LifeMD (LFMDP) Operating Expenses (2012 - 2025)
LifeMD (LFMDP) reported Operating Expenses of $9.1 million for Q4 2025, up 94.92% on a YoY basis from $4.7 million in Q4 2024, and down 83.43% quarter-over-quarter from $54.7 million in Q3 2025.
LifeMD (LFMDP) Operating Expenses (2012 - 2025) Analysis & Trends
LifeMD has reported Operating Expenses for 14 years, with the latest figure at $9.1 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 94.92% year-over-year to $9.1 million; the trailing twelve-month figure through Mar 2026 stood at $119.5 million (down 26.85% YoY), and the FY2025 full-year result was $174.0 million, up 13.15% from the prior year.
- Operating Expenses for Q4 2025 stood at $9.1 million, down from $54.7 million in the prior quarter.
- The five-year high for Operating Expenses was $55.7 million in Q2 2025, with the low at $4.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $37.5 million across 5 years, with a median of $36.6 million in 2022.
- Annual changes were most pronounced in 2021 — Operating Expenses surged 471.52% — and 2024, when it plunged 88.83%.
- LifeMD's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 122.16 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 123.22 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 101.14 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 233.41 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 123.51 Mn |
| 10 | LifeMD | - | - | - | - |
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 |