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TDOC Financials Teladoc Health, Inc.

13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 18.3% per year over the past 5 years.
  • Operating margin has expanded, at -10.4% in the latest year.

Financial health

  • Total debt has grown faster than revenue (31.0% vs 18.3% per year).
  • Operating income covered interest expense -13.3× in the latest year.
Revenue & net income
-$14B -$6B $3B $0 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-568% -249% 69% 0% 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$58M $141M $339M $0 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $649M $1B 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$591M $134M $859M $0 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $2.5B -$200M 0.0% -10.4% $285M $781M
2024 $2.6B -$1.0B 0.0% -39.7% $283M $1.3B
2023 $2.6B -$220M 0.0% -9.6% $339M $1.1B
2022 $2.4B -$13.7B 69.1% -567.3% $173M $918M
2021 $2.0B -$429M 68.0% -13.1% $185M $893M
2020 $1.1B -$485M 64.3% -46.3% -$58M $733M
2019 -$99M $26M $514M
2018 -$97M -$9M $424M
2017 -$107M -$37M $43M
2016 -$74M -$54M $44M $50M
2015 -$58M -$53M $26M $55M
2014 -$17M $26M $46M
2013 -$6M $3M

Valuation over time

How the market has priced TDOC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 1.1 2.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is TDOC growing its revenue and profit?

Over the past 5 years, Teladoc Health, Inc.'s revenue has grown 18.3% per year. These are computed facts, not advice.

How much debt does TDOC have?

As of FY2025, Teladoc Health, Inc. reported — of total debt against $781M of cash; operating income covered interest expense -13.3×.

What is TDOC's profit margin?

In FY2025, gross margin was —, operating margin -10.4%, and net margin -7.9%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.