Filing Flows › LifeMD (LFMD) › Q1 2026
LifeMD (LFMD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
LifeMD (LFMD) reported revenue of $50.2M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +609% from the quarter before. Operating margin was -17.8%, net loss $8.9M (17.7% of revenue).
LifeMD, Q1 2026: revenue $50.2M (-1% year over year), operating margin -17.8%, net loss $8.9M, operating cash flow $445K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.2M | +609% | -1% |
| Operating profit | −$8.9M | — | -451% |
| Net earnings | −$8.9M | -144% | -563% |
| Operating cash flow | $445K | — | -86% |
What changed
Revenue was $50.2M in Q1 2026, down 1% year over year and up 609% from the previous quarter. Telehealth Subscription Revenue was the largest line at 61% of revenue. Telehealth lost $1.0M year over year (down 5%), 139% of the total change.
Gross margin was 88.2%, up 4.2 points from Q1 2025. Operating costs exceeded revenue by $8.9M, an operating margin of -17.8%. Operating expenses grew 21% against a revenue fall of 1%. The fastest-growing cost line was Sales & marketing (+34%). The quarter ended with a net loss of $8.9M, after a profit of $19.9M the previous quarter.
Operating cash flow was $445K (down 86% year over year). Non-cash charges added back $321K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $7.5M. Capital expenditures of $2.0M exceeded it, leaving free cash flow of −$1.6M.
Questions
What was LifeMD's revenue in the first quarter 2026?
LifeMD (LFMD) reported revenue of $50.2M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +609% from the quarter before.
Was LifeMD profitable in the first quarter 2026?
Operating loss was $8.9M (-17.8% of revenue) and net loss $8.9M.
Source: LifeMD 10-Q on SEC EDGAR.