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Side-by-side financial comparison of Teladoc Health, Inc. (TDOC) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

Teladoc Health, Inc. is the larger business by last-quarter revenue ($613.8M vs $407.2M, roughly 1.5× Zurn Elkay Water Solutions Corp). Zurn Elkay Water Solutions Corp runs the higher net margin — 10.3% vs -10.4%, a 20.7% gap on every dollar of revenue. On growth, Zurn Elkay Water Solutions Corp posted the faster year-over-year revenue change (9.8% vs -2.5%). Over the past eight quarters, Zurn Elkay Water Solutions Corp's revenue compounded faster (4.4% CAGR vs -2.3%).

Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company headquartered in New York, New York, United States that was founded in 2002. Primary services include telehealth, medical opinions, AI and analytics, telehealth devices and licensable platform services. In particular, Teladoc Health uses telephone and videoconferencing software as well as mobile apps to provide on-demand remote medical care.

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

TDOC vs ZWS — Head-to-Head

Bigger by revenue
TDOC
TDOC
1.5× larger
TDOC
$613.8M
$407.2M
ZWS
Growing faster (revenue YoY)
ZWS
ZWS
+12.3% gap
ZWS
9.8%
-2.5%
TDOC
Higher net margin
ZWS
ZWS
20.7% more per $
ZWS
10.3%
-10.4%
TDOC
Faster 2-yr revenue CAGR
ZWS
ZWS
Annualised
ZWS
4.4%
-2.3%
TDOC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
TDOC
TDOC
ZWS
ZWS
Revenue
$613.8M
$407.2M
Net Profit
$-63.8M
$42.1M
Gross Margin
44.4%
Operating Margin
-10.1%
14.8%
Net Margin
-10.4%
10.3%
Revenue YoY
-2.5%
9.8%
Net Profit YoY
31.4%
15.7%
EPS (diluted)
$-0.36
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TDOC
TDOC
ZWS
ZWS
Q1 26
$613.8M
Q4 25
$642.3M
$407.2M
Q3 25
$626.4M
$455.4M
Q2 25
$631.9M
$444.5M
Q1 25
$629.4M
$388.8M
Q4 24
$640.5M
$370.7M
Q3 24
$640.5M
$410.0M
Q2 24
$642.4M
$412.0M
Net Profit
TDOC
TDOC
ZWS
ZWS
Q1 26
$-63.8M
Q4 25
$42.1M
Q3 25
$-49.5M
$61.8M
Q2 25
$-32.7M
$50.5M
Q1 25
$-93.0M
$43.6M
Q4 24
$36.4M
Q3 24
$-33.3M
$43.5M
Q2 24
$-837.7M
$46.0M
Gross Margin
TDOC
TDOC
ZWS
ZWS
Q1 26
Q4 25
44.4%
Q3 25
44.1%
Q2 25
45.5%
Q1 25
46.6%
Q4 24
43.5%
Q3 24
46.2%
Q2 24
45.2%
Operating Margin
TDOC
TDOC
ZWS
ZWS
Q1 26
-10.1%
Q4 25
-5.6%
14.8%
Q3 25
-8.3%
17.0%
Q2 25
-8.6%
17.5%
Q1 25
-19.2%
16.3%
Q4 24
-7.5%
13.3%
Q3 24
-6.9%
17.1%
Q2 24
-130.9%
17.5%
Net Margin
TDOC
TDOC
ZWS
ZWS
Q1 26
-10.4%
Q4 25
10.3%
Q3 25
-7.9%
13.6%
Q2 25
-5.2%
11.4%
Q1 25
-14.8%
11.2%
Q4 24
9.8%
Q3 24
-5.2%
10.6%
Q2 24
-130.4%
11.2%
EPS (diluted)
TDOC
TDOC
ZWS
ZWS
Q1 26
$-0.36
Q4 25
$-0.14
$0.24
Q3 25
$-0.28
$0.36
Q2 25
$-0.19
$0.29
Q1 25
$-0.53
$0.26
Q4 24
$-0.27
$0.21
Q3 24
$-0.19
$0.25
Q2 24
$-4.92
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TDOC
TDOC
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$750.7M
$300.5M
Total DebtLower is stronger
$496.5M
Stockholders' EquityBook value
$1.3B
$1.6B
Total Assets
$2.8B
$2.7B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TDOC
TDOC
ZWS
ZWS
Q1 26
$750.7M
Q4 25
$781.1M
$300.5M
Q3 25
$726.2M
$260.1M
Q2 25
$679.6M
$201.9M
Q1 25
$1.2B
$144.7M
Q4 24
$1.3B
$198.0M
Q3 24
$1.2B
$187.9M
Q2 24
$1.2B
$162.7M
Total Debt
TDOC
TDOC
ZWS
ZWS
Q1 26
Q4 25
$496.5M
Q3 25
$496.4M
Q2 25
$495.9M
Q1 25
$495.8M
Q4 24
$495.6M
Q3 24
$495.6M
Q2 24
$495.5M
Stockholders' Equity
TDOC
TDOC
ZWS
ZWS
Q1 26
$1.3B
Q4 25
$1.4B
$1.6B
Q3 25
$1.4B
$1.6B
Q2 25
$1.4B
$1.6B
Q1 25
$1.4B
$1.5B
Q4 24
$1.5B
$1.6B
Q3 24
$1.5B
$1.6B
Q2 24
$1.5B
$1.6B
Total Assets
TDOC
TDOC
ZWS
ZWS
Q1 26
$2.8B
Q4 25
$2.9B
$2.7B
Q3 25
$2.9B
$2.7B
Q2 25
$2.9B
$2.7B
Q1 25
$3.4B
$2.6B
Q4 24
$3.5B
$2.6B
Q3 24
$3.5B
$2.7B
Q2 24
$3.5B
$2.7B
Debt / Equity
TDOC
TDOC
ZWS
ZWS
Q1 26
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.31×
Q3 24
0.31×
Q2 24
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TDOC
TDOC
ZWS
ZWS
Operating Cash FlowLast quarter
$9.5M
$91.7M
Free Cash FlowOCF − Capex
$-26.3M
FCF MarginFCF / Revenue
-4.3%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
2.18×
TTM Free Cash FlowTrailing 4 quarters
$246.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TDOC
TDOC
ZWS
ZWS
Q1 26
$9.5M
Q4 25
$87.7M
$91.7M
Q3 25
$99.3M
$101.3M
Q2 25
$91.4M
$110.6M
Q1 25
$15.9M
$42.9M
Q4 24
$85.9M
$63.6M
Q3 24
$110.2M
$90.9M
Q2 24
$88.7M
$85.1M
Free Cash Flow
TDOC
TDOC
ZWS
ZWS
Q1 26
$-26.3M
Q4 25
$85.1M
Q3 25
$97.0M
Q2 25
$90.2M
Q1 25
$13.2M
Q4 24
$79.8M
Q3 24
$108.6M
Q2 24
$86.8M
FCF Margin
TDOC
TDOC
ZWS
ZWS
Q1 26
-4.3%
Q4 25
13.3%
Q3 25
15.5%
Q2 25
14.3%
Q1 25
2.1%
Q4 24
12.5%
Q3 24
17.0%
Q2 24
13.5%
Capex Intensity
TDOC
TDOC
ZWS
ZWS
Q1 26
0.3%
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.4%
Q4 24
1.0%
Q3 24
0.2%
Q2 24
0.3%
Cash Conversion
TDOC
TDOC
ZWS
ZWS
Q1 26
Q4 25
2.18×
Q3 25
1.64×
Q2 25
2.19×
Q1 25
0.98×
Q4 24
1.75×
Q3 24
2.09×
Q2 24
1.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TDOC
TDOC

U.S$491.5M80%
International$122.3M20%

ZWS
ZWS

Segment breakdown not available.

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