Growth Metrics

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

Teladoc Health (TDOC) has disclosed Gross Margin for 12 consecutive years, with 69.32% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 118.0% to 69.32% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 80.55% through Dec 2025, up 979.0% year-over-year, with the annual reading at 69.5% for FY2025, 126.0% down from the prior year.
  • Gross Margin hit 69.32% in Q4 2025 for Teladoc Health, down from 92.3% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 140.54% in Q4 2021 to a low of 10.13% in Q4 2022.
  • Historically, Gross Margin has averaged 76.39% across 5 years, with a median of 70.62% in 2024.
  • Biggest five-year swings in Gross Margin: surged 12682bps in 2021 and later plummeted -13041bps in 2022.
  • Year by year, Gross Margin stood at 140.54% in 2021, then crashed by -93bps to 10.13% in 2022, then skyrocketed by 807bps to 91.91% in 2023, then decreased by -23bps to 70.5% in 2024, then fell by -2bps to 69.32% in 2025.
  • Business Quant data shows Gross Margin for TDOC at 69.32% in Q4 2025, 92.3% in Q3 2025, and 92.1% in Q2 2025.