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LifeMD (LFMD) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

LifeMD (LFMD) reported revenue of $47.3M for the second quarter 2026 (Q2 2026), -4% from a year earlier and -6% from the quarter before. Operating margin was -15.1%, net loss $7.1M (15.0% of revenue).

Revenue$47.3M
Year over year-4%
Quarter over quarter-6%
Operating margin-15.1%
Net earnings−$7.1M

LifeMD, Q2 2026: revenue $47.3M (-4% year over year), operating margin -15.1%, net loss $7.1M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$47.3M-6%-4%
Operating profit−$7.1M——
Net earnings−$7.1M——
Operating cash flow−$6.9M-1658%-180%

What changed

Revenue was $47.3M in Q2 2026, down 4% year over year and down 6% from the previous quarter. Telehealth Subscription Revenue was the largest line at 62% of revenue. Telehealth lost $2.0M year over year (down 10%), 115% of the total change.

Gross margin was 88.8%, up 2.8 points from Q2 2025. Operating costs exceeded revenue by $7.1M, an operating margin of -15.1%. Operating expenses grew 10% against a revenue fall of 4%. The fastest-growing cost line was Sales & marketing (+27%). The quarter ended with a net loss of $7.1M, narrower than the previous quarter's $8.9M loss.

Operating cash flow was −$6.9M. Non-cash charges added back $325K of depreciation and amortization and $790K of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$8.6M.

Questions

What was LifeMD's revenue in the second quarter 2026?

LifeMD (LFMD) reported revenue of $47.3M for the second quarter 2026 (Q2 2026), -4% from a year earlier and -6% from the quarter before.

Was LifeMD profitable in the second quarter 2026?

Operating loss was $7.1M (-15.1% of revenue) and net loss $7.1M.

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Source: LifeMD 10-Q on SEC EDGAR.