LifeMD (LFMD) Research & Development (2019 - 2025)
LifeMD's (LFMD) quarterly Research & Development came in at -$1.7 million in Q4 2025, up 75.65% on a YoY basis from -$978726.3 in Q4 2024, and down 105.83% quarter-over-quarter from $29.5 million in Q3 2025.
Analysis
LifeMD (LFMD) Research & Development (2019 - 2025) Analysis & Trends
LifeMD (LFMD) has reported Research & Development for 7 consecutive years, with -$1.7 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 75.65% year-over-year to -$1.7 million; the trailing twelve-month figure through Dec 2025 stood at $86.1 million (up 22.78% YoY), and the FY2025 full-year result was $86.1 million, up 22.78% from the prior year.
- Research & Development slipped to -$1.7 million in Q4 2025 per LFMD's latest filing, from $29.5 million in the prior quarter.
- Across five years, Research & Development topped out at $29.5 million in Q3 2025 and bottomed at -$7.1 million in Q4 2024.
- Historically, Research & Development has averaged $19.7 million across 5 years, with a median of $20.8 million in 2021.
- The sharpest annual moves came in 2021 and 2024: Research & Development jumped 578.86% in 2021, then slumped 134.63% in 2024.
- Over 5 years, Research & Development stood at $21.2 million in 2021, then decreased by 17.61% to $17.4 million in 2022, then climbed by 16.9% to $20.4 million in 2023, then plunged by 134.63% to -$7.1 million in 2024, then jumped by 75.65% to -$1.7 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$1.7 million, $29.5 million, and $29.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hinge Health | 7.41 Bn | 7.03 Bn | 183.95 Mn | 81.41 Mn |
| 2 | Hims & Hers Health | 6.47 Bn | 5.63 Bn | 480.80 Mn | 54.90 Mn |
| 3 | Ethos Technologies | 2.54 Bn | 2.37 Bn | 185.54 Mn | 128.09 Mn |
| 4 | Omada Health | 1.38 Bn | 1.16 Bn | 63.79 Mn | 29.89 Mn |
| 5 | Teladoc Health | 1.14 Bn | 366.41 Mn | 416.09 Mn | 62.86 Mn |
| 6 | Talkspace | 870.58 Mn | 779.48 Mn | 24.80 Mn | 14.66 Mn |
| 7 | Akso Health | 259.44 Mn | 259.25 Mn | - | - |
| 8 | LifeMD | 147.29 Mn | 147.29 Mn | - | - |
| 9 | eHealth | 31.71 Mn | -69.34 Mn | - | 11.30 Mn |
| 10 | Mangoceuticals | 7.39 Mn | 7.14 Mn | 44,215.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -1.72 Mn |
| Sep 30, 2025 | 29.47 Mn |
| Jun 30, 2025 | 29.13 Mn |
| Mar 31, 2025 | 29.19 Mn |
| Dec 31, 2024 | -7.06 Mn |
| Sep 30, 2024 | 26.61 Mn |
| Jun 30, 2024 | 26.38 Mn |
| Mar 31, 2024 | 24.17 Mn |
| Dec 31, 2023 | 20.39 Mn |
| Sep 30, 2023 | 19.78 Mn |
| Jun 30, 2023 | 19.57 Mn |
| Mar 31, 2023 | 16.72 Mn |
| Dec 31, 2022 | 17.44 Mn |
| Sep 30, 2022 | 17.20 Mn |
| Jun 30, 2022 | 21.82 Mn |
| Mar 31, 2022 | 21.91 Mn |
| Dec 31, 2021 | 21.17 Mn |
| Sep 30, 2021 | 20.29 Mn |
| Jun 30, 2021 | 22.39 Mn |
| Mar 31, 2021 | 18.64 Mn |