Teladoc Health (TDOC) Net Margin (2014 - 2026)
Teladoc Health (TDOC) posted Net Margin of 6.41% for Q2 2026, up 38.36% sequentially from 10.4% in Q1 2026, and down 125.0% YoY from 25.64% in Q2 2025.
Teladoc Health (TDOC) Net Margin (2014 - 2026) Analysis & Trends
Teladoc Health has reported Net Margin for 13 years, with the latest figure at 6.41% in Q2 2026.
- Quarterly Net Margin fell 125.0% year-over-year to 6.41% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.13% (up 103.0% YoY) and the FY2025 annual result came in at 7.92%, up 3105.0% from the prior year.
- Net Margin climbed to 6.41% in Q2 2026 per TDOC's latest filing, from 10.4% in the prior quarter.
- Over five years, Net Margin peaked at 3.91% in Q4 2025 and troughed at 1180.6% in Q1 2022.
- A 5-year average of 141.78% and a median of 10.19% in 2026 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 113660 bps in 2022, then surged 116960 bps in 2023.
- Over 5 years, Net Margin stood at 597.47% in 2022, then surged by 99 bps to 4.38% in 2023, then slumped by 72 bps to 7.55% in 2024, then jumped by 48 bps to 3.91% in 2025, then tumbled by 64 bps to 6.41% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 6.41%, 10.4%, and 3.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.18% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -11.87% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.25% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 12.78% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 15.53% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.57% |
| 10 | Teladoc Health | 1.24 Bn | 462.69 Mn | 416.09 Mn | -6.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.41% |
| 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% |