Teladoc Health (TDOC) Gross Margin (2014 - 2026)
Teladoc Health's (TDOC) quarterly Gross Margin came in at 68.56% in Q2 2026, down 129.0% year-over-year from 236.4% in Q2 2025, and up 1.08% quarter-over-quarter from 67.82% in Q1 2026.
Analysis
Teladoc Health (TDOC) Gross Margin (2014 - 2026) Analysis & Trends
Teladoc Health has disclosed Gross Margin across 13 years of filings, most recently posting 68.56% for Q2 2026.
- In Q2 2026, Gross Margin fell 129.0% year-over-year to 68.56%; the TTM figure through Jun 2026 stood at 68.97% (down 130.0% YoY), while the FY2025 annual figure was 69.5%, down 126.0% from the prior year.
- Gross Margin came in at 68.56% for Q2 2026 at Teladoc Health, up from 67.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 71.94% in Q3 2024 to a low of 66.92% in Q1 2022.
- Average Gross Margin over 5 years is 69.82%, with a median of 69.87% recorded in 2024.
- Year-over-year, Gross Margin surged 287 bps in 2023 and plunged 182 bps in 2025.
- Over 5 years, Gross Margin stood at 70.38% in 2022, then rose by 0 bps to 70.72% in 2023, then dropped by 0 bps to 70.5% in 2024, then retreated by 2 bps to 69.32% in 2025, then dropped by 1 bps to 68.56% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 68.56% in Q2 2026, 67.82% in Q1 2026, and 69.32% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hinge Health | 7.41 Bn | 7.03 Bn | 183.95 Mn | 86.44% |
| 2 | Hims & Hers Health | 6.47 Bn | 5.63 Bn | 480.80 Mn | 63.83% |
| 3 | Ethos Technologies | 2.54 Bn | 2.37 Bn | 185.54 Mn | 97.88% |
| 4 | Omada Health | 1.38 Bn | 1.16 Bn | 63.79 Mn | 72.62% |
| 5 | Teladoc Health | 1.14 Bn | 366.41 Mn | 416.09 Mn | 68.56% |
| 6 | Talkspace | 870.58 Mn | 779.48 Mn | 24.80 Mn | 40.22% |
| 7 | Akso Health | 259.44 Mn | 259.25 Mn | - | - |
| 8 | LifeMD | 147.29 Mn | 147.29 Mn | - | - |
| 9 | eHealth | 31.71 Mn | -69.34 Mn | - | - |
| 10 | Mangoceuticals | 7.39 Mn | 7.14 Mn | 44,215.00 | 64.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.56% |
| Mar 31, 2026 | 67.82% |
| Dec 31, 2025 | 69.32% |
| Sep 30, 2025 | 70.12% |
| Jun 30, 2025 | 69.85% |
| Mar 31, 2025 | 68.73% |
| Dec 31, 2024 | 70.50% |
| Sep 30, 2024 | 71.94% |
| Jun 30, 2024 | 70.73% |
| Mar 31, 2024 | 69.89% |
| Dec 31, 2023 | 70.72% |
| Sep 30, 2023 | 71.83% |
| Jun 30, 2023 | 70.79% |
| Mar 31, 2023 | 69.79% |
| Dec 31, 2022 | 70.38% |
| Sep 30, 2022 | 69.64% |
| Jun 30, 2022 | 69.20% |
| Mar 31, 2022 | 66.92% |
| Dec 31, 2021 | 68.43% |
| Sep 30, 2021 | 67.60% |