Teladoc Health (TDOC) Research & Development (2014 - 2026)
Teladoc Health (TDOC) reported Research & Development of $67.9 million for Q1 2026, down 2.99% on a YoY basis from $70.0 million in Q1 2025, and down 5.23% sequentially from $71.6 million in Q4 2025.
Teladoc Health (TDOC) Research & Development (2014 - 2026) Analysis & Trends
Teladoc Health (TDOC) has 13 years of Research & Development data on file, last reported at $67.9 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 2.99% year-over-year to $67.9 million; the trailing twelve-month figure through Mar 2026 stood at $275.8 million (down 6.77% YoY), and the FY2025 full-year result was $277.9 million, down 9.55% from the prior year.
- Research & Development retreated to $67.9 million in Q1 2026, from $71.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $89.9 million in Q4 2023 to a low of $67.6 million in Q3 2025.
- A 5-year average of $78.5 million and a median of $78.7 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development grew 13.81% in 2022 and slipped 14.66% in 2024, its largest moves.
- Tracing TDOC's Research & Development over 5 years: stood at $82.9 million in 2022, then climbed by 8.45% to $89.9 million in 2023, then retreated by 14.66% to $76.8 million in 2024, then slipped by 6.7% to $71.6 million in 2025, then slipped by 5.23% to $67.9 million in 2026.
- Business Quant data shows TDOC's Research & Development at $67.9 million in Q1 2026, $71.6 million in Q4 2025, and $67.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 56.85 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 30.34 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 8.13 Mn |
| 10 | Teladoc Health | 1.55 Bn | 798.67 Mn | 416.32 Mn | 67.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 80.76 Mn |