LifeMD Inc
lifemd.comWhat Do They Do?
Provides virtual medical care, prescription and over-the-counter treatments, and pharmacy services to patients seeking primary and specialty care.
10-K for FY2025, filed Mar 10, 2026LifeMD is a patient-centric, direct-to-patient healthcare company providing a high-quality, cost-effective, and convenient way for patients…View ↗
As of December 31, 2025, LifeMD served approximately 328,000 active patient subscribers across a range of healthcare needs, including…View ↗
The LifeMD brand is our flagship virtual primary care and specialty platform, having served over 679,000 customers and patients to date.…View ↗
How Do They Make Money?
Patients pay for one-time consultations when delivered, subscription access over monthly or multi-month terms, and products when shipped.
10-K for FY2025, filed Mar 10, 2026For the Company’s telehealth subscription arrangements, the Company provides both one-time and subscription-based access to its telehealth…View ↗
The Company also offers bundled arrangements in which a subscriber receives subscription-based access to the Company’s telehealth platform…View ↗
For the Company’s product-based arrangements, the Company has determined that there is a single performance obligation, which is the…View ↗
The Company also provides subscription-based arrangements involving recurring shipments of products. Revenue from these recurring product…View ↗
Year Ended December 31, 2025 % 2024 % Telehealth subscription revenue $ 113,269,103 58 % $ 67,684,547 44 % Telehealth product revenue…View ↗
$194.1M
-
10-K for FY2025, filed Mar 10, 2026
$194.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Telehealth Subscription Revenue
Mix
10-K for FY2025, filed Mar 10, 2026 |
58% |
Telehealth Subscription Revenue, FY2025
$113.3M Sources
|
Mix |
|
Telehealth
Mix
10-K for FY2025, filed Mar 10, 2026 |
100%
FY2022: 69%
|
Telehealth, FY2025
$194.1M Sources
|
Mix |
Who Are Their Customers?
Men and women seeking care across primary and specialty needs access providers through LifeMD's direct-to-patient platform and apps; prescriptions are filled through LifeMD's pharmacy or third-party mail-order pharmacies.
10-K for FY2025, filed Mar 10, 2026LifeMD is a patient-centric, direct-to-patient healthcare company providing a high-quality, cost-effective, and convenient way for patients…View ↗
As of December 31, 2025, LifeMD served approximately 328,000 active patient subscribers across a range of healthcare needs, including…View ↗
Through our desktop and mobile applications, patients move seamlessly from onboarding and consultation to prescription fulfillment and…View ↗
Additionally, to fulfill its promise to customers for contracts that include the sale of prescription products, the Company maintains…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 7 cents of every revenue dollar as net income in FY2025 and turned 3 cents into free cash flow.
10-K for FY2025, filed Mar 10, 2026
−$7.7MView ↗
10-K for FY2025, filed Mar 10, 2026
$14.4MView ↗
10-K for FY2025, filed Mar 10, 2026
$6.4MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 5, 2026
−$7.1MView ↗
- ▲ +337% (Loss)
- vs −$1.6M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 5, 2026
Open tableView ↗
-
Sep 15, 2026
LifeMD agreed to offer memberships through AT&T
Eligible AT&T wireless and fiber customers receive complimentary memberships, with the offering planned to expand nationwide.
Sources
8-K, filed Sep 15, 2026
On September 15, 2026, LifeMD, Inc. (the “Company” or “LifeMD”) announced an exclusive strategic collaboration with AT&T Services, Inc.…View ↗
-
Aug 5, 2026
LifeMD revised its 2026 financial guidance
It revised revenue to $205.5 million to $212.5 million and adjusted EBITDA to negative $6.0 million to breakeven.
Sources
8-K, filed Aug 5, 2026
Revising full year 2026 guidance to revenue of $205.5 million to $212.5 million and adjusted EBITDA of negative $6.0 million to breakeven…View ↗
-
Jun 22, 2026
LifeMD agreed to co-market XYOSTED directly to patients
Its pharmacy will be the preferred dispenser for a direct-to-patient self-pay program.
Sources
8-K, filed Jun 22, 2026
On June 22, 2026, LifeMD, Inc. (the “Company” or “LifeMD”) announced a strategic co-marketing collaboration supporting a direct-to-patient…View ↗
-
Mar 18, 2026
LifeMD appointed a new CFO after its CFO departed
Marc Benathen left to pursue a new opportunity, and Atul Kavthekar became CFO.
Sources
8-K, filed Mar 18, 2026
On March 16, 2026, LifeMD, Inc (“LifeMD” or the “Company”) announced that its Chief Financial Officer Marc Benathen will be departing…View ↗
Growing. Revenue grew 2.1x in 4 years, from $92.9M in FY2021 to $194.1M in FY2025, about 20% a year.
Exit from document software
The older report included WorkSimpli, a document software business, alongside telehealth; the latest report says it was sold and focuses LifeMD on virtual care and pharmacy.
10-K for FY2022, filed Mar 22, 2023 10-K for FY2025, filed Mar 10, 2026On November 4, 2025, we sold our majority ownership interest in WorkSimpli to Lion Buyer, LLC. This transaction represents a key milestone…View ↗
Loading...
