LifeMD (LFMD) Cost of Revenue (2012 - 2025)
LifeMD (LFMD) posted Cost of Revenue of $4.2 million for Q4 2025, down 42.87% on a QoQ basis from $7.4 million in Q3 2025, and down 37.78% year-over-year from $6.8 million in Q4 2024.
LifeMD (LFMD) Cost of Revenue (2012 - 2025) Analysis & Trends
LifeMD's Cost of Revenue history runs 14 years deep, the most recent figure standing at $4.2 million for Q4 2025.
- Quarterly Cost of Revenue fell 37.78% year-over-year to $4.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $27.7 million (up 29.26% YoY) and the FY2025 annual result came in at $27.7 million, up 29.26% from the prior year.
- Cost of Revenue was $4.2 million for Q4 2025 at LifeMD, down from $7.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $8.6 million in Q1 2025 and bottomed at $3.2 million in Q1 2021.
- A 5-year average of $5.2 million and a median of $4.9 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2021 — Cost of Revenue surged 204.16% — and 2025, when it plunged 37.78%.
- LifeMD's Cost of Revenue stood at $5.6 million in 2021, then fell by 26.94% to $4.1 million in 2022, then surged by 31.66% to $5.4 million in 2023, then gained by 27.01% to $6.8 million in 2024, then plunged by 37.78% to $4.2 million in 2025.
- Business Quant data shows LFMD's Cost of Revenue at $4.2 million in Q4 2025, $7.4 million in Q3 2025, and $7.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 98.33 Mn |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 28.07 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | 44.67 Mn |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 97.04 Mn |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 19.41 Mn |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | - |
| 10 | LifeMD | 169.91 Mn | 132.79 Mn | 2.85 Mn | 4.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.23 Mn |
| Dec 31, 2025 | 4.23 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Jun 30, 2025 | 7.43 Mn |
| Jun 30, 2025 | 7.43 Mn |
| Mar 31, 2025 | 8.64 Mn |
| Mar 31, 2025 | 8.64 Mn |
| Dec 31, 2024 | 6.80 Mn |
| Dec 31, 2024 | 6.80 Mn |
| Sep 30, 2024 | 5.01 Mn |
| Sep 30, 2024 | 5.01 Mn |
| Jun 30, 2024 | 5.02 Mn |
| Jun 30, 2024 | 5.02 Mn |
| Mar 31, 2024 | 4.60 Mn |
| Mar 31, 2024 | 4.60 Mn |
| Dec 31, 2023 | 5.36 Mn |
| Dec 31, 2023 | 5.36 Mn |
| Sep 30, 2023 | 4.78 Mn |
| Sep 30, 2023 | 4.78 Mn |