Short answer
Teladoc Health, Inc. (TDOC) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $607M (down 4.0% year over year) with net income of −$39M.
Q2 2026 key financials · XBRL
- Revenue
- $607M
- −4.0% YoY · −1.1% QoQ
- Net income
- −$39M
- −19.1% YoY · +39.1% QoQ
- Operating margin
- -6.1%
- EPS (diluted)
- −$0.21
- −10.5% YoY · +41.7% QoQ
Source: XBRL data from the Teladoc Health, Inc. (TDOC) Q2 2026 10-Q on SEC EDGAR. USD.
Teladoc Health, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $606.9M, down $25.0M or 4% YoY, driven by lower BetterHelp revenue
- Operating margin negative 6.1% vs negative 8.6% YoY
- Integrated Care best performer, Adjusted EBITDA $65.2M vs $57.5M; BetterHelp $0.5M vs $11.9M
- BetterHelp paying users 0.346M, down 11% from 0.388M YoY
- Outlook headwinds: declining cash-pay users, insurance-mix effects, tariffs, and potential BetterHelp goodwill impairment
Risk Factors
- BetterHelp insurance expansion shifting users from cash-pay services, reducing revenue and initial revenue recognition
- Provider credentialing capacity constrained insurance-covered demand, preventing offset of cash-pay revenue declines
- BetterHelp advertising and marketing spend reduced during Q2 2026, lowering acquired paying users and near-term revenue
- Higher customer-acquisition costs or weaker marketing effectiveness threatening BetterHelp revenue and profitability
- Insurance plans’ deductibles, copays, and restrictions complicating consumer adoption of BetterHelp coverage
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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