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Medifast Announces First Quarter 2026 Financial Results

$MEDPress releaseMay 4, 2026, 4:05 PM ETRead the release

Medifast reported Q1 2026 revenue of $76.0 million, down 34.3% year-over-year, with a net loss of $0.19 per share compared to a $0.07 loss in the prior year. The decline was driven by a 44.9% drop in active earning coaches to 14,000, attributed to client acquisition challenges and competition from GLP-1 weight-loss medications.

Key figures

Guidance
Q2 2026 revenue $60M-$80M, loss per share $0.50-$1.00; FY 2026 revenue $270M-$300M, loss per share $1.55-$2.75
Revenue Yoy
-34.3%

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