Medifast (MED) Cost of Revenue (2009 - 2026)
Medifast's Cost of Revenue came in at $22.01 million for Q3 2026, down 19.2% from $27.25 million a year earlier and down 4.3% from the prior quarter.
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Analysis
Medifast (MED) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Medifast reported Cost of Revenue of $92.24 million, down 22.1% 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 Q3 2026 figure represents the lowest quarterly Cost of Revenue since Q4 2017.
- Year-over-year, Cost of Revenue has declined for 15 consecutive quarters, with an average decline of 27.1% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2021 (growth of 51.6%), and the weakest in Q1 2024 (a decline of 53.8%).
- Business Quant data shows MED's Cost of Revenue at $22.99 million (Q2 2026), $24.29 million (Q1 2026) and $22.96 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 393.58 Bn | 345.38 Bn | 11.60 Bn | 11.68 Bn |
| 2 | Colgate Palmolive | 79.23 Bn | 74.06 Bn | 3.23 Bn | 2.14 Bn |
| 3 | Estee Lauder Companies | 40.61 Bn | 27.71 Bn | 2.81 Bn | 902.00 Mn |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 1.57 Bn |
| 5 | Kimberly Clark | 36.40 Bn | 32.48 Bn | 1.44 Bn | 2.69 Bn |
| 6 | Church & Dwight | 26.67 Bn | 25.06 Bn | 749.40 Mn | 852.70 Mn |
| 7 | Clorox | 13.24 Bn | 11.66 Bn | 770.00 Mn | 1.14 Bn |
| 8 | e.l.f. Beauty | 6.97 Bn | 5.79 Bn | 370.22 Mn | 150.59 Mn |
| 9 | Reynolds Consumer Products | 5.22 Bn | 4.91 Bn | 236.00 Mn | 708.00 Mn |
| 10 | Medifast | 144.93 Mn | -533.64 Mn | 50.04 Mn | 22.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.01 Mn |
| 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 |
API Access
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_KEYimport 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();