LifeMD (LFMD) Cost of Revenue (2012 - 2025)
LifeMD (LFMD) reported Cost of Revenue of $4.23 million for Q4 2025, down 37.8% from $6.8 million a year earlier and down 42.9% from the prior quarter.
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Analysis
LifeMD (LFMD) Cost of Revenue (2012 - 2025) Analysis & Trends
For FY2025, LifeMD posted Cost of Revenue of $27.71 million, up 29.3% from FY2024.
- Cost of Revenue has increased for eight consecutive years, with a five-year compound annual growth rate of 25.6% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $21.44 million in FY2024 (+13.4%), $18.9 million in FY2023 (+1.2%), $18.67 million in FY2022 (+3.7%) and $18 million in FY2021 (+103.1%).
- The Q4 2025 figure ranks as the lowest quarterly Cost of Revenue since Q1 2023.
- Year over year, Cost of Revenue gained in seven of the last eight quarters, with growth averaging 24.7%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 204.2%); the low point was Q4 2025 (a decline of 37.8%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $7.41 million (Q3 2025), $7.43 million (Q2 2025) and $8.64 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 2.62 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | 115.95 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | 135.99 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 271.40 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | - |
| 10 | LifeMD | 131.03 Mn | 131.03 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.23 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Jun 30, 2025 | 7.43 Mn |
| Mar 31, 2025 | 8.64 Mn |
| Dec 31, 2024 | 6.80 Mn |
| Sep 30, 2024 | 5.01 Mn |
| Jun 30, 2024 | 5.02 Mn |
| Mar 31, 2024 | 4.60 Mn |
| Dec 31, 2023 | 5.36 Mn |
| Sep 30, 2023 | 4.78 Mn |
| Jun 30, 2023 | 4.55 Mn |
| Mar 31, 2023 | 4.21 Mn |
| Dec 31, 2022 | 4.07 Mn |
| Sep 30, 2022 | 4.72 Mn |
| Jun 30, 2022 | 4.64 Mn |
| Mar 31, 2022 | 5.25 Mn |
| Dec 31, 2021 | 5.57 Mn |
| Sep 30, 2021 | 5.10 Mn |
| Jun 30, 2021 | 4.12 Mn |
| Mar 31, 2021 | 3.21 Mn |
API Access
LifeMD Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LFMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "LFMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LFMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();