Filing Flows

Filing Flows › Teladoc Health (TDOC) › How it makes money

How Teladoc Health (TDOC) makes money

Teladoc Health (TDOC) made $605M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Access Fees brought in $467M (77%); Other brought in $138M (23%).

Drawing the Sankey…

Teladoc Health revenue by segment, Q3 2026Teladoc Health revenue by segment, Q3 2026Access Fees$467MOther$138M
Teladoc Health: revenue by line, Q1 2025 to Q3 2026Teladoc Health: revenue by line, Q1 2025 to Q3 2026Access FeesOtherAccess Fees: $467M latest$467MOther: $138M latest$138MQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026Q3 2026
Access Fees went from 84% of revenue in Q1 2025 to 77% in Q3 2026, the largest shift in the mix.
Teladoc Health revenue by quarterTeladoc Health revenue by quarter$629MQ1 2025$632MQ2 2025$626MQ3 2025$642MQ4 2025$614MQ1 2026$607MQ2 2026$605MQ3 2026
Teladoc Health: where each dollar of revenue goesTeladoc Health: where each dollar of revenue goesIncome tax0¢Operating cash flow18¢Free cash flow17¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Access Fees$467M77.1%-2%-10%
Other$138M22.9%+4%+31%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$605M100.0%
Income tax$655K0.1%
Operating cash flow$106M17.6%
Free cash flow$105M17.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$605M-3%
Q2 2026$607M-4%
Q1 2026$614M-2%
Q4 2025$642M+0.3%
Q3 2025$626M-2%
Q2 2025$632M-2%
Q1 2025$629M-3%

From Teladoc Health's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Teladoc Health make money?

Teladoc Health (TDOC) made $605M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Access Fees brought in $467M (77%); Other brought in $138M (23%).

What is Teladoc Health's biggest business?

Access Fees: $467M in the third quarter 2026, 77% of revenue, -10% from a year earlier.

Open the interactive view →

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