Medifast (MED) Gross Margin (2010 - 2026)
Medifast (MED) reported Gross Margin of 69.90% for Q2 2026, down 2.71 percentage points from 72.61% a year earlier but up 1.84 percentage points from the prior quarter.
Medifast (MED) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Medifast's Gross Margin came in at 69.24%, down 4.60 percentage points year-over-year; for FY2025, it was 71.33%, down 2.47 percentage points from FY2024.
- Gross Margin has a five-year change of -3.31 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 73.80% in FY2024 (+1.43 pp), 72.37% in FY2023 (+1.03 pp), 71.34% in FY2022 (-2.55 pp) and 73.89% in FY2021 (-0.76 pp).
- Five-year quarterly Gross Margin spans a low of 68.06% in Q1 2026 and a high of 75.39% in Q3 2024.
- Year over year, Gross Margin has now declined in each of the last six quarters, with an average year-over-year change of -2.30 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2023 (a gain of 4.74 percentage points); the low point was Q3 2025 (a drop of 5.87 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 68.06% (Q1 2026), 69.43% (Q4 2025) and 69.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | 48.50% |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | 61.48% |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | 58.18% |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | 75.46% |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | 38.27% |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | 45.35% |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 41.27% |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | 83.20% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 25.95% |
| 10 | Medifast | 129.81 Mn | -549.74 Mn | 53.40 Mn | 69.90% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.90% |
| Mar 31, 2026 | 68.06% |
| Dec 31, 2025 | 69.43% |
| Sep 30, 2025 | 69.52% |
| Jun 30, 2025 | 72.61% |
| Mar 31, 2025 | 72.80% |
| Dec 31, 2024 | 74.13% |
| Sep 30, 2024 | 75.39% |
| Jun 30, 2024 | 73.23% |
| Mar 31, 2024 | 72.85% |
| Dec 31, 2023 | 74.01% |
| Sep 30, 2023 | 75.20% |
| Jun 30, 2023 | 71.14% |
| Mar 31, 2023 | 70.60% |
| Dec 31, 2022 | 69.27% |
| Sep 30, 2022 | 72.45% |
| Jun 30, 2022 | 70.96% |
| Mar 31, 2022 | 72.39% |
| Dec 31, 2021 | 73.65% |
| Sep 30, 2021 | 74.28% |
Medifast Gross Margin 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=gross-margin&ticker=MED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();