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

Teladoc Health has disclosed Operating Margin across 13 years of filings, most recently posting 10.06% for Q1 2026.

• Operating Margin for Q1 2026 came in at 10.06%, up 910.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.12% (up 3318.0% YoY), and the FY2025 annual result was 10.39%, up 2934.0% from the prior year.
• Operating Margin came in at 10.06% for Q1 2026 at Teladoc Health, down from 5.6% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 5.31% in Q4 2023 to a low of 1179.69% in Q1 2022.
• The 5-year median for Operating Margin is 10.98% (2023), against an average of 150.67%.
• Across the five-year window, Operating Margin tumbled 116103 bps in 2022 and surged 116744 bps in 2023, its largest moves.
• Teladoc Health's Operating Margin stood at 598.32% in 2022, then soared by 99 bps to 5.31% in 2023, then tumbled by 42 bps to 7.53% in 2024, then grew by 26 bps to 5.6% in 2025, then tumbled by 80 bps to 10.06% in 2026.
• The last three Operating Margin figures came in at 10.06% (Q1 2026), 5.6% (Q4 2025), and 8.29% (Q3 2025), per Business Quant data.