Growth Metrics

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 🔒
DateValue
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