The earnings call presented a mixed picture: while Medifast reported some positive developments such as exceeding guidance, improving coach productivity, and a strong financial position, these were overshadowed by significant declines in revenue and active coaches, as well as challenges in new coach acquisition. The company's cautious third quarter guidance further indicates ongoing struggles.

Company Guidance

During the Medifast Second Quarter 2025 Earnings Conference Call, the company reported revenue of $105.6 million, a 37.4% decrease compared to the previous year, primarily due to a decline in active earning OPTAVIA coaches, which totaled 22,800, down 32.7% from Q2 2024. Despite this, average revenue per coach increased sequentially for the second consecutive quarter, reaching $4,630, although this was a 6.9% year-over-year decline. Gross profit was $76.6 million with a margin of 72.6%, down 60 basis points year-over-year. SG&A expenses fell 40.8% to $77.7 million due to decreased coach compensation and non-recurring costs from the previous year. The company achieved a net income of $2.5 million or $0.22 per diluted share, compared to a net loss of $8.2 million in the previous year. Looking ahead, Medifast projects Q3 2025 revenue between $70 million and $90 million, with earnings per share ranging from $0.00 to a loss of $0.60. The company has introduced the Premier+ auto ship program and focuses on metabolic health, with plans to announce additional research findings later this year.

Above-Guidance Revenue and EPS

Revenue for the second quarter was $105.6 million, and EPS was $0.22 per diluted share, both above the guidance ranges.

Strong Financial Position

Medifast reported $162.7 million in cash and cash equivalents with no interest-bearing debt as of June 30, 2025.

Sequential Increase in Coach Productivity

Average revenue per coach increased sequentially for the second consecutive quarter, indicating improving productivity.

Improved Loss from Operations

Loss from operations was $1.1 million, an improvement of $6.8 million compared to the year earlier period.

Successful Launch of Premier+ Program

Launched a new pricing and incentive structure for auto ship clients, simplifying the value proposition and expected to encourage longer client retention.

Medifast (MED) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MED Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 24, 2026	2025 (Q4)	- / -	0.1	―	―	―
Aug 04, 2025	2025 (Q2)	-0.19 / 0.40	0.92	-56.41% (-0.52)
Apr 28, 2025	2025 (Q1)	-0.25 / -0.03	0.66	-105.00% (-0.69)
Feb 18, 2025	2024 (Q4)	-0.15 / 0.10	1.09	-90.83% (-0.99)
Nov 04, 2024	2024 (Q3)	-0.19 / 0.35	2.12	-83.49% (-1.77)
Aug 05, 2024	2024 (Q2)	0.39 / 0.92	2.77	-66.79% (-1.85)
Apr 29, 2024	2024 (Q1)	0.80 / 0.66	3.67	-82.02% (-3.01)
Feb 20, 2024	2023 (Q4)	0.96 / 1.09	3.7	-70.54% (-2.61)
Nov 06, 2023	2023 (Q3)	1.06 / 2.12	3.32	-36.14% (-1.20)
Aug 07, 2023	2023 (Q2)	1.44 / 2.77	3.87	-28.42% (-1.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MED Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$13.51	$13.07	-3.26%
Apr 28, 2025	$12.58	$12.50	-0.64%
Feb 18, 2025	$16.13	$14.29	-11.41%
Nov 04, 2024	$18.81	$20.40	+8.45%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Medifast (MED) report earnings?

Medifast (MED) is schdueled to report earning on Feb 24, 2026, After Close (Confirmed).

What is Medifast (MED) earnings time?

Medifast (MED) earnings time is at Feb 24, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is MED EPS forecast?

Currently, no data Available

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