Medifast Operating Income Growth & History (MED)
Medifast's operating income was −$14.2M for fiscal 2025.
View full Medifast company overviewMedifast annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$14.2M | −$17.1M | — |
| 2024 | 2024-12-31 | $2.9M | −$123.5M | −97.72% |
| 2023 | 2023-12-31 | $126.4M | −$58.4M | −31.60% |
| 2022 | 2022-12-31 | $184.8M | −$31.4M | −14.54% |
| 2021 | 2021-12-31 | $216.2M | $82.1M | +61.18% |
| 2020 | 2020-12-31 | $134.2M | $43.1M | +47.36% |
| 2019 | 2019-12-31 | $91.0M | $22.0M | +31.82% |
| 2018 | 2018-12-31 | $69.1M | $29.4M | +74.26% |
| 2017 | 2017-12-31 | $39.6M | $12.8M | +47.56% |
| 2016 | 2016-12-31 | $26.9M | −$1.8M | −6.36% |
| 2015 | 2015-12-31 | $28.7M | −$1.6M | −5.16% |
| 2014 | 2014-12-31 | $30.2M | −$8.2M | −21.25% |
| 2013 | 2013-12-31 | $38.4M | $11.3M | +41.53% |
| 2012 | 2012-12-31 | $27.1M | −$242,000 | −0.88% |
| 2011 | 2011-12-31 | $27.4M | −$4.3M | −13.46% |
| 2010 | 2010-12-31 | $31.6M | $13.1M | +71.05% |
| 2009 | 2009-12-31 | $18.5M | — | — |
Medifast quarterly operating income
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$4.3M | −$3.3M | — |
| Q1 2026 | 2026-03-31 | −$3.3M | −$2.0M | — |
| Q4 2025 | 2025-12-31 | −$7.8M | −$8.5M | — |
| Q3 2025 | 2025-09-30 | −$4.1M | −$6.2M | — |
| Q2 2025 | 2025-06-30 | −$1.1M | $6.8M | — |
| Q1 2025 | 2025-03-31 | −$1.3M | −$9.2M | — |
| Q4 2024 | 2024-12-31 | $708,000 | −$8.0M | −91.84% |
| Q3 2024 | 2024-09-30 | $2.1M | −$23.4M | −91.74% |
| Q2 2024 | 2024-06-30 | −$7.9M | −$46.6M | — |
| Q1 2024 | 2024-03-31 | $7.9M | −$45.6M | −85.16% |
| Q4 2023 | 2023-12-31 | $8.7M | −$23.9M | −73.39% |
| Q3 2023 | 2023-09-30 | $25.5M | −$22.6M | −47.03% |
| Q2 2023 | 2023-06-30 | $38.7M | −$10.3M | −20.95% |
| Q1 2023 | 2023-03-31 | $53.5M | −$1.6M | −2.86% |
| Q4 2022 | 2022-12-31 | $32.6M | −$14.2M | −30.40% |
| Q3 2022 | 2022-09-30 | $48.2M | −$7.0M | −12.72% |
| Q2 2022 | 2022-06-30 | $49.0M | −$12.5M | −20.30% |
| Q1 2022 | 2022-03-31 | $55.1M | $2.3M | +4.33% |
| Q4 2021 | 2021-12-31 | $46.8M | $8.9M | +23.36% |
| Q3 2021 | 2021-09-30 | $55.2M | $10.6M | +23.82% |
| Q2 2021 | 2021-06-30 | $61.4M | $33.3M | +118.63% |
| Q1 2021 | 2021-03-31 | $52.8M | $29.3M | +124.36% |
| Q4 2020 | 2020-12-31 | $38.0M | $19.3M | +102.96% |
| Q3 2020 | 2020-09-30 | $44.6M | $24.3M | +119.91% |
| Q2 2020 | 2020-06-30 | $28.1M | $744,000 | +2.72% |
| Q1 2020 | 2020-03-31 | $23.5M | −$1.2M | −4.78% |
| Q4 2019 | 2019-12-31 | $18.7M | −$1.1M | −5.53% |
| Q3 2019 | 2019-09-30 | $20.3M | $2.8M | +16.00% |
| Q2 2019 | 2019-06-30 | $27.4M | $10.2M | +59.88% |
| Q1 2019 | 2019-03-31 | $24.7M | $10.0M | +68.32% |
| Q4 2018 | 2018-12-31 | $19.8M | $10.3M | +108.76% |
| Q3 2018 | 2018-09-30 | $17.5M | $7.2M | +70.79% |
| Q2 2018 | 2018-06-30 | $17.1M | $5.8M | +51.28% |
| Q1 2018 | 2018-03-31 | $14.7M | $6.1M | +70.55% |
| Q4 2017 | 2017-12-31 | $9.5M | $2.9M | +43.42% |
| Q3 2017 | 2017-09-30 | $10.2M | $1.3M | +14.23% |
| Q2 2017 | 2017-06-30 | $11.3M | $6.3M | +125.12% |
| Q1 2017 | 2017-03-31 | $8.6M | $2.3M | +37.35% |
| Q4 2016 | 2016-12-31 | $6.6M | $1.1M | +19.52% |
| Q3 2016 | 2016-09-30 | $9.0M | $978,000 | +12.26% |
| Q2 2016 | 2016-06-30 | $5.0M | −$3.6M | −42.01% |
| Q1 2016 | 2016-03-31 | $6.3M | −$244,000 | −3.75% |
| Q4 2015 | 2015-12-31 | $5.5M | $1.4M | +32.27% |
| Q3 2015 | 2015-09-30 | $8.0M | $1.4M | +21.02% |
| Q2 2015 | 2015-06-30 | $8.7M | −$1.2M | −12.15% |
| Q1 2015 | 2015-03-31 | $6.5M | −$3.1M | −32.24% |
| Q4 2014 | 2014-12-31 | $4.2M | — | — |
| Q3 2014 | 2014-09-30 | $6.6M | −$759,000 | −10.33% |
| Q2 2014 | 2014-06-30 | $9.9M | −$780,000 | −7.33% |
| Q1 2014 | 2014-03-31 | $9.6M | $1.0M | +12.04% |
| Q3 2013 | 2013-09-30 | $7.3M | −$1.6M | −17.69% |
| Q2 2013 | 2013-06-30 | $10.6M | $6.0M | +131.43% |
| Q1 2013 | 2013-03-31 | $8.6M | $2.4M | +39.78% |
| Q3 2012 | 2012-09-30 | $8.9M | $2.2M | +33.06% |
| Q2 2012 | 2012-06-30 | $4.6M | −$4.5M | −49.23% |
| Q1 2012 | 2012-03-31 | $6.1M | −$4.0M | −39.26% |
| Q4 2011 | 2011-12-31 | $1.5M | — | — |
| Q3 2011 | 2011-09-30 | $6.7M | −$2.3M | −25.84% |
| Q2 2011 | 2011-06-30 | $9.1M | −$199,000 | −2.15% |
| Q1 2011 | 2011-03-31 | $10.1M | — | — |
| Q3 2010 | 2010-09-30 | $9.0M | — | — |
| Q2 2010 | 2010-06-30 | $9.3M | — | — |
Medifast operating income trends
Over the last five fiscal years, Medifast's operating income decreased from $134.2M to −$14.2M, a change of −$148.4M. The latest reported quarter, Q2 2026, shows −$4.3M.
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Medifast source filings ↗Community posts
Medifast sales fall 19% as restructuring weighs on third-quarter earnings
Medifast ($MED) reported third-quarter 2026 revenue of $72 million, down 19.4% from a year earlier, as its active earning coach network contracted by 47.7% to 10,200. The company cited difficulties attracting clients, including competition ...