MEDIFAST INC
For the period ended Sep 30, 2026. Filed Oct 26, 2026.
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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, 2026 · Filed Oct 26, 2026
MED$13.37+4.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. – Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(U.S. dollars in thousands, except per share amounts)
| Three months ended September 30, · Nine months ended September 30, | |||||||
|---|---|---|---|---|---|---|---|
| 2026 · 2025 · 2026 · 2025 | |||||||
| Revenue | $72,048 | $89,409 | $224,476 | $310,692 | |||
| Cost of sales | 22,008 | 27,250 | 69,284 | 87,645 | |||
| Gross profit | 50,040 | 62,159 | 155,192 | 223,047 | |||
| Selling, general, and administrative | 69,398 | 66,240 | 182,172 | 229,457 | |||
| Loss from operations | (19,358) | (4,081) | (26,980) | (6,410) | |||
| Other income | |||||||
| Interest income | 1,508 | 1,426 | 4,233 | 4,096 | |||
| Other income (expense) | 15 | (2) | (21) | 3,057 | |||
| 1,523 | 1,424 | 4,212 | 7,153 | ||||
| Income (loss) before provision for income taxes | (17,835) | (2,657) | (22,768) | 743 | |||
| Provision (benefit) for income taxes | (324) | (396) | (35) | 1,296 | |||
| Net loss | $(17,511) | $(2,261) | $(22,733) | $(553) | |||
| Loss per share - basic | $(1.57) | $(0.21) | $(2.05) | $(0.05) | |||
| Loss per share - diluted | $(1.57) | $(0.21) | $(2.05) | $(0.05) | |||
| Weighted average shares outstanding | |||||||
| Basic | 11,181 | 10,991 | 11,108 | 10,977 | |||
| Diluted | 11,181 | 10,991 | 11,108 | 10,977 | |||
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net loss | $(17,511) | $(2,261) | $(22,733) | $(553) |
| Other comprehensive income (loss), net of tax: | ||||
| Unrealized net gains (losses) on investment securities | (428) | 41 | (651) | 40 |
| Comprehensive loss | $(17,939) | $(2,220) | $(23,384) | $(513) |
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