LifeMD, Inc.LFMDEarnings & Financial Report
SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.
Revenue
$44.1M
Gross Profit
$39.5M
Operating Profit
$-6.2M
Net Profit
$-6.8M
Gross Margin
89.6%
Operating Margin
-14.0%
Net Margin
-15.3%
YoY Growth
33.3%
Financial Flow
LifeMD, Inc. Q1 2024 Financial Summary
LifeMD, Inc. reported revenue of $44.1M (up 33.3% YoY) for Q1 2024, with a net profit of $-6.8M (down 68.9% YoY) (-15.3% margin). Cost of goods sold was $4.6M, operating expenses totaled $45.7M.
Key Financial Metrics
| Total Revenue | $44.1M |
|---|---|
| Net Profit | $-6.8M |
| Gross Margin | 89.6% |
| Operating Margin | -14.0% |
| Report Period | Q1 2024 |
Revenue Breakdown
LifeMD, Inc. Q1 2024 revenue of $44.1M breaks down across 4 segments, led by Telehealth at $21.3M (48.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Telehealth | $21.3M | 48.2% |
| Work Simpli Revenue | $13.3M | 30.1% |
| Life MDPC Subscription Revenue | $7.6M | 17.2% |
| Medifast Collaboration Revenue | $2.0M | 4.5% |
LifeMD, Inc. Revenue by Segment — Quarterly Trend
LifeMD, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Telehealth and Work Simpli Revenue) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Telehealth | $19.0M | $20.0M | $19.4M | $22.4M |
| Work Simpli Revenue | — | $12.9M | $13.7M | $13.2M |
LifeMD, Inc. Annual Revenue by Year
LifeMD, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $194.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $194.1M |
| 2024 | $154.8M |
| 2023 | $152.5M |
| 2022 | $119.0M |
LifeMD, Inc. Quarterly Revenue & Net Profit History
LifeMD, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $7.1M | +5.0% | $20.0M | 282.0% |
| Q3 2025 | $60.2M | +13.0% | $-3.8M | -6.3% |
| Q2 2025 | $62.7M | +23.7% | $-1.6M | -2.6% |
| Q1 2025 | $64.1M | +45.3% | $-183.8K | -0.3% |
| Q4 2024 | $6.7M | -85.0% | $-3.1M | -46.1% |
| Q3 2024 | $53.3M | +38.0% | $-4.7M | -8.7% |
| Q2 2024 | $50.7M | +40.9% | $-6.9M | -13.6% |
| Q1 2024 | $44.1M | +33.3% | $-6.8M | -15.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.1M | $50.7M | $53.3M | $6.7M | $64.1M | $62.7M | $60.2M | $7.1M |
| YoY Growth | 33.3% | 40.9% | 38.0% | -85.0% | 45.3% | 23.7% | 13.0% | 5.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $61.5M | $63.8M | $72.6M | $76.1M | $73.6M | $73.6M | $66.0M | $70.4M |
| Liabilities | $60.2M | $65.9M | $78.5M | $83.7M | $74.0M | $73.2M | $62.6M | $47.3M |
| Equity | $-845303 | $-4.2M | $-7.7M | $-9.1M | $-2.3M | $-1.8M | $1.3M | $23.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $5.2M | $4.5M | $6.7M | $1.1M | $3.1M | $8.6M | $-147136 | $-3.3M |