Medifast (MED) Cost of Revenue (2010 - 2026)
Medifast's Cost of Revenue came in at $22.99 million for Q2 2026, down 20.5% from $28.91 million a year earlier and down 5.4% from the prior quarter.
Medifast (MED) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Medifast reported Cost of Revenue of $97.48 million, down 22.4% year-over-year; for FY2025, it came in at $110.6 million, down 29.9% from FY2024.
- Cost of Revenue has declined in each of the last three years, with a five-year compound annual growth rate of -14.1% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $157.84 million in FY2024 (-46.7%), $296.2 million in FY2023 (-35.3%), $458.16 million in FY2022 (+15.0%) and $398.49 million in FY2021 (+68.1%).
- The five-year range for quarterly Cost of Revenue is $22.96 million (Q4 2025) to $131.65 million (Q2 2022).
- Year-over-year, Cost of Revenue has declined for 14 consecutive quarters, with an average decline of 29.8% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q3 2021 (growth of 57.7%), and the weakest in Q1 2024 (a decline of 53.8%).
- Business Quant data shows MED's Cost of Revenue at $24.29 million (Q1 2026), $22.96 million (Q4 2025) and $27.25 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 336.76 Bn | 292.75 Bn | 10.28 Bn | 10.92 Bn |
| 2 | Colgate Palmolive | 67.18 Bn | 62.24 Bn | 3.30 Bn | 2.07 Bn |
| 3 | Estee Lauder Companies | 33.32 Bn | 21.40 Bn | 2.74 Bn | 890.00 Mn |
| 4 | Kenvue | 33.09 Bn | 28.70 Bn | 2.30 Bn | 1.65 Bn |
| 5 | Kimberly Clark | 31.38 Bn | 28.71 Bn | 1.60 Bn | 2.59 Bn |
| 6 | Church & Dwight | 22.37 Bn | 20.90 Bn | 693.90 Mn | 836.10 Mn |
| 7 | Clorox | 9.72 Bn | 8.16 Bn | 804.00 Mn | 1.14 Bn |
| 8 | e.l.f. Beauty | 6.17 Bn | 5.15 Bn | 398.84 Mn | 80.53 Mn |
| 9 | Reynolds Consumer Products | 4.71 Bn | 4.37 Bn | 245.00 Mn | 699.00 Mn |
| 10 | Medifast | 131.38 Mn | -548.18 Mn | 53.40 Mn | 22.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.99 Mn |
| Mar 31, 2026 | 24.29 Mn |
| Dec 31, 2025 | 22.96 Mn |
| Sep 30, 2025 | 27.25 Mn |
| Jun 30, 2025 | 28.91 Mn |
| Mar 31, 2025 | 31.48 Mn |
| Dec 31, 2024 | 30.78 Mn |
| Sep 30, 2024 | 34.49 Mn |
| Jun 30, 2024 | 45.12 Mn |
| Mar 31, 2024 | 47.45 Mn |
| Dec 31, 2023 | 49.65 Mn |
| Sep 30, 2023 | 58.49 Mn |
| Jun 30, 2023 | 85.47 Mn |
| Mar 31, 2023 | 102.59 Mn |
| Dec 31, 2022 | 103.65 Mn |
| Sep 30, 2022 | 107.55 Mn |
| Jun 30, 2022 | 131.65 Mn |
| Mar 31, 2022 | 115.31 Mn |
| Dec 31, 2021 | 99.55 Mn |
| Sep 30, 2021 | 106.34 Mn |
Medifast Cost of Revenue 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=cost-of-revenue&ticker=MED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();