Teladoc Health (TDOC) Net Margin (2014 - 2026)

Teladoc Health's (TDOC) quarterly Net Margin came in at 10.4% in Q1 2026, up 437.0% year-on-year from 1.94% in Q1 2025, and down 166.0% quarter-over-quarter from 3.91% in Q4 2025.

Teladoc Health (TDOC) Net Margin (2014 - 2026) Analysis & Trends

Teladoc Health has disclosed Net Margin across 13 years of filings, most recently posting 10.4% for Q1 2026.

  • Net Margin for Q1 2026 came in at 10.4%, up 437.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.8% (up 3285.0% YoY), and the FY2025 annual result was 7.92%, up 3105.0% from the prior year.
  • Net Margin came in at 10.4% for Q1 2026 at Teladoc Health, down from 3.91% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 3.91% in Q4 2025 to a low of 1180.6% in Q1 2022.
  • The 5-year median for Net Margin is 10.4% (2026), against an average of 149.74%.
  • Across the five-year window, Net Margin plunged 113660 bps in 2022 and soared 116960 bps in 2023, its largest moves.
  • Teladoc Health's Net Margin stood at 597.47% in 2022, then soared by 99 bps to 4.37% in 2023, then slumped by 73 bps to 7.55% in 2024, then jumped by 48 bps to 3.91% in 2025, then plunged by 166 bps to 10.4% in 2026.
  • The last three Net Margin figures came in at 10.4% (Q1 2026), 3.91% (Q4 2025), and 7.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.06%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 19.57%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 18.66%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -8.93%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 13.15%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 13.80%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 0.61%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 3.68%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -10.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.40%
Dec 31, 2025 -3.91%
Sep 30, 2025 -7.91%
Jun 30, 2025 -5.16%
Mar 31, 2025 -14.77%
Dec 31, 2024 -7.55%
Sep 30, 2024 -5.20%
Jun 30, 2024 -130.39%
Mar 31, 2024 -12.68%
Dec 31, 2023 -4.37%
Sep 30, 2023 -8.64%
Jun 30, 2023 -9.98%
Mar 31, 2023 -11.00%
Dec 31, 2022 -597.47%
Sep 30, 2022 -12.02%
Jun 30, 2022 -523.56%
Mar 31, 2022 -1,180.60%
Dec 31, 2021 -1.98%
Sep 30, 2021 -16.17%
Jun 30, 2021 -26.60%