Filing Flows › Comparisons › TDOC vs SBC
Teladoc Health vs SBC Medical Group Holdings: TDOC and SBC compared
Teladoc Health is the larger company: $605M of revenue in its latest quarter (Q3 2026) against $49.2M for SBC Medical Group Holdings (Q2 2026). SBC Medical Group Holdings is growing faster (+13% against -3% a year earlier). SBC Medical Group Holdings is more profitable, with an operating margin of 38.5% against -4.6%.
Where the money goes: TDOC and SBC
Teladoc Health (TDOC) · Q3 2026
Teladoc Health, Q3 2026: revenue $605M (-3% year over year), operating margin -4.6%, net loss $26.9M, operating cash flow $106M. The chart follows the revenue to costs, profit and cash.
SBC Medical Group Holdings (SBC) · Q2 2026
SBC Medical Group Holdings, Q2 2026: revenue $49.2M (+13% year over year), operating margin 38.5%, net earnings $10.7M, operating cash flow $22.5M. The chart follows the revenue to costs, profit and cash.
| Teladoc Health (TDOC) | SBC Medical Group Holdings (SBC) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $605M | $49.2M |
| Revenue growth, Y/Y | -3% | +13% |
| Gross margin | — | 73.1% |
| Operating margin | -4.6% | 38.5% |
| Net earnings | −$26.9M | $10.7M |
| Net margin | -4.5% | 21.7% |
| Operating cash flow | $106M | $22.5M |
| Free cash flow | $105M | $22.4M |
| Market value | $1.6B | — |
| Analysts’ mean target | $8.58 | — |
Where the revenue comes from
Teladoc Health
- Access Fees: $467M (77%)
- Other: $138M (23%)
SBC Medical Group Holdings
- Procurement Services: $13.4M (27%)
- Management Services: $12.8M (26%)
- Waqoo Segment: $9.7M (20%)
- Franchising: $9.5M (19%)
Questions
Which is bigger, Teladoc Health or SBC Medical Group Holdings?
Teladoc Health is the larger company: $605M of revenue in its latest quarter (Q3 2026) against $49.2M for SBC Medical Group Holdings (Q2 2026).
Is Teladoc Health or SBC Medical Group Holdings growing faster?
SBC Medical Group Holdings is growing faster (+13% against -3% a year earlier).
Which is more profitable, Teladoc Health or SBC Medical Group Holdings?
SBC Medical Group Holdings is more profitable, with an operating margin of 38.5% against -4.6%.
More: Teladoc Health earnings · how Teladoc Health makes money · SBC Medical Group Holdings earnings · how SBC Medical Group Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.