LifeMD (LFMD) Operating Expenses (2012 - 2025)
LifeMD's (LFMD) quarterly Operating Expenses came in at $9.1 million in Q4 2025, up 94.92% YoY from $4.7 million in Q4 2024, and down 83.43% on a QoQ basis from $54.7 million in Q3 2025.
LifeMD (LFMD) Operating Expenses (2012 - 2025) Analysis & Trends
LifeMD (LFMD) has 14 years of Operating Expenses data on file, last reported at $9.1 million in Q4 2025.
- Quarterly Operating Expenses rose 94.92% year-over-year to $9.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $174.0 million (up 12.58% YoY) and the FY2025 annual result came in at $174.0 million, up 13.15% from the prior year.
- Operating Expenses fell to $9.1 million in Q4 2025, from $54.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $55.7 million in Q2 2025 to a low of $4.7 million in Q4 2024.
- A 5-year average of $37.5 million and a median of $36.6 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses surged 471.52% — and 2024, when it plunged 88.83%.
- Tracing LFMD's Operating Expenses over 5 years: stood at $35.5 million in 2021, then dropped by 3.07% to $34.4 million in 2022, then rose by 21.07% to $41.7 million in 2023, then sank by 88.83% to $4.7 million in 2024, then soared by 94.92% to $9.1 million in 2025.
- The last three Operating Expenses figures came in at $9.1 million (Q4 2025), $54.7 million (Q3 2025), and $55.7 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | LifeMD | 160.97 Mn | 123.85 Mn | 2.85 Mn | 9.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.07 Mn |
| Sep 30, 2025 | 54.73 Mn |
| Jun 30, 2025 | 55.69 Mn |
| Mar 31, 2025 | 54.51 Mn |
| Dec 31, 2024 | 4.65 Mn |
| Sep 30, 2024 | 52.26 Mn |
| Jun 30, 2024 | 51.94 Mn |
| Mar 31, 2024 | 45.72 Mn |
| Dec 31, 2023 | 41.68 Mn |
| Sep 30, 2023 | 38.40 Mn |
| Jun 30, 2023 | 36.29 Mn |
| Mar 31, 2023 | 31.76 Mn |
| Dec 31, 2022 | 34.42 Mn |
| Sep 30, 2022 | 33.76 Mn |
| Jun 30, 2022 | 38.73 Mn |
| Mar 31, 2022 | 36.90 Mn |
| Dec 31, 2021 | 35.51 Mn |
| Sep 30, 2021 | 32.44 Mn |
| Jun 30, 2021 | 34.32 Mn |
| Mar 31, 2021 | 26.91 Mn |