MEDIFAST INCMEDEarnings & Financial Report
NYSE
Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.
MED Q4 2025 Key Financial Metrics
Revenue
$75.1M
Gross Profit
$52.1M
Operating Profit
$-7.8M
Net Profit
$-18.1M
Gross Margin
69.4%
Operating Margin
-10.4%
Net Margin
-24.1%
YoY Growth
-36.9%
EPS
$-1.64
Financial Flow
MEDIFAST INC Q4 2025 Financial Summary
MEDIFAST INC reported revenue of $75.1M for Q4 2025, with a net profit of $-18.1M (-24.1% margin). Cost of goods sold was $23.0M, operating expenses totaled $59.9M.
Key Financial Metrics
| Total Revenue | $75.1M |
|---|---|
| Net Profit | $-18.1M |
| Gross Margin | 69.4% |
| Operating Margin | -10.4% |
| Report Period | Q4 2025 |
MEDIFAST INC Annual Revenue by Year
MEDIFAST INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $385.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $385.8M |
| 2024 | $602.5M |
| 2023 | $1.1B |
| 2022 | $1.6B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $174.7M | $168.6M | $140.2M | $119.0M | $115.7M | $105.6M | $89.4M | $75.1M |
| YoY Growth | -49.9% | -43.1% | -40.6% | -37.7% | -33.8% | -37.4% | -36.2% | -36.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $302.8M | $293.5M | $291.2M | $284.2M | $280.0M | $269.3M | $268.2M | $248.0M |
| Liabilities | $91.8M | $88.2M | $83.9M | $74.1M | $69.1M | $53.3M | $53.5M | $49.1M |
| Equity | $211.0M | $205.3M | $207.3M | $210.1M | $211.0M | $216.0M | $214.7M | $198.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.3M | $13.1M | $9.1M | $-4.9M | $3.4M | $-3.4M | $12.1M | $-5.3M |