Teladoc Health profit margin TDOC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- −7.1%
- Operating margin, 12 months
- −7.5%
- Net margin on a year earlier
- +1.0 pts
- Peer median
- 5.0%
Over the twelve months to Jun 30, 2026, Teladoc Health kept −7.1% of its revenue as net profit, with an operating margin of −7.5% and a gross margin of 69.0%.
Five years earlier its net margin was −46.9%.
The median for 10 hospital and care facility stocks of a similar size is 5.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −7.9% | −10.4% | 69.5% |
| FY2024 | −39.0% | −39.7% | 70.8% |
| FY2023 | −8.5% | −9.6% | 70.8% |
| FY2022 | n/a | n/a | 69.1% |
| FY2021 | −21.1% | −13.1% | 68.0% |
| FY2020 | −44.3% | −46.3% | 64.3% |
| FY2019 | −17.9% | −14.5% | 66.7% |
| FY2018 | −23.2% | −17.0% | 69.2% |
| FY2017 | −45.8% | −32.3% | 73.6% |
| FY2016 | −60.3% | −50.9% | 74.0% |
| FY2015 | −75.0% | −72.1% | 72.8% |
| FY2014 | −39.1% | −34.8% | 77.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −7.1% | +1.0 pts | −7.5% | |
| Q1 FY26 | −6.8% | +32.9 pts | −8.1% | |
| Q4 FY25 | −7.9% | +31.0 pts | −10.4% | |
| Q3 FY25 | −8.8% | +29.1 pts | −10.9% | |
| Q2 FY25 | −8.2% | +30.4 pts | −10.5% | |
| Q1 FY25 | −39.7% | −30.8 pts | −41.3% | |
| Q4 FY24 | −39.0% | −30.5 pts | −39.7% | |
| Q3 FY24 | −37.9% | n/a | −38.9% | |
| Q2 FY24 | −38.5% | n/a | −39.4% | |
| Q1 FY24 | −8.9% | n/a | −9.9% | |
| Q4 FY23 | −8.5% | n/a | −9.6% | |
| Q3 FY23 | n/a | n/a | n/a |
Against its peers
Companies in Medical - Care Facilities nearest Teladoc Health's size, closest first, today.
| Company | Profit margin |
|---|---|
| TDOCTeladoc Health | −7.1% |
| OMDAOmada Health | 1.4% |
| USPHU S Physical Therapy | 4.0% |
| PNTGPennant | 2.9% |
| ARDTArdent Health | 1.2% |
| HCSGHealthcare Services | 6.6% |
| PGNYProgyny | 6.0% |
| ADUSAddus HomeCare | 7.1% |
| MDPediatrix Medical | 9.0% |
| SBCSBC Medical | 28.0% |
| PRVAPrivia Health | 1.2% |
| Peer median | 5.0% |
Where Teladoc Health ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Teladoc Health
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.