TTM
-7.6%
YoY change
+29.34pp
Trough year (2022)
-567.3%
Peak year (2023)
-9.6%
Latest annual
-10.4%
Operating Margin history chart for Teladoc Health (TDOC) from 2013 to 2025
Latest: -10.4%
Operating Margin change chart for Teladoc Health (TDOC) from 2013 to 2025
Latest: +29.34pp
Operating Margin history table for Teladoc Health (TDOC) from 2013 to 2025
| 2025 | -10.4% | +29.34pp | ||
| 2024 | -39.7% | -30.18pp | ||
| 2023 | -9.6% | +557.72pp | ||
| 2022 | -567.3% | -554.20pp | ||
| 2021 | -13.1% | +33.22pp | ||
| 2020 | -46.3% | -31.75pp | ||
| 2019 | -14.5% | +2.42pp | ||
| 2018 | -17.0% | +15.36pp | ||
| 2017 | -32.3% | +18.56pp | ||
| 2016 | -50.9% | +21.21pp | ||
| 2015 | -72.1% | -37.28pp | ||
| 2014 | -34.8% | -5.32pp | ||
| 2013 | -29.5% | — |
- 2025-10.4%+29.34pp
- 2024-39.7%-30.18pp
- 2023-9.6%+557.72pp
- 2022-567.3%-554.20pp
- 2021-13.1%+33.22pp
- 2020-46.3%-31.75pp
- 2019-14.5%+2.42pp
- 2018-17.0%+15.36pp
- 2017-32.3%+18.56pp
- 2016-50.9%+21.21pp
- 2015-72.1%-37.28pp
- 2014-34.8%-5.32pp
- 2013-29.5%—
Operating Margin values are taken from Teladoc Health's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Teladoc Health (TDOC)
According to Teladoc Health's latest reported financial statements, the company's latest reported operating margin is -7.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Teladoc Health (TDOC) most recent annual operating margin stands at -10.39% (2025) – expanded 29.3 percentage points year-over-year.
The highest annual operating margin of -9.55% was reported in 2023. The lowest in the available history was -567.27% in 2022.
Teladoc Health Operating Margin by Year
Teladoc Health Operating Margin 2025: -10.4%
In 2025, Teladoc Health reported operating margin of -10.39%, expanded 29.3 percentage points from 2024.
Teladoc Health Operating Margin 2024: -39.7%
Teladoc Health operating margin in 2024 was -39.73%, contracted 30.2 percentage points from 2023.
Teladoc Health Operating Margin 2023: -9.6%
2023's operating margin for Teladoc Health came in at -9.55%, expanded 557.7 percentage points from 2022. This figure represents the highest annual value in the available history.
Teladoc Health Operating Margin 2022: -567.3%
Teladoc Health posted operating margin of -567.27% in 2022, contracted 554.2 percentage points from 2021. This figure represents the lowest annual value in the available history.
Teladoc Health Operating Margin 2021: -13.1%
Teladoc Health operating margin in 2021 was -13.07%.
See more financial history for Teladoc Health (TDOC).
Sector peers by Operating Margin
Healthcare peers of Teladoc Health (TDOC), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
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