Medifast, Inc. (MED)
NYSE: MED · Real-Time Price · USD
12.15
-0.11 (-0.90%)
At close: Oct 30, 2026, 4:00 PM EDT
12.17
+0.02 (0.16%)
After-hours: Oct 30, 2026, 7:30 PM EDT
Medifast Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 72.05 | 76.38 | 76.04 | 75.1 | 89.41 | 105.56 | 115.73 | 119 | 140.16 | 168.56 | 174.74 | 191.02 | 235.87 | 296.19 | 348.98 | 337.25 | 390.4 | 453.33 | 417.6 | 377.83 | |
Revenue Growth (YoY) | -19.42% | -27.64% | -34.29% | -36.90% | -36.21% | -37.38% | -33.77% | -37.70% | -40.58% | -43.09% | -49.93% | -43.36% | -39.58% | -34.66% | -16.43% | -10.74% | -5.56% | 15.00% | 22.58% | 42.63% |
Cost of Revenue | 22.01 | 22.99 | 24.29 | 22.96 | 27.25 | 28.91 | 31.48 | 30.78 | 34.49 | 45.12 | 47.45 | 49.65 | 58.49 | 85.47 | 102.59 | 91.45 | 107.55 | 131.65 | 115.31 | 99.55 |
Gross Profit | 50.04 | 53.4 | 51.76 | 52.14 | 62.16 | 76.64 | 84.25 | 88.22 | 105.67 | 123.44 | 127.29 | 141.37 | 177.38 | 210.72 | 246.39 | 245.79 | 282.85 | 321.68 | 302.29 | 278.29 |
Selling, General & Admin | 66.6 | 57.72 | 56.14 | 58.94 | 65.14 | 77.71 | 84.41 | 73.71 | 102.47 | 130.21 | 118.35 | 131.49 | 150.57 | 170.91 | 191.88 | 199.8 | 233.59 | 271.52 | 246.3 | 230.35 |
Research & Development | 2.8 | - | 1.1 | 1 | 1.1 | - | 1.1 | 1.3 | 1.1 | 1.1 | 1 | 1.2 | 1.3 | 1.1 | 1 | 1.2 | 1.1 | 1.2 | 0.9 | 1.1 |
Operating Expenses | 69.4 | 57.72 | 57.24 | 59.94 | 66.24 | 77.71 | 85.51 | 75.01 | 103.57 | 131.31 | 119.35 | 132.69 | 151.87 | 172.01 | 192.88 | 201 | 234.69 | 272.72 | 247.2 | 231.45 |
Operating Income | -19.36 | -4.33 | -5.48 | -7.8 | -4.08 | -1.07 | -1.26 | 13.21 | 2.11 | -7.88 | 7.94 | 8.68 | 25.51 | 38.71 | 53.51 | 44.79 | 48.16 | 48.96 | 55.09 | 46.84 |
Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.18 | -0.18 | -0.26 | -0.16 | -0.1 | -0.09 |
Interest & Investment Income | 1.51 | 1.35 | 1.38 | 1.42 | 1.43 | 1.37 | 1.3 | 0.95 | 1.33 | 1.3 | 1.22 | 1.18 | 1.03 | 0.46 | - | - | - | - | - | - |
Other Non Operating Income (Expenses) | 0.02 | -0.01 | 0.02 | 0 | -0 | 2.57 | -0.14 | -0.39 | -1.86 | -4.07 | 2.42 | -0.05 | 0.01 | -0.05 | -0 | -0.01 | -0.02 | -0 | -0.02 | 0.01 |
EBT Excluding Unusual Items | -17.84 | -2.99 | -4.08 | -6.38 | -2.66 | 2.88 | -0.1 | 13.78 | 1.58 | -10.65 | 11.59 | 9.8 | 26.55 | 39.12 | 53.33 | 44.6 | 47.88 | 48.8 | 54.98 | 46.75 |
Merger & Restructuring Charges | - | - | - | - | - | - | - | -12.5 | - | - | - | - | - | - | - | -12.2 | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | -0.04 | - | - | - | 0.63 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | 2.18 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pretax Income | -17.84 | -2.99 | -1.94 | -6.38 | -2.66 | 2.88 | 0.53 | 1.28 | 1.58 | -10.65 | 11.59 | 9.8 | 26.55 | 39.12 | 53.33 | 32.41 | 47.88 | 48.8 | 54.98 | 46.75 |
Income Tax Expense | -0.32 | 0.11 | 0.18 | 11.74 | -0.4 | 0.4 | 1.3 | 0.47 | 0.45 | -2.5 | 3.27 | 3.77 | 3.42 | 8.84 | 13.36 | 5.89 | 11.72 | 9.68 | 13.2 | 12.73 |
Earnings From Continuing Operations | -17.51 | -3.1 | -2.12 | -18.12 | -2.26 | 2.48 | -0.77 | 0.8 | 1.13 | -8.15 | 8.32 | 6.04 | 23.13 | 30.28 | 39.97 | 26.52 | 36.16 | 39.11 | 41.78 | 34.02 |
Net Income | -17.51 | -3.1 | -2.12 | -18.12 | -2.26 | 2.48 | -0.77 | 0.8 | 1.13 | -8.15 | 8.32 | 6.04 | 23.13 | 30.28 | 39.97 | 26.52 | 36.16 | 39.11 | 41.78 | 34.02 |
Net Income to Common | -17.51 | -3.1 | -2.12 | -18.12 | -2.26 | 2.48 | -0.77 | 0.8 | 1.13 | -8.15 | 8.32 | 6.04 | 23.13 | 30.28 | 39.97 | 26.52 | 36.16 | 39.11 | 41.78 | 34.02 |
Net Income Growth (YoY) | - | - | - | - | - | - | - | -86.73% | -95.12% | - | -79.19% | -77.24% | -36.02% | -22.58% | -4.34% | -22.06% | -13.88% | -16.71% | 1.75% | 21.54% |
Shares Outstanding (Basic) | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 |
Shares Outstanding (Diluted) | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 |
Shares Change (YoY) | 1.73% | 0.68% | 0.53% | 0.07% | 0.18% | 1.13% | -0.09% | 0.44% | 0.35% | 0.18% | 0.54% | -0.53% | -0.99% | -4.53% | -6.35% | -6.04% | -6.30% | -3.57% | -2.04% | -1.45% |
EPS (Basic) | -1.57 | -0.28 | -0.19 | -1.65 | -0.21 | 0.23 | -0.07 | 0.07 | 0.10 | -0.75 | 0.76 | 0.55 | 2.12 | 2.78 | 3.68 | 2.43 | 3.30 | 3.44 | 3.62 | 2.93 |
EPS (Diluted) | -1.57 | -0.28 | -0.19 | -1.65 | -0.21 | 0.22 | -0.07 | 0.07 | 0.10 | -0.75 | 0.76 | 0.55 | 2.12 | 2.77 | 3.67 | 2.41 | 3.27 | 3.42 | 3.59 | 2.91 |
EPS Growth (YoY) | - | - | - | - | - | - | - | -87.20% | -95.28% | - | -79.29% | -77.29% | -35.17% | -19.01% | 2.23% | -17.42% | -8.15% | -13.64% | 3.76% | 23.37% |
Additional Metrics
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2.87 | 0.73 | -0.84 | -6.63 | 10.75 | -4.76 | 1.88 | -7.23 | 7.68 | 11.13 | 5.44 | 9.58 | 28.25 | 41.4 | 61.94 | 42.68 | 53.63 | 40.92 | 40.66 | -19.08 |
Free Cash Flow Per Share | 0.26 | 0.07 | -0.08 | -0.60 | 0.98 | -0.43 | 0.17 | -0.66 | 0.70 | 1.02 | 0.50 | 0.88 | 2.58 | 3.79 | 5.68 | 3.88 | 4.86 | 3.58 | 3.49 | -1.63 |
Dividend Per Share | - | - | - | - | - | - | - | - | - | - | - | - | 1.650 | 1.650 | 1.650 | 1.640 | 1.640 | 1.640 | 1.640 | 1.420 |
Dividend Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.61% | 0.61% | 15.49% | 15.49% | 15.49% | 15.49% | 25.66% |
Gross Margin | 69.45% | 69.91% | 68.06% | 69.43% | 69.52% | 72.61% | 72.80% | 74.13% | 75.39% | 73.23% | 72.85% | 74.01% | 75.20% | 71.14% | 70.60% | 72.88% | 72.45% | 70.96% | 72.39% | 73.65% |
Operating Margin | -26.87% | -5.67% | -7.21% | -10.39% | -4.56% | -1.01% | -1.09% | 11.10% | 1.50% | -4.67% | 4.54% | 4.54% | 10.81% | 13.07% | 15.33% | 13.28% | 12.34% | 10.80% | 13.19% | 12.40% |
Profit Margin | -24.30% | -4.06% | -2.79% | -24.13% | -2.53% | 2.35% | -0.67% | 0.67% | 0.80% | -4.84% | 4.76% | 3.16% | 9.81% | 10.22% | 11.45% | 7.86% | 9.26% | 8.63% | 10.01% | 9.01% |
Free Cash Flow Margin | 3.98% | 0.95% | -1.10% | -8.83% | 12.02% | -4.51% | 1.63% | -6.08% | 5.48% | 6.60% | 3.11% | 5.01% | 11.98% | 13.98% | 17.75% | 12.65% | 13.74% | 9.03% | 9.74% | -5.05% |
EBITDA | -17 | -0.88 | -2 | -4.34 | -0.63 | 2.98 | 2.02 | 16.4 | 5.3 | -4.81 | 11.2 | 12.03 | 28.92 | 42.07 | 56.49 | 47.75 | 51.01 | 51.7 | 57.53 | 49.88 |
EBITDA Margin | -23.59% | -1.15% | -2.63% | -5.78% | -0.70% | 2.82% | 1.74% | 13.78% | 3.78% | -2.85% | 6.41% | 6.30% | 12.26% | 14.21% | 16.19% | 14.16% | 13.06% | 11.40% | 13.78% | 13.20% |
D&A For EBITDA | 2.36 | 3.45 | 3.48 | 3.47 | 3.45 | 4.05 | 3.28 | 3.19 | 3.19 | 3.07 | 3.26 | 3.35 | 3.41 | 3.37 | 2.97 | 2.95 | 2.85 | 2.73 | 2.44 | 3.05 |
EBIT | -19.36 | -4.33 | -5.48 | -7.8 | -4.08 | -1.07 | -1.26 | 13.21 | 2.11 | -7.88 | 7.94 | 8.68 | 25.51 | 38.71 | 53.51 | 44.79 | 48.16 | 48.96 | 55.09 | 46.84 |
EBIT Margin | -26.87% | -5.67% | -7.21% | -10.39% | -4.56% | -1.01% | -1.09% | 11.10% | 1.50% | -4.67% | 4.54% | 4.54% | 10.81% | 13.07% | 15.33% | 13.28% | 12.34% | 10.80% | 13.19% | 12.40% |
Effective Tax Rate | - | - | - | - | - | 13.74% | 246.77% | 37.18% | 28.45% | - | 28.22% | 38.43% | 12.87% | 22.59% | 25.05% | 18.18% | 24.48% | 19.84% | 24.00% | 27.22% |
Advertising Expenses | 0.1 | 0.2 | 0.2 | - | 0.7 | 1.6 | 4.6 | - | 4.6 | 2.8 | 2.5 | - | - | - | - | - | - | - | - | - |