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How Medifast (MED) makes money

Medifast (MED) made $72.0M of revenue in the third quarter 2026 (Q3 2026), -19% from a year earlier.

Drawing the Sankey…

Medifast revenue by quarterMedifast revenue by quarter$116MQ1 2025$106MQ2 2025$89.4MQ3 2025$75.1MQ4 2025$76.0MQ1 2026$76.4MQ2 2026$72.0MQ3 2026
Medifast: where each dollar of revenue goesMedifast: where each dollar of revenue goesOperating cash flow5¢Free cash flow4¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$72.0M100.0%
Operating cash flow$3.3M4.6%
Free cash flow$2.9M4.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$72.0M-19%
Q2 2026$76.4M-28%
Q1 2026$76.0M-34%
Q4 2025$75.1M-37%
Q3 2025$89.4M-36%
Q2 2025$106M-37%
Q1 2025$116M-34%

From Medifast's 10-Q filed Oct 26, 2026 (on EDGAR).

Questions

How does Medifast make money?

Medifast (MED) made $72.0M of revenue in the third quarter 2026 (Q3 2026), -19% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.