Teladoc Health (TDOC) Operating Expenses (2014 - 2026)
Teladoc Health recorded quarterly Operating Expenses of $675.6 million in Q1 2026, little changed quarter-over-quarter from $678.3 million in Q4 2025, and down 9.92% year-over-year from $750.0 million in Q1 2025.
Teladoc Health's Operating Expenses history runs 13 years deep, the most recent figure standing at $675.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 9.92% year-over-year to $675.6 million; the TTM figure through Mar 2026 stood at $2.7 billion (down 24.63% YoY), while the FY2025 annual figure was $2.8 billion, down 22.21% from the prior year.
- Operating Expenses came in at $675.6 million for Q1 2026 at Teladoc Health, roughly flat from $678.3 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 $675.6 million in Q1 2026.
- A 5-year average of $1.5 billion and a median of $706.3 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 1243.86% in 2022 and tumbled 90.24% in 2023, its largest moves.
- Teladoc Health's Operating Expenses stood at $4.5 billion in 2022, then plunged by 84.38% to $695.6 million in 2023, then retreated by 0.99% to $688.7 million in 2024, then slipped by 1.52% to $678.3 million in 2025, then decreased by 0.39% to $675.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $675.6 million, $678.3 million, and $678.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 675.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 582.09 Mn |
| Mar 31, 2021 | 538.35 Mn |
| Dec 31, 2020 | 841.83 Mn |
| Sep 30, 2020 | 308.54 Mn |
| Jun 30, 2020 | 248.21 Mn |
| Mar 31, 2020 | 201.81 Mn |
| Dec 31, 2019 | 172.08 Mn |
| Sep 30, 2019 | 157.91 Mn |
| Jun 30, 2019 | 152.30 Mn |
| Mar 31, 2019 | 151.46 Mn |
| Dec 31, 2018 | 140.58 Mn |
| Sep 30, 2018 | 126.74 Mn |
| Jun 30, 2018 | 112.71 Mn |
| Mar 31, 2018 | 108.74 Mn |
| Dec 31, 2017 | 40.49 Mn |
| Sep 30, 2017 | 40.43 Mn |
| Jun 30, 2017 | 25.52 Mn |
| Mar 31, 2017 | 21.00 Mn |
| Dec 31, 2016 | 19.25 Mn |
| Sep 30, 2016 | 24.36 Mn |
| Jun 30, 2016 | 16.87 Mn |
| Mar 31, 2016 | 16.86 Mn |
| Dec 31, 2015 | 16.55 Mn |
| Sep 30, 2015 | 14.03 Mn |
| Jun 30, 2015 | 13.63 Mn |
| Mar 31, 2015 | 14.87 Mn |
| Dec 31, 2014 | 7.91 Mn |
| Sep 30, 2014 | 6.71 Mn |
| Jun 30, 2014 | 6.10 Mn |