Teladoc Health (TDOC) Operating Expenses (2014 - 2026)
Teladoc Health's (TDOC) quarterly Operating Expenses came in at $644.0 million in Q2 2026, down 6.16% year-over-year from $686.3 million in Q2 2025, and down 4.68% quarter-over-quarter from $675.6 million in Q1 2026.
Analysis
Teladoc Health (TDOC) Operating Expenses (2014 - 2026) Analysis & Trends
Teladoc Health has disclosed Operating Expenses across 13 years of filings, most recently posting $644.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 6.16% year-over-year to $644.0 million; the TTM figure through Jun 2026 stood at $2.7 billion (down 4.75% YoY), while the FY2025 annual figure was $2.8 billion, down 22.21% from the prior year.
- Operating Expenses came in at $644.0 million for Q2 2026 at Teladoc Health, down from $675.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.2 billion in Q1 2022 to a low of $644.0 million in Q2 2026.
- Average Operating Expenses over 5 years is $1.5 billion, with a median of $701.0 million recorded in 2023.
- Year-over-year, Operating Expenses surged 1243.86% in 2022 and tumbled 90.24% in 2023.
- Over 5 years, Operating Expenses stood at $4.5 billion in 2022, then tumbled by 84.38% to $695.6 million in 2023, then fell by 0.99% to $688.7 million in 2024, then decreased by 1.52% to $678.3 million in 2025, then declined by 5.05% to $644.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $644.0 million in Q2 2026, $675.6 million in Q1 2026, and $678.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hinge Health | 7.41 Bn | 7.03 Bn | 183.95 Mn | 143.51 Mn |
| 2 | Hims & Hers Health | 6.47 Bn | 5.63 Bn | 480.80 Mn | 578.00 Mn |
| 3 | Ethos Technologies | 2.54 Bn | 2.37 Bn | 185.54 Mn | 171.44 Mn |
| 4 | Omada Health | 1.38 Bn | 1.16 Bn | 63.79 Mn | 60.24 Mn |
| 5 | Teladoc Health | 1.14 Bn | 366.41 Mn | 416.09 Mn | 644.02 Mn |
| 6 | Talkspace | 870.58 Mn | 779.48 Mn | 24.80 Mn | 63.79 Mn |
| 7 | Akso Health | 259.44 Mn | 259.25 Mn | - | - |
| 8 | LifeMD | 147.29 Mn | 147.29 Mn | - | - |
| 9 | eHealth | 31.71 Mn | -69.34 Mn | - | 61.02 Mn |
| 10 | Mangoceuticals | 7.39 Mn | 7.14 Mn | 44,215.00 | 1.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 644.02 Mn |
| Mar 31, 2026 | 675.61 Mn |
| Dec 31, 2025 | 678.27 Mn |
| Sep 30, 2025 | 678.40 Mn |
| Jun 30, 2025 | 686.29 Mn |
| Mar 31, 2025 | 749.98 Mn |
| Dec 31, 2024 | 688.71 Mn |
| Sep 30, 2024 | 684.91 Mn |
| Jun 30, 2024 | 1.48 Bn |
| Mar 31, 2024 | 733.25 Mn |
| Dec 31, 2023 | 695.61 Mn |
| Sep 30, 2023 | 724.96 Mn |
| Jun 30, 2023 | 724.05 Mn |
| Mar 31, 2023 | 706.35 Mn |
| Dec 31, 2022 | 4.45 Bn |
| Sep 30, 2022 | 683.13 Mn |
| Jun 30, 2022 | 3.69 Bn |
| Mar 31, 2022 | 7.23 Bn |
| Dec 31, 2021 | 595.66 Mn |
| Sep 30, 2021 | 582.23 Mn |