Growth Metrics

Teladoc Health (TDOC) Gross Margin (2016 - 2025)

Teladoc Health's Gross Margin history spans 12 years, with the latest figure at 114.22% for Q4 2025.

  • For Q4 2025, Gross Margin rose 10774.0% year-over-year to 114.22%; the TTM value through Dec 2025 reached 92.31%, up 3215.0%, while the annual FY2025 figure was 92.31%, 2155.0% up from the prior year.
  • Gross Margin for Q4 2025 was 114.22% at Teladoc Health, up from 70.12% in the prior quarter.
  • Across five years, Gross Margin topped out at 153.42% in Q4 2023 and bottomed at 6.48% in Q4 2024.
  • The 5-year median for Gross Margin is 71.31% (2023), against an average of 83.98%.
  • The largest annual shift saw Gross Margin crashed -14694bps in 2024 before it skyrocketed 10774bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 140.54% in 2021, then increased by 8bps to 151.43% in 2022, then grew by 1bps to 153.42% in 2023, then plummeted by -96bps to 6.48% in 2024, then soared by 1663bps to 114.22% in 2025.
  • Per Business Quant, the three most recent readings for TDOC's Gross Margin are 114.22% (Q4 2025), 70.12% (Q3 2025), and 115.54% (Q2 2025).