Income Statement (TTM)
Medifast, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 841 | 935 | 1,097 | 1,271 | 1,413 | 1,526 | 1,603 | 1,662 | 1,639 | 1,599 | 1,530 | 1,373 | 1,218 | 1,072 | 898 | 770 | 674 | 602 | 543 | 480 |
| Change (%) | 11.22 | 17.35 | 15.88 | 11.16 | 7.99 | 5.04 | 3.69 | -1.38 | -2.48 | -4.29 | -10.27 | -11.26 | -12.00 | -16.25 | -14.22 | -12.43 | -10.68 | -9.79 | -11.59 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 214 | 237 | 286 | 326 | 365 | 398 | 422 | 453 | 454 | 458 | 433 | 387 | 338 | 296 | 241 | 201 | 177 | 158 | 142 | 126 |
| Change (%) | 10.80 | 20.63 | 13.91 | 11.94 | 9.29 | 5.82 | 7.39 | 0.27 | 0.90 | -5.44 | -10.66 | -12.67 | -12.37 | -18.62 | -16.74 | -11.96 | -10.67 | -10.11 | -11.42 | |
| % of Revenue | 25.45 | 25.35 | 26.06 | 25.62 | 25.80 | 26.11 | 26.31 | 27.24 | 27.70 | 28.66 | 28.32 | 28.20 | 27.74 | 27.63 | 26.85 | 26.06 | 26.20 | 26.20 | 26.11 | 26.16 |
| Gross Operating Profit | 627 | 698 | 811 | 946 | 1,049 | 1,128 | 1,181 | 1,209 | 1,185 | 1,140 | 1,097 | 986 | 880 | 776 | 657 | 569 | 498 | 445 | 402 | 355 |
| Change (%) | 11.36 | 16.24 | 16.57 | 10.90 | 7.54 | 4.77 | 2.37 | -2.00 | -3.77 | -3.83 | -10.12 | -10.70 | -11.86 | -15.35 | -13.29 | -12.59 | -10.68 | -9.68 | -11.65 | |
| % of Revenue | 74.55 | 74.65 | 73.94 | 74.38 | 74.20 | 73.89 | 73.69 | 72.76 | 72.30 | 71.34 | 71.68 | 71.80 | 72.26 | 72.37 | 73.15 | 73.94 | 73.80 | 73.80 | 73.89 | 73.84 |
| SG&A | 509 | 561 | 644 | 745 | 837 | 907 | 959 | 999 | 982 | 951 | 897 | 796 | 713 | 645 | 571 | 531 | 483 | 425 | 391 | 337 |
| Change (%) | 10.20 | 14.90 | 15.59 | 12.37 | 8.36 | 5.68 | 4.21 | -1.72 | -3.11 | -5.72 | -11.21 | -10.43 | -9.58 | -11.40 | -7.12 | -9.06 | -12.00 | -7.97 | -13.74 | |
| % of Revenue | 60.55 | 59.99 | 58.74 | 58.59 | 59.23 | 59.43 | 59.79 | 60.09 | 59.89 | 59.50 | 58.61 | 58.00 | 58.54 | 60.15 | 63.63 | 68.90 | 71.54 | 70.48 | 71.91 | 70.16 |
| R&D | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 4 | 5 | 5 | 5 |
| Change (%) | 0.00 | 17.86 | 18.18 | 7.69 | 4.76 | -2.27 | 2.33 | 0.00 | 2.27 | 2.22 | -4.35 | 4.55 | 0.00 | 0.00 | 0.00 | -4.35 | 4.55 | 0.00 | 2.17 | |
| % of Revenue | 0.33 | 0.30 | 0.30 | 0.31 | 0.30 | 0.29 | 0.27 | 0.26 | 0.27 | 0.28 | 0.30 | 0.32 | 0.38 | 0.43 | 0.51 | 0.60 | 0.65 | 0.76 | 0.85 | 0.98 |
| OpEx | 726 | 801 | 934 | 1,074 | 1,206 | 1,310 | 1,384 | 1,456 | 1,440 | 1,414 | 1,335 | 1,188 | 1,056 | 946 | 817 | 736 | 664 | 587 | 537 | 467 |
| Change (%) | 10.34 | 16.60 | 15.09 | 12.22 | 8.63 | 5.70 | 5.17 | -1.10 | -1.83 | -5.60 | -11.01 | -11.10 | -10.43 | -13.61 | -9.92 | -9.82 | -11.53 | -8.48 | -12.99 | |
| % of Revenue | 86.33 | 85.65 | 85.10 | 84.52 | 85.33 | 85.83 | 86.37 | 87.60 | 87.86 | 88.44 | 87.23 | 86.51 | 86.66 | 88.21 | 91.00 | 95.55 | 98.39 | 97.45 | 98.86 | 97.30 |
| Operating Income | 115 | 134 | 163 | 197 | 207 | 216 | 219 | 206 | 199 | 185 | 195 | 185 | 163 | 126 | 81 | 34 | 11 | 15 | 6 | 13 |
| Change (%) | 16.76 | 21.81 | 20.40 | 5.39 | 4.28 | 1.06 | -5.71 | -3.40 | -7.15 | 5.75 | -5.25 | -12.23 | -22.22 | -36.05 | -57.63 | -68.33 | 41.80 | -59.83 | 110.21 | |
| % of Revenue | 13.67 | 14.35 | 14.90 | 15.48 | 14.67 | 14.17 | 13.63 | 12.40 | 12.14 | 11.56 | 12.77 | 13.49 | 13.34 | 11.79 | 9.00 | 4.45 | 1.61 | 2.55 | 1.14 | 2.70 |
| Interest Expense | -0 | -0 | -0 | -0 | -0 | -1 | -1 | -1 | -0 | -0 | ||||||||||
| Change (%) | 213.64 | 67.39 | 51.08 | 27.79 | 37.22 | 14.54 | 12.27 | -43.84 | -58.82 | |||||||||||
| % of Revenue | -0.00 | -0.01 | -0.02 | -0.02 | -0.03 | -0.04 | -0.04 | -0.05 | -0.03 | -0.01 | ||||||||||
| Net Income | 95 | 103 | 125 | 150 | 158 | 164 | 165 | 157 | 151 | 144 | 142 | 133 | 120 | 99 | 68 | 29 | 7 | 2 | -7 | 4 |
| Change (%) | 8.56 | 21.96 | 19.95 | 5.00 | 3.82 | 0.44 | -4.76 | -3.71 | -4.97 | -1.26 | -6.23 | -9.80 | -17.08 | -31.84 | -56.72 | -75.02 | -71.46 | -434.62 | -151.97 | |
| % of Revenue | 11.27 | 11.00 | 11.43 | 11.84 | 11.18 | 10.75 | 10.28 | 9.44 | 9.22 | 8.98 | 9.27 | 9.68 | 9.84 | 9.27 | 7.55 | 3.81 | 1.09 | 0.35 | -1.29 | 0.76 |
Source: Capital IQ
