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Teladoc Health, Inc. (TDOC) Fundamental Analysis & AI Grade 2026

TDOC NYSE Services-Offices & Clinics of Doctors of Medicine DE CIK: 0001477449
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
82% Confidence
N/A
C
82% Conf
Pending
Analysis scheduled

📊 TDOC Key Takeaways

Revenue: $613.8M
Net Margin: -10.4%
Free Cash Flow: $7.9M
Current Ratio: 2.80x
Debt/Equity: 0.03x
EPS: $-0.36
AI Grade: C with 82% confidence
Teladoc Health, Inc. (TDOC) receives a C fundamental grade with 82% confidence from our AI analysis based on SEC 10-K filings. With revenue of $613.8M, net profit margin of -10.4%, and return on equity (ROE) of -4.8%, Teladoc Health, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete TDOC stock analysis for 2026.

Is Teladoc Health, Inc. (TDOC) a Good Investment?

Claude

Teladoc operates at a significant loss with declining revenue and extremely low gross margins (13.7%), indicating fundamental operational challenges in its business model. While the company maintains a fortress balance sheet with $750.7M cash and minimal debt, these reserves are being gradually consumed, providing limited runway for operational turnaround without rapid margin expansion.

Teladoc Health, Inc. Key Strengths (TDOC)

Claude
  • + Strong balance sheet with $750.7M cash and minimal leverage (0.03x debt/equity)
  • + Healthy liquidity ratios (2.80x current, 2.72x quick) providing operational flexibility
  • + Improved EPS by 80.6% YoY suggesting cost reduction initiatives underway

TDOC Stock Risks: Teladoc Health, Inc. Investment Risks

Claude
  • ! Persistent operating losses (-$61.8M) with contracting revenue (-1.5% YoY)
  • ! Critically low gross margin (13.7%) indicates structural unit economics problems or severe pricing pressure
  • ! Barely positive free cash flow ($7.9M or 1.3% FCF margin) is unsustainable given revenue base
  • ! Negative returns on equity (-4.8%) and assets (-2.3%) destroying shareholder value

Key Metrics to Watch

Claude
  • * Gross margin expansion trajectory - must reach 25%+ for profitability pathway
  • * Revenue stabilization and return to growth
  • * Operating cash flow acceleration and path to positive operating income

Teladoc Health, Inc. (TDOC) Financial Metrics & Key Ratios

Revenue
$613.8M
Net Income
$-63.8M
EPS (Diluted)
$-0.36
Free Cash Flow
$7.9M
Total Assets
$2.8B
Cash Position
$750.7M

💡 AI Analyst Insight

The relatively thin 1.3% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.80x current ratio provides a solid financial cushion.

TDOC Profit Margin, ROE & Profitability Analysis

Gross Margin 13.7%
Operating Margin -10.1%
Net Margin -10.4%
ROE -4.8%
ROA -2.3%
FCF Margin 1.3%

TDOC vs Services Sector: How Teladoc Health, Inc. Compares

How Teladoc Health, Inc. compares to Services sector averages

Net Margin
TDOC -10.4%
vs
Sector Avg 10.0%
TDOC Sector
ROE
TDOC -4.8%
vs
Sector Avg 16.0%
TDOC Sector
Current Ratio
TDOC 2.8x
vs
Sector Avg 1.5x
TDOC Sector
Debt/Equity
TDOC 0.0x
vs
Sector Avg 0.7x
TDOC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Teladoc Health, Inc. Stock Overvalued? TDOC Valuation Analysis 2026

Based on fundamental analysis, Teladoc Health, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
-4.8%
Sector avg: 16%
Net Profit Margin
-10.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Teladoc Health, Inc. Balance Sheet: TDOC Debt, Cash & Liquidity

Current Ratio
2.80x
Quick Ratio
2.72x
Debt/Equity
0.03x
Debt/Assets
52.4%
Interest Coverage
-10.71x
Long-term Debt
$42.4M

TDOC Revenue & Earnings Growth: 5-Year Financial Trend

TDOC 5-year financial data: Year 2022: Revenue $2.4B, Net Income -$485.1M, EPS $-5.36. Year 2023: Revenue $2.6B, Net Income -$428.8M, EPS $-2.73. Year 2024: Revenue $2.6B, Net Income -$13.7B, EPS $-84.60. Year 2025: Revenue $2.6B, Net Income -$220.4M, EPS $-1.34.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Teladoc Health, Inc.'s revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $-1.34 indicates the company is currently unprofitable.

TDOC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
1.3%
Free cash flow / Revenue

TDOC Quarterly Earnings & Performance

Quarterly financial performance data for Teladoc Health, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $613.8M -$63.8M $-0.36
Q3 2025 $626.4M -$33.3M $-0.19
Q2 2025 $631.9M -$32.7M $-0.19
Q1 2025 $629.4M -$81.9M $-0.49
Q3 2024 $640.5M -$33.3M $-0.19
Q2 2024 $642.4M -$65.2M $-0.40
Q1 2024 $629.2M -$69.2M $-0.42
Q3 2023 $611.4M -$57.1M $-0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Teladoc Health, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$9.5M
Cash generated from operations
Stock Buybacks
$368.0K
Shares repurchased (TTM)
Capital Expenditures
$1.7M
Investment in assets
Dividends
None
No dividend program

TDOC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Teladoc Health, Inc. (CIK: 0001477449)

📋 Recent SEC Filings

Date Form Document Action
May 21, 2026 4 xslF345X06/wk-form4_1779398065.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779398044.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779398027.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779398014.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779397989.xml View →

Frequently Asked Questions about TDOC

What is the AI rating for TDOC?

Teladoc Health, Inc. (TDOC) has an AI grade of C with 82% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TDOC's key strengths?

Claude: Strong balance sheet with $750.7M cash and minimal leverage (0.03x debt/equity). Healthy liquidity ratios (2.80x current, 2.72x quick) providing operational flexibility.

What are the risks of investing in TDOC?

Claude: Persistent operating losses (-$61.8M) with contracting revenue (-1.5% YoY). Critically low gross margin (13.7%) indicates structural unit economics problems or severe pricing pressure.

What is TDOC's revenue and growth?

Teladoc Health, Inc. reported revenue of $613.8M.

Does TDOC pay dividends?

Teladoc Health, Inc. does not currently pay dividends.

Where can I find TDOC SEC filings?

Official SEC filings for Teladoc Health, Inc. (CIK: 0001477449) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TDOC's EPS?

Teladoc Health, Inc. has a diluted EPS of $-0.36.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TDOC's fundamental grade?

Based on our AI fundamental analysis in June 2026, Teladoc Health, Inc. has a C grade with 82% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TDOC stock overvalued or undervalued?

Valuation metrics for TDOC: ROE of -4.8% (sector avg: 16%), net margin of -10.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is TDOC's AI grade for 2026?

Our dual AI analysis gives Teladoc Health, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TDOC's free cash flow?

Teladoc Health, Inc.'s operating cash flow is $9.5M, with capital expenditures of $1.7M. FCF margin is 1.3%.

How does TDOC compare to other Services stocks?

Vs Services sector averages: Net margin -10.4% (avg: 10%), ROE -4.8% (avg: 16%), current ratio 2.80 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI