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LifeMD (LFMD) Revenue & Revenue Breakdown

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LifeMD Revenue Highlights

Latest Revenue (Y)

$152.55M

Latest Revenue (Q)

$40.28M

Main Segment (Y)

Software Revenues, Net

Main Geography (Y)

Software Revenues, Net

LifeMD Revenue by Period

LifeMD Revenue by Year

DateRevenueChange
2023-12-31-28.15%
2022-12-31-28.16%
2021-12-31-149.04%
2020-12-31-199.10%
2019-12-31-49.79%
2018-12-31-64.68%
2017-12-31--3.51%
2016-12-31-329.79%
2015-12-31-70.67%
2014-12-31--11.65%
2013-12-31-19.97%
2012-12-31--9.42%
2011-12-31--

LifeMD generated $152.55M in revenue during NA 2023, up 28.15% compared to the previous quarter, and up 1832.59% compared to the same period a year ago.

LifeMD Revenue by Quarter

DateRevenueChange
2024-09-30--20.50%
2024-06-30-14.76%
2024-03-31--1.60%
2023-12-31-16.18%
2023-09-30-7.42%
2023-06-30-8.51%
2023-03-31-17.80%
2022-12-31--10.48%
2022-09-30-3.13%
2022-06-30-4.87%
2022-03-31-5.93%
2021-12-31-9.90%
2021-09-30-11.80%
2021-06-30-22.61%
2021-03-31-41.14%
2020-12-31-17.15%
2020-09-30-21.08%
2020-06-30-111.15%
2020-03-31-9.14%
2019-12-31-26.15%
2019-09-30-15.87%
2019-06-30--0.02%
2019-03-31-23.55%
2018-12-31--12.46%
2018-09-30-22.47%
2018-06-30-26.84%
2018-03-31-9.20%
2017-12-31--28.30%
2017-09-30-85.27%
2017-06-30-160.90%
2017-03-31--56.95%
2016-12-31--28.79%
2016-09-30-12.81%
2016-06-30--25.21%
2016-03-31-339.54%
2015-12-31-33.39%
2015-09-30-0.91%
2015-06-30--3.79%
2015-03-31-80.57%
2014-12-31--3.52%
2014-09-30--15.84%
2014-06-30-2.17%
2014-03-31-19.87%
2013-12-31-69.55%
2013-09-30--70.68%
2013-06-30-40.24%
2013-03-31-99.25%
2012-12-31--24.03%
2012-09-30--33.16%
2012-06-30-27.46%
2012-03-31--

LifeMD generated $40.28M in revenue during Q3 2024, up -20.50% compared to the previous quarter, and up 112.04% compared to the same period a year ago.

LifeMD Revenue Breakdown

LifeMD Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19
Software Revenues, Net--
Service Revenues, Net--
Product Revenues, Net--

LifeMD's latest annual revenue breakdown by segment (product or service), as of Dec 20: Software Revenues, Net (99.93%), and Service Revenues, Net (0.07%).

Quarterly Revenue by Product

Product/ServiceMar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
Work Simpli Revenue Net-------
Telehealth Revenue Net-------
Cost of Telehealth Revenue-------
Cost of Work Simpli Revenue-------
Software Revenues Net-------
Product Revenues, Net-------
Service Revenues, Net-------
Software Revenues, Net-------

LifeMD's latest quarterly revenue breakdown by segment (product or service), as of Mar 22: Telehealth Revenue Net (77.81%), and Work Simpli Revenue Net (22.19%).

LifeMD Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19
Software Revenues, Net--
Service Revenues, Net--
Product Revenues, Net--

LifeMD's latest annual revenue breakdown by geography, as of Dec 20: Software Revenues, Net (99.93%), and Service Revenues, Net (0.07%).

Quarterly Revenue by Country

CountryMar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
Work Simpli Revenue Net-------
Telehealth Revenue Net-------
Cost of Work Simpli Revenue-------
Cost of Telehealth Revenue-------
Software Revenues Net-------
Product Revenues, Net-------
Service Revenues, Net-------
Software Revenues, Net-------

LifeMD's latest quarterly revenue breakdown by geography, as of Mar 22: Telehealth Revenue Net (77.81%), and Work Simpli Revenue Net (22.19%).

LifeMD Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EVHEvolent Health--
PRVAPrivia Health Group--
CMAXCareMax--
CPSITruBridge--
HSTMHealthStream--
LFMDLifeMD--
NRCNational Research--
STRMStreamline Health Solutions--
FORAForian--

LFMD Revenue FAQ

What is LifeMD’s yearly revenue?

LifeMD's yearly revenue for 2023 was $152.55M, representing an increase of 28.15% compared to 2022. The company's yearly revenue for 2022 was $119.03M, representing an increase of 28.16% compared to 2021. LFMD's yearly revenue for 2021 was $92.88M, representing an increase of 149.04% compared to 2020.

What is LifeMD’s quarterly revenue?

LifeMD's quarterly revenue for Q3 2024 was $40.28M, a -20.50% decrease from the previous quarter (Q2 2024), and a 4.30% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $50.66M, a 14.76% increase from the previous quarter (Q1 2024), and a 40.94% increase year-over-year (Q2 2023). LFMD's quarterly revenue for Q1 2024 was $44.14M, a -1.60% decrease from the previous quarter (Q4 2023), and a 33.26% increase year-over-year (Q1 2023).

What is LifeMD’s revenue growth rate?

LifeMD's revenue growth rate for the last 3 years (2021-2023) was 64.25%, and for the last 5 years (2019-2023) was 1123.45%.

What are LifeMD’s revenue streams?

LifeMD's revenue streams in c 20 are Software Revenues, Net, and Service Revenues, Net. Software Revenues, Net generated $6.73M in revenue, accounting 99.93% of the company's total revenue, up 165.16% year-over-year. Service Revenues, Net generated $5K in revenue, accounting 0.07% of the company's total revenue, down -49.71% year-over-year.

What is LifeMD’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of LifeMD was Software Revenues, Net. This segment made a revenue of $6.73M, representing 99.93% of the company's total revenue.