Teladoc Health (TDOC) Operating Expenses (2014 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Teladoc Health was $2.68 billion, down 4.8% year-over-year; for FY2025, it was $2.79 billion, down 22.2% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
• In prior years, Teladoc Health's Operating Expenses was $3.59 billion in FY2024 (+25.9%), $2.85 billion in FY2023 (-82.2%), $16.06 billion in FY2022 (+598.8%) and $2.3 billion in FY2021 (+43.6%).
• The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q4 2021.
• On a year-over-year basis, Operating Expenses has declined in each of the last five quarters, with an average decline of 9.6% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2022, with growth of 647.6%; the weakest was Q1 2023, with a decline of 90.2%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $675.61 million (Q1 2026), $678.27 million (Q4 2025) and $678.4 million (Q3 2025).