Teladoc Health (TDOC) Research & Development (2014 - 2026)
Teladoc Health (TDOC) recorded Research & Development of $62.86 million in Q2 2026, down 8.6% from $68.78 million a year earlier and down 7.4% from the prior quarter.
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Analysis
Teladoc Health (TDOC) Research & Development (2014 - 2026) Analysis & Trends
On a TTM basis, Teladoc Health's Research & Development came in at $269.91 million as of Jun 30, 2026, down 6.2% year-over-year; for FY2025, it came in at $277.92 million, down 9.6% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $307.27 million in FY2024 (-11.8%), $348.52 million in FY2023 (+4.5%), $333.63 million in FY2022 (+7.0%) and $311.88 million in FY2021 (+89.1%).
- The Q2 2026 figure is the lowest quarterly Research & Development since Q3 2020.
- On a year-over-year basis, Research & Development has declined for ten consecutive quarters, with an average decline of 9.8% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 167.9% in Q3 2021, against a decline of 21.4% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $67.87 million (Q1 2026), $71.61 million (Q4 2025) and $67.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | Teladoc Health | 1.07 Bn | -1.96 Bn | 416.09 Mn | 62.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.86 Mn |
| Mar 31, 2026 | 67.87 Mn |
| Dec 31, 2025 | 71.61 Mn |
| Sep 30, 2025 | 67.57 Mn |
| Jun 30, 2025 | 68.78 Mn |
| Mar 31, 2025 | 69.96 Mn |
| Dec 31, 2024 | 76.75 Mn |
| Sep 30, 2024 | 72.38 Mn |
| Jun 30, 2024 | 76.75 Mn |
| Mar 31, 2024 | 81.39 Mn |
| Dec 31, 2023 | 89.94 Mn |
| Sep 30, 2023 | 84.29 Mn |
| Jun 30, 2023 | 87.31 Mn |
| Mar 31, 2023 | 86.99 Mn |
| Dec 31, 2022 | 82.93 Mn |
| Sep 30, 2022 | 84.59 Mn |
| Jun 30, 2022 | 78.70 Mn |
| Mar 31, 2022 | 87.41 Mn |
| Dec 31, 2021 | 72.87 Mn |
| Sep 30, 2021 | 80.25 Mn |
API Access
Teladoc Health Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TDOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TDOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TDOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();