MEDIFAST INC
For the period ended Sep 30, 2025. Filed Nov 3, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 3, 2025
MED$12.81+0.6%Stored close · as of Nov 6, 2026
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Item 1. – Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(U.S. dollars in thousands, except per share amounts & dividend data)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $89,409 | $140,163 | $310,692 | $483,460 |
| Cost of sales | 27,250 | 34,489 | 87,645 | 127,056 |
| Gross profit | 62,159 | 105,674 | 223,047 | 356,404 |
| Selling, general, and administrative | 66,240 | 103,568 | 229,457 | 354,235 |
| Income (loss) from operations | (4,081) | 2,106 | (6,410) | 2,169 |
| Other income (expense) | ||||
| Interest income | 1,426 | 1,333 | 4,096 | 3,851 |
| Other income (expense) | (2) | (1,861) | 3,057 | (3,508) |
| 1,424 | (528) | 7,153 | 343 | |
| Income (loss) before provision for income taxes | (2,657) | 1,578 | 743 | 2,512 |
| Provision (benefit) for income taxes | (396) | 449 | 1,296 | 1,222 |
| Net income (loss) | $(2,261) | $1,129 | $(553) | $1,290 |
| Earnings (loss) per share - basic | $(0.21) | $0.10 | $(0.05) | $0.12 |
| Earnings (loss) per share - diluted | $(0.21) | $0.10 | $(0.05) | $0.12 |
| Weighted average shares outstanding | ||||
| Basic | 10,991 | 10,937 | 10,977 | 10,928 |
| Diluted | 10,991 | 10,971 | 10,977 | 10,959 |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)
(U.S. dollars in thousands)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net income (loss) | $(2,261) | $1,129 | $(553) | $1,290 |
| Other comprehensive income, net of tax: | ||||
| Foreign currency translation | — | 4 | — | 47 |
| Unrealized net gains on investment securities | 41 | 319 | 40 | 54 |
| 41 | 323 | 40 | 101 | |
| Comprehensive income (loss) | $(2,220) | $1,452 | $(513) | $1,391 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.