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LifeMD vs Teladoc Health: revenue, profit, margins and growth compared

LifeMD brought in $194.1M of revenue in fiscal 2025, Teladoc Health $2.5B in fiscal 2025. Revenue changed by +25.3% at LifeMD and -1.5% at Teladoc Health on the year before, so LifeMD grew faster. LifeMD kept 7.4% of its revenue as net profit, Teladoc Health -7.9%. Free cash flow was $6.4M at LifeMD and $285.5M at Teladoc Health.

Side by side, latest fiscal year

LFMDPTDOC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$194.1M$2.5B
Revenue growth+25.3%-1.5%
Net income$14.4M-$200.3M
Net margin7.4%-7.9%
Free cash flow$6.4M$285.5M
Free cash flow margin3.3%11.3%
Earnings per share (diluted)$0.25-$1.14
Cash$36.8M$781.1M
Debtn/an/a
Price to earnings92.6n/a
Market value$1.1B$1.1B
Dividend yieldn/an/a
Rank by revenue in sector#253 of 523 · Health care#96 of 523 · Health care

Over the years

Revenue
LFMDP FY2018: $8.3MLFMDP FY2019: $12.5MLFMDP FY2020: $37.3MLFMDP FY2021: $92.9MLFMDP FY2022: $119MLFMDP FY2023: $152.5MLFMDP FY2024: $154.8MLFMDP FY2025: $194.1MTDOC FY2018: $417.9MTDOC FY2019: $553.3MTDOC FY2020: $1.1BTDOC FY2021: $2BTDOC FY2022: $2.4BTDOC FY2023: $2.6BTDOC FY2024: $2.6BTDOC FY2025: $2.5BFY18FY19FY20FY21FY22FY23FY24FY25
LFMDP $194.1MTDOC $2.5B
Net income
LFMDP FY2018: -$1.2MLFMDP FY2019: -$3.1MLFMDP FY2020: -$58.6MLFMDP FY2021: -$60.9MLFMDP FY2022: -$45.5MLFMDP FY2023: -$20.6MLFMDP FY2024: -$21.4MLFMDP FY2025: $14.4MTDOC FY2018: -$97.1MTDOC FY2019: -$98.9MTDOC FY2020: -$485.1MTDOC FY2021: -$428.8MTDOC FY2022: -$13.7BTDOC FY2023: -$220.4MTDOC FY2024: -$1BTDOC FY2025: -$200.3MFY18FY19FY20FY21FY22FY23FY24FY25
LFMDP $14.4MTDOC -$200.3M
Net margin
LFMDP FY2018: -14.9%LFMDP FY2019: -25.2%LFMDP FY2020: -157.3%LFMDP FY2021: -65.6%LFMDP FY2022: -38.3%LFMDP FY2023: -13.5%LFMDP FY2024: -13.8%LFMDP FY2025: 7.4%TDOC FY2018: -23.2%TDOC FY2019: -17.9%TDOC FY2020: -44.3%TDOC FY2021: -21.1%TDOC FY2022: -567.5%TDOC FY2023: -8.5%TDOC FY2024: -39.0%TDOC FY2025: -7.9%FY18FY19FY20FY21FY22FY23FY24FY25
LFMDP 7.4%TDOC -7.9%
Revenue growth
LFMDP FY2019: +49.8%LFMDP FY2020: +199.1%LFMDP FY2021: +149.0%LFMDP FY2022: +28.2%LFMDP FY2023: +28.2%LFMDP FY2024: +1.5%LFMDP FY2025: +25.3%TDOC FY2019: +32.4%TDOC FY2020: +97.7%TDOC FY2021: +85.8%TDOC FY2022: +18.4%TDOC FY2023: +8.1%TDOC FY2024: -1.3%TDOC FY2025: -1.5%FY19FY20FY21FY22FY23FY24FY25
LFMDP +25.3%TDOC -1.5%
Free cash flow
LFMDP FY2021: -$33.3MLFMDP FY2022: -$23.3MLFMDP FY2023: $8.6MLFMDP FY2024: $16MLFMDP FY2025: $6.4MTDOC FY2018: -$8.9MTDOC FY2019: $26.4MTDOC FY2020: -$57.5MTDOC FY2021: $185.5MTDOC FY2022: $172.8MTDOC FY2023: $338.6MTDOC FY2024: $282.9MTDOC FY2025: $285.5MFY18FY19FY20FY21FY22FY23FY24FY25
LFMDP $6.4MTDOC $285.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about LifeMD and Teladoc Health

Which is bigger by revenue, LifeMD or Teladoc Health?

Teladoc Health is bigger by revenue: $2.5B in fiscal 2025, against $194.1M for LifeMD in fiscal 2025.

Which keeps more of its revenue as profit, LifeMD or Teladoc Health?

LifeMD had a net margin of 7.4% in fiscal 2025; Teladoc Health had -7.9% in fiscal 2025.

Which grew revenue faster, LifeMD or Teladoc Health?

In their latest fiscal years revenue changed by +25.3% at LifeMD and -1.5% at Teladoc Health.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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