Medifast (MED) Revenue & Revenue Breakdown


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Medifast Revenue Highlights


Latest Revenue (Y)

$1.07B

Latest Revenue (Q)

$168.56M

Medifast Revenue by Period


Medifast Revenue by Year

DateRevenueChange
2023-12-31$1.07B-32.94%
2022-12-31$1.60B4.75%
2021-12-31$1.53B63.25%
2020-12-31$934.84M30.99%
2019-12-31$713.67M42.45%
2018-12-31$501.00M66.14%
2017-12-31$301.56M9.85%
2016-12-31$274.53M0.65%
2015-12-31$272.77M-4.39%
2014-12-31$285.29M-20.06%
2013-12-31$356.89M0.05%
2012-12-31$356.71M19.62%
2011-12-31$298.19M115678.17%
2010-12-31$257.55K-99.84%
2009-12-31$165.62M57.07%
2008-12-31$105.44M25.86%
2007-12-31$83.78M13.08%
2006-12-31$74.09M84.62%
2005-12-31$40.13M46.78%
2004-12-31$27.34M7.73%
2003-12-31$25.38M105.58%
2002-12-31$12.35M145.82%
2001-12-31$5.02M28.84%
2000-12-31$3.90M-16.19%
1999-12-31$4.65M-70.75%
1998-12-31$15.90M10.72%
1997-12-31$14.36M-12.98%
1996-12-31$16.50M-

Medifast generated $1.07B in revenue during NA 2023, up -32.94% compared to the previous quarter, and up 213.98% compared to the same period a year ago.

Medifast Revenue by Quarter

DateRevenueChange
2024-06-30$168.56M-3.54%
2024-03-31$174.74M-8.52%
2023-12-31$191.01M-19.02%
2023-09-30$235.87M-20.37%
2023-06-30$296.19M-15.13%
2023-03-31$348.98M3.48%
2022-12-31$337.25M-13.62%
2022-09-30$390.40M-13.88%
2022-06-30$453.33M8.56%
2022-03-31$417.60M10.52%
2021-12-31$377.83M-8.60%
2021-09-30$413.39M4.87%
2021-06-30$394.19M15.71%
2021-03-31$340.67M28.60%
2020-12-31$264.91M-2.42%
2020-09-30$271.47M23.40%
2020-06-30$220.00M23.28%
2020-03-31$178.46M4.59%
2019-12-31$170.63M-10.22%
2019-09-30$190.06M1.58%
2019-06-30$187.10M12.80%
2019-03-31$165.88M13.74%
2018-12-31$145.84M4.74%
2018-09-30$139.24M18.68%
2018-06-30$117.32M18.99%
2018-03-31$98.60M26.39%
2017-12-31$78.01M1.04%
2017-09-30$77.20M1.95%
2017-06-30$75.73M7.23%
2017-03-31$70.62M13.05%
2016-12-31$62.47M-8.91%
2016-09-30$68.58M-3.61%
2016-06-30$71.14M-1.66%
2016-03-31$72.34M17.99%
2015-12-31$61.31M-7.01%
2015-09-30$65.94M-8.63%
2015-06-30$72.16M-1.64%
2015-03-31$73.36M67.19%
2014-12-31$43.88M-40.69%
2014-09-30$73.99M-8.52%
2014-06-30$80.88M-6.52%
2014-03-31$86.53M11.95%
2013-12-31$77.29M-10.63%
2013-09-30$86.48M-10.91%
2013-06-30$97.07M1.07%
2013-03-31$96.04M15.38%
2012-12-31$83.24M-8.49%
2012-09-30$90.97M-2.78%
2012-06-30$93.57M5.23%
2012-03-31$88.92M27.82%
2011-12-31$69.57M-8.54%
2011-09-30$76.07M-2.80%
2011-06-30$78.25M5.33%
2011-03-31$74.30M17.88%
2010-12-31$63.02M-6.33%
2010-09-30$67.28M0.93%
2010-06-30$66.66M10.03%
2010-03-31$60.59M31.08%
2009-12-31$46.22M2.70%
2009-09-30$45.01M10.54%
2009-06-30$40.71M20.88%
2009-03-31$33.68M32.30%
2008-12-31$25.46M-6.68%
2008-09-30$27.28M-0.93%
2008-06-30$27.54M9.41%
2008-03-31$25.17M27.09%
2007-12-31$19.80M-

Medifast generated $168.56M in revenue during Q2 2024, up -3.54% compared to the previous quarter, and up 48.30% compared to the same period a year ago.

Medifast Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SCIService Corporation$4.10B$1.03B
HRBH&R Block$3.47B$2.18B
ROLRollins$3.07B$891.92M
EMSmart Share Global$2.96B$397.21M
DSEYDiversey$2.77B$696.00M
BFAMBright Horizons Family Solutions$2.42B$670.06M
MEDMedifast$1.07B$168.56M
MCWMister Car Wash$927.07M$255.04M
CSVCarriage Services$382.52M$102.32M
TRNRInteractive Strength$962.00K$621.00K

MED Revenue FAQ


Medifast's yearly revenue for 2023 was $1.07B, representing a decrease of -32.94% compared to 2022. The company's yearly revenue for 2022 was $1.6B, representing an increase of 4.75% compared to 2021. MED's yearly revenue for 2021 was $1.53B, representing an increase of 63.25% compared to 2020.

Medifast's quarterly revenue for Q2 2024 was $168.56M, a -3.54% decrease from the previous quarter (Q1 2024), and a -43.09% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $174.74M, a -8.52% decrease from the previous quarter (Q4 2023), and a -49.93% decrease year-over-year (Q1 2023). MED's quarterly revenue for Q4 2023 was $191.02M, a -19.02% decrease from the previous quarter (Q3 2023), and a -43.36% decrease year-over-year (Q4 2022).

Medifast's revenue growth rate for the last 3 years (2021-2023) was -29.75%, and for the last 5 years (2019-2023) was 50.22%.