Teladoc Health, Inc.

NYSE•TDOC

CEO: Ms. Mala Murthy

Sector: Healthcare

Industry: Medical - Healthcare Information Services

Listing Date: 2015-06-30

Teladoc Health, Inc. provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems. The BetterHelp segment operates a mental health platform that provides online counseling and therapy services through website, mobile applications, phones, and text-based interactions by its licensed clinicians. The company offers its products and services under the Teladoc, Livongo, and BetterHelp brands. It serves employers, health plans, hospitals and health systems, and insurance and financial services companies, as well as individual members. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was incorporated in 2002 and is headquartered in Purchase, New York.

Contact Information

2 Manhattanville Road, Suite 203, Purchase, NY, 10577, United States

203-635-2002

www.teladochealth.com

Market Cap

$957.99M

P/E (TTM)

-4.7

26.6

Dividend Yield

52W High

$9.77

52W Low

$4.40

52W Range

18%

Rank66Top 96.8%

1.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 1.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$642.27M+0.00%

4-Quarter Trend

EPS

-$0.14+0.00%

4-Quarter Trend

FCF

$85.12M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Loss Significantly Narrowed Net loss improved by $800.9M to $200.3M in 2025; prior year loss included $790.0M goodwill charge.

Integrated Care Membership Growth U.S. Integrated Care members grew 9% to 101.8 million individuals accessing services by year-end 2025.

Goodwill Impairment Reduction Goodwill impairment charge fell 91% to $71.8M in 2025, compared to $790.0M recognized in 2024.

International Revenue Expansion Total revenue decreased 2% to $2.53B; International Revenue increased 12% driven by segment expansion.

Risk Factors

History of Cumulative Losses Company maintains cumulative losses of $16.43B as of December 31, 2025; sustained profitability remains uncertain.

Key Client Concentration Risk Top five Clients accounted for 19% of total revenue; loss of key Integrated Care partners impacts growth rate.

BetterHelp User Base Decline BetterHelp paying users declined 5% to 0.39 million globally in 2025, constraining segment revenue growth potential.

Evolving Regulatory Environment Operations face evolving comprehensive U.S. and international regulatory scrutiny regarding telehealth and data privacy compliance.

Outlook

Enhancing Integrated Care Platform Strategy focuses on enhancing Prism platform using AI/ML to drive greater value for Integrated Care Clients.

Expanding Mental Health Coverage Continue leveraging scaled mental health position, expanding insurance coverage acceptance for BetterHelp services nationwide.

2026 Restructuring Cost Expectation Expect to incur $15.0M to $20.0M in pre-tax restructuring costs during 2026 for efficiency drive.

Continued Investment in Innovation Intend to invest in new expansions and innovation within broader virtual care solution set for member growth.

Peer Comparison

Revenue (TTM)

TDOC

$2.53B

-1.5%

GRDN

$1.45B

+17.9%

PGNY

$1.29B

+10.4%

Gross Margin (Latest Quarter)

NVCR

75.8%

-3.9pp

TDOC

69.3%

-1.8pp

PHR

68.4%

+0.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
EWTX	$3.17B	-18.2	-32.0%	0.7%
TXG	$2.40B	-54.8	-5.7%	15.1%
GRDN	$2.06B	41.9	27.1%	10.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.7%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 28, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data