Medifast, Inc. (MED)

Medifast Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Cash & Equivalents	71.91	71.53	89.3	99.53	101.69	91.72	90.93	115.31	108.02	97.47	94.44	112.75	147.41	123.75	87.69	69.71	61.07	118	104.18	154.52
Short-Term Investments	97.91	97.42	77.97	73.99	60.98	72.88	71.42	54.65	55.49	58.96	55.6	45.01	-	-	-	-	-	4.06	5.36	5.38
Cash & Short-Term Investments	169.82	168.95	167.27	173.51	162.67	164.59	162.34	169.96	163.51	156.43	150.04	157.76	147.41	123.75	87.69	69.71	61.07	122.06	109.54	159.9
Cash Growth (YoY)	4.39%	2.65%	3.04%	2.09%	-0.51%	5.22%	8.20%	7.73%	10.92%	26.41%	71.10%	126.31%	141.38%	1.38%	-19.95%	-56.40%	-69.07%	-42.67%	-37.21%	-5.90%
Inventory	21.18	21.4	20.23	23.21	30.2	39.36	42.42	40.1	39.6	46.27	54.59	58.23	68.9	96.9	118.86	145.28	156.97	188.97	180.04	129.61
Prepaid Expenses	5.77	6.97	9.07	6.82	9.05	9.57	9.64	6.7	12.48	11.41	10.67	8.29	12.52	9.67	16.24	14.45	16.71	13.23	16.33	11.54
Other Current Assets	5.26	5.32	5.12	4.3	4.51	-	-	8.23	8.73	5.47	8.73	-	-	-	-	0.15	8.55	-	0.95	-
Total Current Assets	202.03	202.63	201.68	207.84	206.44	213.52	214.4	224.98	224.32	219.58	224.03	224.28	228.82	230.32	222.78	229.58	243.3	324.26	306.87	301.05
Property, Plant & Equipment	52.29	42.56	38.46	41.24	43.45	46.32	48.68	51.29	53.34	65.52	67.11	69.17	71.11	73.05	75.65	77.93	79.89	80.75	80.59	63.19
Long-Term Deferred Tax Assets	-	-	-	12.11	11.46	11.44	11.46	4	4.11	4.01	4.12	10.83	4.53	4.53	5.33	6.15	4.4	4.4	4.4	0.69
Other Long-Term Assets	6.07	6.85	7.83	7.02	7.98	8.73	9.67	10.97	11.77	13.65	14.65	15.75	14.27	13.71	12.46	12.69	12.96	12.03	6.47	6.44
Total Assets	260.4	252.05	247.97	268.21	269.33	280.01	284.21	291.24	293.53	302.76	309.91	320.02	318.73	321.61	316.21	326.35	340.55	421.44	398.33	371.37

Liabilities

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Accounts Payable	36.41	38.26	38.36	41.24	40.26	51.82	56.49	66.27	69.15	71.23	39.19	103.22	105.19	113.3	53.12	148.13	154.78	174.37	70.89	155.51
Accrued Expenses	-	-	-	-	-	-	-	-	-	-	36.48	-	-	-	49.03	-	-	-	67.18	-
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	-	-	-
Current Portion of Leases	5.16	3.92	4.6	5.47	5.92	6.16	6.18	6.11	6.03	5.96	5.89	5.47	5.41	5.41	5.78	6.13	6.38	6.66	6.52	5.4
Current Income Taxes Payable	-	-	-	-	-	2.63	1.49	-	-	-	-	1.42	4.3	13.03	0.43	-	-	-	-	-
Current Unearned Revenue	-	-	-	-	-	-	-	-	-	-	0.57	-	-	-	7.36	-	-	-	8.05	-
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	10.17	-	-	-	25.19	-	-	-	17.19	-
Total Current Liabilities	41.56	42.18	42.96	46.71	46.18	60.6	64.16	72.38	75.18	77.19	92.3	110.11	114.9	131.74	140.89	154.26	188.16	181.03	169.83	160.91
Long-Term Leases	22.46	12.18	6.09	6.79	7.14	8.45	9.94	11.52	13.07	14.61	16.13	16.87	18.27	18.96	20.28	21.57	22.91	24.38	26.02	14.22
Total Liabilities	64.02	54.37	49.05	53.5	53.33	69.05	74.1	83.9	88.25	91.8	108.43	126.98	133.16	150.71	161.17	175.83	211.07	205.41	195.85	175.13

Shareholders' Equity

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	43.31	41.49	40.41	38.23	37.32	34.7	33.14	31.01	30.4	27.96	26.57	24.11	21.54	19.03	21.56	18.62	-	12.83	12.02	12.95
Retained Earnings	153.05	156.15	158.27	176.24	178.49	176.01	176.78	175.98	174.85	182.97	174.65	168.78	163.89	151.83	139.85	131.5	129.2	203.05	190.33	183.16
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6.4	-	-	-	-	-
Comprehensive Income & Other	0.01	0.03	0.23	0.22	0.18	0.24	0.18	0.35	0.03	0.02	0.25	0.14	0.12	0.03	0.02	0.39	0.27	0.13	0.11	0.12
Shareholders' Equity	196.38	197.68	198.92	214.71	216.01	210.96	210.11	207.34	205.28	210.96	201.48	193.04	185.56	170.9	155.04	150.52	129.48	216.02	202.47	196.24
Total Liabilities & Equity	260.4	252.05	247.97	268.21	269.33	280.01	284.21	291.24	293.53	302.76	309.91	320.02	318.73	321.61	316.21	326.35	340.55	421.44	398.33	371.37

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Total Debt	27.62	16.1	10.69	12.26	13.07	14.61	16.13	17.63	19.1	20.57	22.01	22.34	23.67	24.38	26.05	27.7	56.29	31.04	32.54	19.62
Net Cash (Debt)	142.2	152.85	156.58	161.25	149.61	149.98	146.22	152.33	144.41	135.86	128.03	135.42	123.73	99.37	61.64	42.01	4.78	91.02	77	140.27
Net Cash Growth (YoY)	-4.95%	1.91%	7.08%	5.86%	3.60%	10.40%	14.21%	12.49%	16.71%	36.72%	107.70%	222.34%	2490.14%	9.18%	-19.95%	-70.05%	-97.30%	-55.09%	-52.85%	-11.12%
Net Cash Per Share	12.77	13.89	14.25	14.67	13.53	13.70	13.31	13.88	13.20	12.40	11.71	12.39	11.33	9.12	5.61	3.80	0.42	7.82	6.58	11.90
Filing Date Shares Outstanding	10.34	10.25	10.31	10.28	10.27	10.34	10.66	10.65	10.65	10.7	10.78	10.78	10.77	10.78	10.78	10.86	10.96	11.47	11.5	11.57
Total Common Shares Outstanding	10.34	10.25	10.31	10.28	10.27	10.34	10.66	10.65	10.65	10.7	10.78	10.78	10.77	10.78	10.81	10.87	10.96	11.51	11.55	11.58
Working Capital	160.47	160.45	158.72	161.13	160.26	152.93	150.24	152.6	149.14	142.4	131.73	114.16	113.92	98.58	81.89	75.33	55.14	143.23	137.03	140.14
Book Value Per Share	18.99	19.28	19.29	20.89	21.03	20.40	19.71	19.47	19.27	19.73	18.69	17.91	17.23	15.85	14.34	13.85	11.82	18.77	17.53	16.95
Tangible Book Value	196.38	197.68	198.92	214.71	216.01	210.96	210.11	207.34	205.28	210.96	201.48	193.04	185.56	170.9	155.04	150.52	129.48	216.02	202.47	196.24
Tangible Book Value Per Share	18.99	19.28	19.29	20.89	21.03	20.40	19.71	19.47	19.27	19.73	18.69	17.91	17.23	15.85	14.34	13.85	11.82	18.77	17.53	16.95
Land	-	-	0.35	-	-	-	0.35	-	-	-	0.57	-	-	-	0.57	-	-	-	0.57	-
Buildings	-	-	21.74	-	-	-	21.35	-	-	-	24.5	-	-	-	25.91	-	-	-	23.52	-
Machinery	-	-	46.15	-	-	-	44.97	-	-	-	50.44	-	-	-	49.38	-	-	-	42.85	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error