Medifast (MED) Cost of Revenue (2010 - 2026)

Medifast has reported Cost of Revenue for 17 years, with the latest figure at $24.3 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 22.85% year-over-year to $24.3 million; the trailing twelve-month figure through Mar 2026 stood at $103.4 million (down 27.12% YoY), and the FY2025 full-year result was $110.6 million, down 29.93% from the prior year.
• Cost of Revenue for Q1 2026 stood at $24.3 million, up from $23.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $131.7 million in Q2 2022, with the low at $23.0 million in Q4 2025.
• Historically, Cost of Revenue has averaged $61.6 million across 5 years, with a median of $47.4 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 31.02% — and 2024, when it sank 53.75%.
• Medifast's Cost of Revenue stood at $103.6 million in 2022, then slumped by 52.1% to $49.6 million in 2023, then slumped by 37.99% to $30.8 million in 2024, then decreased by 25.43% to $23.0 million in 2025, then advanced by 5.8% to $24.3 million in 2026.
• The last three Cost of Revenue figures came in at $24.3 million (Q1 2026), $23.0 million (Q4 2025), and $27.2 million (Q3 2025), per Business Quant data.