LifeMD (LFMD) Research & Development (2019 - 2025)
LifeMD (LFMD) recorded Research & Development of -$920,045 in Q4 2025, compared with -$244,650 a year earlier.
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Analysis
LifeMD (LFMD) Research & Development (2019 - 2025) Analysis & Trends
For FY2025, LifeMD reported Research & Development of $7.35 million, up 7.1% from FY2024.
- Annual Research & Development has increased for seven straight years, with a five-year compound annual growth rate of 75.1% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $6.86 million in FY2024 (+13.1%), $6.06 million in FY2023 (+104.0%), $2.97 million in FY2022 (+281.4%) and $778,772 in FY2021 (+74.3%).
- The Q4 2025 figure is the lowest quarterly Research & Development in data going back to Q1 2019.
- Across the past five years, year-over-year growth in Research & Development ran from 8.3% in Q3 2021 to 541.2% in Q3 2022.
- Per Business Quant, the preceding three quarters came in at $2.85 million (Q3 2025), $2.74 million (Q2 2025) and $2.68 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | LifeMD | 140.11 Mn | 140.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -920,045.00 |
| Sep 30, 2025 | 2.85 Mn |
| Jun 30, 2025 | 2.74 Mn |
| Mar 31, 2025 | 2.68 Mn |
| Dec 31, 2024 | -244,650.00 |
| Sep 30, 2024 | 2.61 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 1.38 Mn |
| Mar 31, 2023 | 1.18 Mn |
| Dec 31, 2022 | 1.02 Mn |
| Sep 30, 2022 | 821,636.00 |
| Jun 30, 2022 | 701,070.00 |
| Mar 31, 2022 | 428,333.00 |
| Dec 31, 2021 | 216,979.00 |
| Sep 30, 2021 | 128,134.00 |
| Jun 30, 2021 | 122,603.00 |
| Mar 31, 2021 | 311,056.00 |
API Access
LifeMD Research & Development 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=research-and-development&ticker=LFMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=LFMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();