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
DateValue
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