Growth Metrics

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

Teladoc Health recorded quarterly Net Margin of 10.4% in Q1 2026, down 166.0% quarter-over-quarter from 3.91% in Q4 2025, and up 437.0% year-over-year from 1.94% in Q1 2025.

Teladoc Health's Net Margin history runs 13 years deep, the most recent figure standing at 10.4% for Q1 2026.

  • In Q1 2026, Net Margin rose 437.0% year-over-year to 10.4%; the TTM figure through Mar 2026 stood at 6.8% (up 3285.0% YoY), while the FY2025 annual figure 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.
  • 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 tumbled 113660 bps in 2022 and jumped 116960 bps in 2023, its largest moves.
  • Teladoc Health's Net Margin stood at 597.47% in 2022, then jumped by 99 bps to 4.37% in 2023, then sank by 73 bps to 7.55% in 2024, then surged by 48 bps to 3.91% in 2025, then tumbled by 166 bps to 10.4% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 10.4%, 3.91%, and 7.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 29.21%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.06%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 19.57%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 18.66%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 13.15%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 13.80%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -8.93%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 0.61%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 3.68%
10 Teladoc Health 1.42 Bn 672.39 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%
Mar 31, 2021 -44.00%
Dec 31, 2020 -102.78%
Sep 30, 2020 -12.42%
Jun 30, 2020 -10.66%
Mar 31, 2020 -16.38%
Dec 31, 2019 -12.17%
Sep 30, 2019 -14.75%
Jun 30, 2019 -22.51%
Mar 31, 2019 -23.45%
Dec 31, 2018 -20.27%
Sep 30, 2018 -20.97%
Jun 30, 2018 -26.52%
Mar 31, 2018 -26.62%
Dec 31, 2017 -57.54%
Sep 30, 2017 -45.64%
Jun 30, 2017 -34.57%
Mar 31, 2017 -36.49%
Dec 31, 2016 -38.13%
Sep 30, 2016 -91.94%
Jun 30, 2016 -56.17%
Mar 31, 2016 -56.92%
Dec 31, 2015 -66.29%
Sep 30, 2015 -66.32%
Jun 30, 2015 -93.33%
Mar 31, 2015 -77.04%
Dec 31, 2014 -54.10%
Sep 30, 2014 -50.72%
Jun 30, 2014 -41.35%