Teladoc Health (TDOC) Intangibles (2014 - 2026)
Teladoc Health (TDOC) reported Intangibles of $1.18 billion for Q2 2026, down 15.0% from $1.38 billion a year earlier and down 4.8% from the prior quarter.
Teladoc Health (TDOC) Intangibles (2014 - 2026) Analysis & Trends
At the end of FY2025, Teladoc Health posted Intangibles of $1.3 billion, down 9.4% from FY2024.
- Intangibles has declined for five consecutive years, with a five-year compound annual growth rate of -8.5% (FY2020 to FY2025).
- By year, Intangibles came in at $1.43 billion in FY2024 (-14.7%), $1.68 billion in FY2023 (-8.7%), $1.84 billion in FY2022 (-3.8%) and $1.91 billion in FY2021 (-5.5%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q3 2020.
- Year over year, Intangibles has now declined in each of the last 19 quarters, with an average decline of 12.4% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2021 (growth of 399.8%); the low point was Q2 2026 (a decline of 15.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.24 billion (Q1 2026), $1.3 billion (Q4 2025) and $1.34 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 360.20 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 1.67 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 3.68 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 25.27 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 1.28 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 312.46 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 306.80 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 514.42 Mn |
| 10 | Teladoc Health | 1.05 Bn | -1.98 Bn | 416.09 Mn | 1.18 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.24 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Jun 30, 2025 | 1.38 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.43 Bn |
| Sep 30, 2024 | 1.50 Bn |
| Jun 30, 2024 | 1.55 Bn |
| Mar 31, 2024 | 1.61 Bn |
| Dec 31, 2023 | 1.68 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 1.78 Bn |
| Mar 31, 2023 | 1.82 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.85 Bn |
| Jun 30, 2022 | 1.87 Bn |
| Mar 31, 2022 | 1.88 Bn |
| Dec 31, 2021 | 1.91 Bn |
| Sep 30, 2021 | 1.93 Bn |
Teladoc Health Intangibles 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=intangibles&ticker=TDOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "TDOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=TDOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();