Medifast (MED) Gross Margin (2009 - 2026)
Medifast (MED) reported Gross Margin of 69.45% for Q3 2026, down 0.07 percentage points from 69.52% a year earlier and down 0.45 percentage points from the prior quarter.
Medifast (MED) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Medifast's Gross Margin came in at 69.21%, down 3.23 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 seven quarters, with an average year-over-year change of -2.33 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 Q3 2026 came in at 69.90% (Q2 2026), 68.06% (Q1 2026) and 69.43% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 393.58 Bn | 345.38 Bn | 11.60 Bn | 49.83% |
| 2 | Colgate Palmolive | 79.23 Bn | 74.06 Bn | 3.23 Bn | 60.22% |
| 3 | Estee Lauder Companies | 40.61 Bn | 27.71 Bn | 2.81 Bn | 75.72% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 59.55% |
| 5 | Kimberly Clark | 36.40 Bn | 32.48 Bn | 1.44 Bn | 34.86% |
| 6 | Church & Dwight | 26.67 Bn | 25.06 Bn | 749.40 Mn | 46.78% |
| 7 | Clorox | 13.24 Bn | 11.66 Bn | 770.00 Mn | 40.42% |
| 8 | e.l.f. Beauty | 6.97 Bn | 5.79 Bn | 370.22 Mn | 71.09% |
| 9 | Reynolds Consumer Products | 5.22 Bn | 4.91 Bn | 236.00 Mn | 25.00% |
| 10 | Medifast | 144.93 Mn | -533.64 Mn | 50.04 Mn | 69.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 69.45% |
| 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% |
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();