Teladoc Health (TDOC) Net Margin (2014 - 2026)
Teladoc Health (TDOC) reported Net Margin of 10.4% for Q1 2026, up 438.0% on a YoY basis from 1.93% in Q1 2025, and down 166.0% sequentially from 3.91% in Q4 2025.
Teladoc Health (TDOC) Net Margin (2014 - 2026) Analysis & Trends
Teladoc Health (TDOC) has 13 years of Net Margin data on file, last reported at 10.4% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 438.0% year-over-year to 10.4%; the trailing twelve-month figure through Mar 2026 stood at 6.8% (up 3285.0% YoY), and the FY2025 full-year result was 7.92%, up 3105.0% from the prior year.
- Net Margin eased to 10.4% in Q1 2026, 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.
- A 5-year average of 149.74% and a median of 10.4% in 2026 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 113660 bps in 2022 and soared 116960 bps in 2023, its largest moves.
- Tracing TDOC's Net Margin over 5 years: stood at 597.47% in 2022, then surged by 99 bps to 4.37% in 2023, then plunged by 73 bps to 7.56% in 2024, then soared by 48 bps to 3.91% in 2025, then sank by 166 bps to 10.4% in 2026.
- Business Quant data shows TDOC's Net Margin at 10.4% in Q1 2026, 3.91% in Q4 2025, and 7.91% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.25 Bn | 24.94 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 14.59 Bn | 13.69 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 8.33 Bn | 8.07 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 5.98 Bn | 5.67 Bn | 154.23 Mn | 18.66% |
| 5 | 10x Genomics | 5.88 Bn | 5.34 Bn | 106.18 Mn | -8.93% |
| 6 | MiniMed | 4.49 Bn | 4.20 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.48 Bn | 4.41 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.97 Bn | 3.22 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.13 Bn | 2.71 Bn | - | 0.61% |
| 10 | Teladoc Health | 1.59 Bn | 835.39 Mn | 416.32 Mn | -10.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.40% |
| Dec 31, 2025 | -3.91% |
| Sep 30, 2025 | -7.91% |
| Jun 30, 2025 | -5.16% |
| Mar 31, 2025 | -14.78% |
| Dec 31, 2024 | -7.56% |
| Sep 30, 2024 | -5.20% |
| Jun 30, 2024 | -130.39% |
| Mar 31, 2024 | -12.67% |
| Dec 31, 2023 | -4.37% |
| Sep 30, 2023 | -8.64% |
| Jun 30, 2023 | -9.99% |
| Mar 31, 2023 | -11.00% |
| Dec 31, 2022 | -597.47% |
| Sep 30, 2022 | -12.01% |
| Jun 30, 2022 | -523.56% |
| Mar 31, 2022 | -1,180.60% |
| Dec 31, 2021 | -1.98% |
| Sep 30, 2021 | -16.16% |
| Jun 30, 2021 | -26.60% |