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Teladoc Health TDOC Operating margin

Operating margin at other companies

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LifeMD, Inc.LFMD
-9.8%-0.9pp
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AmazonAMZN
12.1%+0.7pp
American Well logo
American WellAMWL
-38.9%-11.3pp
Doximity logo
DoximityDOCS
29.6%-10.5pp
Omada Health logo
Omada HealthOMDA
-9.6%-4.0pp
Hinge Health logo
Hinge HealthHNGE
9.2%

Other financials

Income statement

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Revenue$606.9M-4.0%
Gross profit$416.1M-5.7%
Operating income-$37.1M+31.8%
Net income-$38.9M-19.1%
EPS (diluted)-$0.21-10.5%

Balance sheet

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Cash & equivalents$774.3M+13.9%
Total debt$1.0B+2,371%
Total equity$1.3B-7.9%
Total assets$2.8B-4.7%

Cash flow

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Operating cash flow$64.7M-29.3%
CapEx$928.0K-26.8%
Free cash flow$63.7M-29.3%

Valuation

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Market cap$1.21B-1.7%
Enterprise value$1.48B+147%
P/S0.5×0.0×

Profitability

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Gross margin69%-1.3pp
Net margin-7.1%-0.8pp
FCF margin10.2%-1.3pp

Returns & leverage

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Return on equity-13%-1.0pp
Debt / equity0.8×+0.8×
Current ratio0.8×-1.8×

Where this comes from

Calculated from Teladoc Health’s reported figures.

Based on trailing twelve months.

The source filing: Teladoc Health’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 9:54 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001477449-26-000038

FAQ

What is Teladoc Health's operating margin?
Teladoc Health (TDOC) reported operating margin of -7.5% in Q2 2026.
How has Teladoc Health's operating margin changed year-over-year?
Teladoc Health's operating margin increased by 28.7% year-over-year, from -10.5% to -7.5%.
What is the long-term trend for Teladoc Health's operating margin?
Over 5 years (2020 to 2025), Teladoc Health's operating margin has grown at a -25.8% compound annual growth rate (CAGR), from -46.3% to -10.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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