Medifast annual operating margin
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2025
Medifast Operating Margin Growth & History (MED)
Medifast's operating margin was −3.68% for fiscal 2025.
View full Medifast company overviewMedifast annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −3.68% | −4.16 pp |
| 2024 | 2024-12-31 | 0.48% | −11.31 pp |
| 2023 | 2023-12-31 | 11.79% | +0.23 pp |
| 2022 | 2022-12-31 | 11.56% | −2.61 pp |
| 2021 | 2021-12-31 | 14.17% | −0.18 pp |
| 2020 | 2020-12-31 | 14.35% | +1.59 pp |
| 2019 | 2019-12-31 | 12.76% | −1.03 pp |
| 2018 | 2018-12-31 | 13.78% | +0.64 pp |
| 2017 | 2017-12-31 | 13.14% | +3.36 pp |
| 2016 | 2016-12-31 | 9.78% | −0.73 pp |
| 2015 | 2015-12-31 | 10.52% | −0.09 pp |
| 2014 | 2014-12-31 | 10.60% | −1.25 pp |
| 2013 | 2013-12-31 | 11.85% | +3.33 pp |
| 2012 | 2012-12-31 | 8.52% | −0.66 pp |
| 2011 | 2011-12-31 | 9.18% | −3.10 pp |
| 2010 | 2010-12-31 | 12.28% | +1.39 pp |
| 2009 | 2009-12-31 | 10.90% | — |
Medifast quarterly operating margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
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Q2.12
Q3.12
Q4.12
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Q2.16
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Q1.17
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Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
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Q1.20
Q2.20
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Q4.20
Q1.21
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Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
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Q2.23
Q3.23
Q4.23
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −5.66% | −4.65 pp |
| Q1 2026 | 2026-03-31 | −4.33% | −3.24 pp |
| Q4 2025 | 2025-12-31 | −10.39% | −10.99 pp |
| Q3 2025 | 2025-09-30 | −4.56% | −6.07 pp |
| Q2 2025 | 2025-06-30 | −1.01% | +3.66 pp |
| Q1 2025 | 2025-03-31 | −1.09% | −5.63 pp |
| Q4 2024 | 2024-12-31 | 0.59% | −3.95 pp |
| Q3 2024 | 2024-09-30 | 1.50% | −9.31 pp |
| Q2 2024 | 2024-06-30 | −4.67% | −17.74 pp |
| Q1 2024 | 2024-03-31 | 4.54% | −10.79 pp |
| Q4 2023 | 2023-12-31 | 4.54% | −5.12 pp |
| Q3 2023 | 2023-09-30 | 10.81% | −1.52 pp |
| Q2 2023 | 2023-06-30 | 13.07% | +2.27 pp |
| Q1 2023 | 2023-03-31 | 15.33% | +2.14 pp |
| Q4 2022 | 2022-12-31 | 9.67% | −2.73 pp |
| Q3 2022 | 2022-09-30 | 12.34% | −1.01 pp |
| Q2 2022 | 2022-06-30 | 10.80% | −4.78 pp |
| Q1 2022 | 2022-03-31 | 13.19% | −2.31 pp |
| Q4 2021 | 2021-12-31 | 12.40% | −1.94 pp |
| Q3 2021 | 2021-09-30 | 13.35% | −3.07 pp |
| Q2 2021 | 2021-06-30 | 15.58% | +2.81 pp |
| Q1 2021 | 2021-03-31 | 15.50% | +2.31 pp |
| Q4 2020 | 2020-12-31 | 14.33% | +3.37 pp |
| Q3 2020 | 2020-09-30 | 16.41% | +5.75 pp |
| Q2 2020 | 2020-06-30 | 12.77% | −1.85 pp |
| Q1 2020 | 2020-03-31 | 13.19% | −1.71 pp |
| Q4 2019 | 2019-12-31 | 10.96% | −2.61 pp |
| Q3 2019 | 2019-09-30 | 10.66% | −1.88 pp |
| Q2 2019 | 2019-06-30 | 14.62% | +0.04 pp |
| Q1 2019 | 2019-03-31 | 14.90% | +0.01 pp |
| Q4 2018 | 2018-12-31 | 13.58% | +1.42 pp |
| Q3 2018 | 2018-09-30 | 12.54% | −0.70 pp |
| Q2 2018 | 2018-06-30 | 14.58% | −0.35 pp |
| Q1 2018 | 2018-03-31 | 14.89% | +2.70 pp |
| Q4 2017 | 2017-12-31 | 12.16% | +1.57 pp |
| Q3 2017 | 2017-09-30 | 13.25% | +0.19 pp |
| Q2 2017 | 2017-06-30 | 14.93% | +7.87 pp |
| Q1 2017 | 2017-03-31 | 12.19% | +3.53 pp |
| Q4 2016 | 2016-12-31 | 10.59% | +1.56 pp |
| Q3 2016 | 2016-09-30 | 13.06% | +0.96 pp |
| Q2 2016 | 2016-06-30 | 7.06% | −4.94 pp |
| Q1 2016 | 2016-03-31 | 8.66% | −0.21 pp |
| Q4 2015 | 2015-12-31 | 9.03% | +2.31 pp |
| Q3 2015 | 2015-09-30 | 12.10% | +2.55 pp |
| Q2 2015 | 2015-06-30 | 12.01% | −1.19 pp |
| Q1 2015 | 2015-03-31 | 8.88% | −3.25 pp |
| Q4 2014 | 2014-12-31 | 6.72% | −19.92 pp |
| Q3 2014 | 2014-09-30 | 9.55% | +1.05 pp |
| Q2 2014 | 2014-06-30 | 13.20% | +2.23 pp |
| Q1 2014 | 2014-03-31 | 12.13% | +3.20 pp |
| Q4 2013 | 2013-12-31 | 26.64% | +10.06 pp |
| Q3 2013 | 2013-09-30 | 8.50% | −1.32 pp |
| Q2 2013 | 2013-06-30 | 10.96% | +6.05 pp |
| Q1 2013 | 2013-03-31 | 8.93% | +2.03 pp |
| Q4 2012 | 2012-12-31 | 16.58% | +14.40 pp |
| Q3 2012 | 2012-09-30 | 9.81% | +0.99 pp |
| Q2 2012 | 2012-06-30 | 4.91% | −6.66 pp |
| Q1 2012 | 2012-03-31 | 6.90% | −6.70 pp |
| Q4 2011 | 2011-12-31 | 2.17% | −11.27 pp |
| Q3 2011 | 2011-09-30 | 8.82% | −5.06 pp |
| Q2 2011 | 2011-06-30 | 11.57% | — |
| Q1 2011 | 2011-03-31 | 13.60% | — |
| Q3 2010 | 2010-09-30 | 13.45% | — |
| Q2 2010 | 2010-06-30 | 13.89% | — |
Medifast operating margin trends
Over the last five reported fiscal years, Medifast's operating margin decreased from 14.35% to −3.68%, a change of −18.04 percentage points. The latest reported quarter, Q2 2026, shows −5.66%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Medifast filings at SEC.gov ↗