Medifast, Inc. (MED)

Medifast Balance Sheet

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

Fiscal Quarter	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	Q2 2021	Q1 2021	Q4 2020	Q3 2020
Period Ending	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	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Cash & Equivalents	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	191.99	206.03	163.72	156.49
Short-Term Investments	60.98	72.88	71.42	54.65	55.49	58.96	55.6	45.01	-	-	-	-	-	4.06	5.36	5.38	5.44	6.88	10.75	13.43
Cash & Short-Term Investments	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	197.43	212.91	174.48	169.92
Cash Growth	-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%	35.79%	102.27%	88.26%	75.33%
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	-	0.65
Inventory	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	95.79	62.23	53.39	41.74
Prepaid Expenses	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	11.1	6.63	6.45	5.16
Other Current Assets	4.51	-	-	8.23	8.73	5.47	8.73	-	-	-	-	0.15	8.55	-	0.95	-	-	-	-	-
Total Current Assets	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	304.32	281.86	234.31	217.46
Property, Plant & Equipment	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	55.44	40.73	38.14	38.29
Long-Term Deferred Tax Assets	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	0.69	0.69	0.69	2.04
Other Long-Term Assets	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	3.78	3.11	2.94	3
Total Assets	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	364.23	326.4	276.08	260.79
Accounts Payable	40.26	51.82	23.05	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	149.02	141.25	36.09	108.68
Accrued Expenses	-	-	23.3	-	-	-	36.48	-	-	-	49.03	-	-	-	67.18	-	-	-	50.15	-
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	27	-	-	-	-	-	-	-
Current Portion of Leases	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	4.96	3.65	3.67	3.31
Current Income Taxes Payable	-	2.63	1.49	-	-	-	-	1.42	4.3	13.03	0.43	-	-	-	-	-	-	-	-	-
Current Unearned Revenue	-	-	0.32	-	-	-	0.57	-	-	-	7.36	-	-	-	8.05	-	-	-	7.61	-
Other Current Liabilities	-	-	9.82	-	-	-	10.17	-	-	-	25.19	-	-	-	17.19	-	-	-	13.83	-
Total Current Liabilities	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	153.98	144.9	111.35	111.99
Long-Term Leases	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	15.57	6.6	7.49	8.79
Total Liabilities	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	169.55	151.5	118.84	120.78
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	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	10.61	8.71	7.84	5.14
Retained Earnings	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	185.34	178.56	154.35	139.77
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-6.4	-	-	-	-	-	-1.35	-12.5	-5	-5
Comprehensive Income & Other	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	0.08	0.1	0.04	0.1
Shareholders' Equity	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	194.69	174.89	157.25	140.01
Total Liabilities & Equity	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	364.23	326.4	276.08	260.79
Total Debt	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	20.52	10.25	11.16	12.1
Net Cash (Debt)	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	176.9	202.66	163.31	157.82
Net Cash Growth	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%	32.63%	119.20%	106.53%	86.68%
Net Cash Per Share	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	14.92	17.06	13.76	13.31
Filing Date Shares Outstanding	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	11.69	11.71	11.72	11.72
Total Common Shares Outstanding	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	11.69	11.71	11.72	11.72
Working Capital	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	150.34	136.96	122.96	105.48
Book Value Per Share	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	16.66	14.94	13.41	11.95
Tangible Book Value	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	194.69	174.89	157.25	140.01
Tangible Book Value Per Share	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	16.66	14.94	13.41	11.95
Land	-	-	0.35	-	-	-	0.57	-	-	-	0.57	-	-	-	0.57	-	-	-	0.57	-
Buildings	-	-	21.35	-	-	-	24.5	-	-	-	25.91	-	-	-	23.52	-	-	-	13.01	-
Machinery	-	-	44.97	-	-	-	50.44	-	-	-	49.38	-	-	-	42.85	-	-	-	21.1	-

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q