Company Analysis

Medifast, Inc. (MED)

NYSE: MED · Miscellaneous Food Preparations & Kindred Products · Baltimore, MD · filing with the SEC since 1996
Grade4.3
◀ Past 4.4● Present 4.1▶ Future 4.4

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 17, 2026Feb 18, 2025Feb 20, 2024Feb 21, 2023Feb 23, 2022Feb 26, 2021Mar 2, 2020Mar 1, 2019Mar 16, 2018Mar 16, 2017
Revenue385,788602,4631,072,0541,598,5771,526,087934,842713,672501,003301,563274,534
Cost of revenue110,601157,840296,204458,163398,490237,027176,814121,10473,75168,870
Gross profit275,187444,623775,8501,140,4141,127,597697,815536,858379,899227,812205,664
Research and development4,3004,6004,6004,5004,4002,8002,7002,2001,5002,000
Selling, general and administrative289,400441,745649,448955,608911,356563,656445,819310,836188,180178,805
Operating income-14,2132,878126,402184,806216,241134,15991,03969,06339,63226,859
Interest income (expense), net5,5164,8042,490-701-2312461,2951,306558283
Other income (expense), net3,058-3,895-95-46119-14029179136-20
Total non-operating income (expense)8,5749092,395-747-1121061,3241,485694263
Income before income taxes-5,6393,787128,797184,059216,129134,26592,36370,54840,32627,122
Income tax expense13,0331,69629,38240,49152,09831,40614,44714,75912,6059,287
Income from continuing operations·······55,78927,72117,835
Net income-18,6722,09199,415143,568164,031102,85977,91655,78927,72117,835
Earnings per share, basic-1.700.199.1312.8214.018.746.624.672.321.51
Earnings per share, diluted-1.700.199.1012.7313.898.686.434.622.291.49
Weighted average shares, basic10,98110,93010,88411,19511,70511,77111,77111,94711,92411,842
Weighted average shares, diluted10,98110,96310,92111,27611,81311,85012,11712,07912,08811,947
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MED · research, not advice