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SBC Medical vs Teladoc Health: revenue, profit, margins and growth compared

SBC Medical brought in $173.6M of revenue in fiscal 2025, Teladoc Health $2.5B in fiscal 2025. Revenue changed by -15.5% at SBC Medical and -1.5% at Teladoc Health on the year before, so Teladoc Health grew faster. SBC Medical kept 29.4% of its revenue as net profit, Teladoc Health -7.9%. Free cash flow was $23.3M at SBC Medical and $285.5M at Teladoc Health.

Side by side, latest fiscal year

SBCTDOC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$173.6M$2.5B
Revenue growth-15.5%-1.5%
Net income$51M-$200.3M
Net margin29.4%-7.9%
Free cash flow$23.3M$285.5M
Free cash flow margin13.4%11.3%
Earnings per share (diluted)$0.50-$1.14
Cash$163.8M$781.1M
Debt$42.8Mn/a
Price to earnings9.8n/a
Market value$504M$1.1B
Dividend yieldn/an/a
Rank by revenue in sector#266 of 523 · Health care#96 of 523 · Health care

Over the years

Revenue
SBC FY2023: $193.5MSBC FY2024: $205.4MSBC FY2025: $173.6MTDOC FY2018: $417.9MTDOC FY2019: $553.3MTDOC FY2020: $1.1BTDOC FY2021: $2BTDOC FY2022: $2.4BTDOC FY2023: $2.6BTDOC FY2024: $2.6BTDOC FY2025: $2.5BFY18FY19FY20FY21FY22FY23FY24FY25
SBC $173.6MTDOC $2.5B
Net income
SBC FY2023: $39.4MSBC FY2024: $46.6MSBC FY2025: $51MTDOC FY2018: -$97.1MTDOC FY2019: -$98.9MTDOC FY2020: -$485.1MTDOC FY2021: -$428.8MTDOC FY2022: -$13.7BTDOC FY2023: -$220.4MTDOC FY2024: -$1BTDOC FY2025: -$200.3MFY18FY19FY20FY21FY22FY23FY24FY25
SBC $51MTDOC -$200.3M
Net margin
SBC FY2023: 20.3%SBC FY2024: 22.7%SBC FY2025: 29.4%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
SBC 29.4%TDOC -7.9%
Revenue growth
SBC FY2024: +6.1%SBC FY2025: -15.5%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
SBC -15.5%TDOC -1.5%
Free cash flow
SBC FY2023: $42.1MSBC FY2024: $18MSBC FY2025: $23.3MTDOC FY2018: -$8.9MTDOC FY2019: $26.4MTDOC FY2020: -$57.5MTDOC FY2021: $185.5MTDOC FY2022: $172.8MTDOC FY2023: $338.6MTDOC FY2024: $282.9MTDOC FY2025: $285.5MFY18FY19FY20FY21FY22FY23FY24FY25
SBC $23.3MTDOC $285.5M

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

Questions about SBC Medical and Teladoc Health

Which is bigger by revenue, SBC Medical or Teladoc Health?

Teladoc Health is bigger by revenue: $2.5B in fiscal 2025, against $173.6M for SBC Medical in fiscal 2025.

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

SBC Medical had a net margin of 29.4% in fiscal 2025; Teladoc Health had -7.9% in fiscal 2025.

Which grew revenue faster, SBC Medical or Teladoc Health?

In their latest fiscal years revenue changed by -15.5% at SBC Medical 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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