Teladoc (TDOC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 29, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

-0.33

Last Year’s EPS

-0.53

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 20 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 25, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presented a balanced picture: solid margin and cash-flow progress, Integrated Care strength, meaningful operational achievements (debt paydown, ISO certification, AI platform) and early encouraging traction in BetterHelp insurance. Offsetting these positives are persistent top-line pressures (full-year revenue down 1.5%), a notable decline and margin compression at BetterHelp, transitional headwinds from subscription-to-visit shifts, membership risks from policy changes, and some macro/tariff and financing uncertainties. Guidance for 2026 is roughly stable at the midpoint with modest EBITDA growth, reflecting both the progress and remaining execution risks.

Company Guidance

Teladoc guided 2026 consolidated revenue of $2.47B–$2.59B (midpoint roughly flat vs. 2025) and consolidated adjusted EBITDA of $266M–$308M (≈+2% YoY at midpoint), with full‑year free cash flow of $130M–$170M and stock‑based compensation expected below $60M (≥$20M decline vs. 2025). For Q1, consolidated revenue is guided to $598M–$620M and adjusted EBITDA to $50M–$62M; they expect the year to be slightly back‑loaded. Integrated Care revenue is expected to grow 0.4%–3.9% (midpoint includes ~60 bps M&A tailwind), with a full‑year adjusted EBITDA margin of 15.1%–16.1% (≈+45 bps vs. 2025) and year‑end U.S. members of 97M–100M; Q1 Integrated Care revenue is guided down 1.2% to up 2.0% YoY (including ~155 bps benefit from Catapult/TeleCare) with a Q1 margin of 12.5%–14.0%. BetterHelp revenue is guided down 7% to down 0.5% YoY, with insurance revenue targeted at $75M–$90M in 2026 (exiting the year at an annualized run rate of >$100M); BetterHelp Q1 revenue is guided down 11.25% to down 7% with Q1 insurance revenue of $10M–$13M, and full‑year BetterHelp adjusted EBITDA margin of 3.0%–4.6% (Q1: 0.75%–2.75%), while ad spend is expected to be down mid‑ to high‑single digits vs. 2025. Additional assumptions: visit revenue now >50% of U.S. Virtual Care, a $5M–$7M tariff headwind for Integrated Care (vs. $3M in 2025), and guidance assumes no specific change to debt structure (2027 convertible notes remain outstanding).

Q4 Consolidated Results and Profitability

Q4 consolidated revenue of $642M was slightly higher year-over-year; Q4 adjusted EBITDA was $84M, representing a 13% margin, modestly above the midpoint of guidance.

Full-Year Adjusted EBITDA and Free Cash Flow

Full-year adjusted EBITDA of $281M (11.1% margin) and full-year free cash flow of $167M demonstrate positive cash generation and profitability progress despite a net loss on a GAAP basis.

Strong Integrated Care Performance

Integrated Care Q4 revenue of $409M grew 4.7% YoY; Q4 adjusted EBITDA rose 23% YoY to $65M with a 16% segment margin. Full-year segment revenue grew 3.3% to $1.58B and adjusted EBITDA increased 2.7% to $239M.

Chronic Care and Membership Momentum

Chronic Care enrollment was 1.19M at quarter end (+2% sequentially). U.S. integrated care membership finished the quarter at 101.8M members, providing a large cross-sell addressable base.

Balance Sheet Strength and Debt Reduction

Ended 2025 with $781M in cash after retiring $550M of convertible debt in June; net debt to trailing Q4 adjusted EBITDA was under 0.8x at year-end, improving leverage metrics.

BetterHelp Insurance Traction

BetterHelp insurance sessions exceed 1,200 per day with an annualized revenue run rate >$40M; company expects 2026 insurance revenue of $75M–$90M and an exit run rate >$100M, indicating strong early traction.

Operational and Quality Milestones

Achieved ISO 9001 certification for key U.S. Integrated Care processes; launched Teladoc Health Pulse data & AI platform and enhanced 24/7 care offering to drive care quality and scale.

International Growth and Strategic Partnerships

Integrated Care and BetterHelp international revenue grew in mid-teens/double-digits (constant currency); BetterHelp non-U.S. revenue was nearly 24% of segment revenue. Partnerships include AARP exclusivity and Walmart collaboration, and localized launches in multiple European markets.

2026 Financial Guidance Shows Stability

2026 consolidated revenue guidance $2.47B–$2.59B (midpoint roughly flat with 2025); consolidated adjusted EBITDA guidance $266M–$308M (midpoint ~2% YoY growth). Stock-based comp projected below $60M (at least $20M YoY reduction).

Teladoc (TDOC) 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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TDOC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 29, 2026	2026 (Q1)	-0.33 / -	-0.53	―	―	―
Feb 25, 2026	2025 (Q4)	-0.18 / -0.14	-0.28	50.00% (+0.14)
Oct 29, 2025	2025 (Q3)	-0.26 / -0.28	-0.19	-47.37% (-0.09)
Jul 29, 2025	2025 (Q2)	-0.26 / -0.19	-4.92	96.14% (+4.73)
Apr 30, 2025	2025 (Q1)	-0.34 / -0.53	-0.49	-8.16% (-0.04)
Feb 26, 2025	2024 (Q4)	-0.26 / -0.28	-0.17	-64.71% (-0.11)
Oct 30, 2024	2024 (Q3)	-0.28 / -0.19	-0.35	45.71% (+0.16)
Jul 31, 2024	2024 (Q2)	-0.34 / -4.92	-0.4	-1130.00% (-4.52)
Apr 25, 2024	2024 (Q1)	-0.46 / -0.49	-0.42	-16.67% (-0.07)
Feb 20, 2024	2023 (Q4)	-0.22 / -0.17	-23.49	99.28% (+23.32)

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

TDOC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 25, 2026	$4.65	$5.35	+15.05%
Oct 29, 2025	$8.23	$8.74	+6.20%
Jul 29, 2025	$7.53	$7.40	-1.73%
Apr 30, 2025	$7.19	$6.99	-2.78%

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.