Medifast (MED) Operating Expenses (2010 - 2026)
Medifast's (MED) quarterly Operating Expenses came in at $55.1 million in Q1 2026, down 35.62% YoY from $85.5 million in Q1 2025, and down 8.16% on a QoQ basis from $59.9 million in Q4 2025.
Medifast (MED) Operating Expenses (2010 - 2026) Analysis & Trends
Medifast (MED) has 17 years of Operating Expenses data on file, last reported at $55.1 million in Q1 2026.
- Quarterly Operating Expenses fell 35.62% year-over-year to $55.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $258.9 million (down 36.52% YoY) and the FY2025 annual result came in at $289.4 million, down 34.49% from the prior year.
- Operating Expenses declined to $55.1 million in Q1 2026, from $59.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $272.7 million in Q2 2022 to a low of $55.1 million in Q1 2026.
- A 5-year average of $140.7 million and a median of $131.3 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 26.28% — and 2025, when it tumbled 40.82%.
- Tracing MED's Operating Expenses over 5 years: stood at $201.0 million in 2022, then tumbled by 33.98% to $132.7 million in 2023, then sank by 34.05% to $87.5 million in 2024, then sank by 31.5% to $59.9 million in 2025, then declined by 8.16% to $55.1 million in 2026.
- The last three Operating Expenses figures came in at $55.1 million (Q1 2026), $59.9 million (Q4 2025), and $66.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rollins | 17.75 Bn | 17.64 Bn | 569.95 Mn | 877.22 Mn |
| 2 | Service Corp International | 11.48 Bn | 11.22 Bn | 273.50 Mn | 41.78 Mn |
| 3 | H&R Block | 6.80 Bn | 5.84 Bn | 594.35 Mn | 768.10 Mn |
| 4 | Frontdoor | 5.70 Bn | 5.08 Bn | 378.00 Mn | 77.00 Mn |
| 5 | Bright Horizons Family Solutions | 3.77 Bn | 3.61 Bn | 188.96 Mn | 108.00 Mn |
| 6 | Andersen | 666.04 Mn | 490.41 Mn | 44.10 Mn | 226.58 Mn |
| 7 | Carriage Services | 541.52 Mn | 538.97 Mn | 35.04 Mn | 14.36 Mn |
| 8 | Medifast | 129.72 Mn | -40.10 Mn | 53.40 Mn | 57.72 Mn |
| 9 | Regis | 67.31 Mn | 67.31 Mn | - | 46.69 Mn |
| 10 | Vanguard Green Investment | 33.28 Mn | 33.28 Mn | - | 18,021.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.72 Mn |
| Mar 31, 2026 | 55.05 Mn |
| Dec 31, 2025 | 59.94 Mn |
| Sep 30, 2025 | 66.24 Mn |
| Jun 30, 2025 | 77.71 Mn |
| Mar 31, 2025 | 85.51 Mn |
| Dec 31, 2024 | 87.51 Mn |
| Sep 30, 2024 | 103.57 Mn |
| Jun 30, 2024 | 131.31 Mn |
| Mar 31, 2024 | 119.35 Mn |
| Dec 31, 2023 | 132.69 Mn |
| Sep 30, 2023 | 151.87 Mn |
| Jun 30, 2023 | 172.01 Mn |
| Mar 31, 2023 | 192.88 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 234.69 Mn |
| Jun 30, 2022 | 272.72 Mn |
| Mar 31, 2022 | 247.20 Mn |
| Dec 31, 2021 | 231.45 Mn |
| Sep 30, 2021 | 251.89 Mn |