MEDIFAST INC Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1,072M
-32.94%
296M
776M
649M
718M
5M
126M
0M
129M
32M
99M
-30.75%
946M
1M
140M
13M
126M
1,599M
4.75%
458M
1,140M
956M
954M
5M
185M
1M
184M
40M
144M
-12.48%
1,414M
-1M
196M
11M
185M
1,526M
63.25%
398M
1,128M
911M
910M
4M
216M
0M
216M
52M
164M
59.47%
1,310M
0M
223M
7M
216M
935M
30.99%
237M
698M
564M
564M
3M
134M
7M
134M
31M
103M
32.01%
801M
0M
141M
7M
134M
714M
42.45%
177M
537M
446M
446M
3M
91M
6M
92M
14M
78M
39.66%
623M
1M
96M
5M
91M
501M
66.14%
121M
380M
311M
311M
2M
69M
1M
71M
15M
56M
101.25%
432M
1M
73M
4M
69M
302M
9.85%
74M
228M
188M
188M
2M
40M
1M
40M
13M
28M
55.43%
262M
1M
44M
4M
40M
275M
0.65%
69M
206M
179M
179M
2M
27M
0M
27M
9M
18M
-11.08%
248M
0M
32M
0M
27M
273M
-4.39%
71M
201M
173M
173M
2M
29M
1M
30M
10M
20M
52.17%
244M
0M
36M
0M
29M
285M
-20.06%
76M
209M
179M
179M
1M
30M
1M
32M
0M
13M
-45.01%
255M
0M
38M
0M
30M
357M
0.05%
89M
268M
234M
234M
0M
34M
1M
34M
0M
24M
50.98%
323M
0M
45M
0M
34M
357M
19.62%
89M
268M
245M
245M
0M
23M
0M
24M
0M
16M
-14.37%
333M
0M
34M
0M
23M
298M
115,678.17%
74M
224M
197M
197M
0M
27M
0M
28M
0M
19M
94,443.88%
271M
0M
36M
0M
28M
0M
-99.84%
0M
0M
0M
161M
0M
0M
0M
0M
0M
0M
-99.84%
0M
0M
0M
0M
-6M
166M
57.07%
40M
125M
106M
106M
0M
19M
0M
19M
0M
12M
120.11%
146M
0M
19M
0M
14M
105M
25.86%
25M
80M
72M
72M
0M
8M
0M
8M
0M
5M
41.65%
97M
0M
13M
0M
8M
84M
13.08%
21M
62M
57M
57M
0M
6M
0M
6M
0M
4M
-24.50%
78M
0M
9M
0M
6M
74M
84.62%
18M
56M
48M
48M
0M
8M
0M
7M
0M
5M
86.36%
66M
0M
11M
0M
8M
40M
46.78%
10M
30M
26M
26M
0M
4M
0M
4M
0M
3M
56.10%
36M
0M
6M
0M
4M
27M
7.73%
7M
21M
18M
18M
0M
3M
0M
3M
0M
2M
-27.51%
24M
0M
4M
0M
3M
25M
105.58%
7M
19M
15M
15M
0M
4M
0M
4M
0M
2M
-8.12%
22M
0M
4M
0M
3M
12M
145.82%
4M
9M
7M
7M
0M
2M
0M
2M
0M
3M
346.09%
11M
0M
2M
0M
2M
5M
28.84%
2M
3M
2M
2M
0M
1M
0M
1M
0M
1M
-54.87%
4M
0M
1M
0M
1M
4M
-16.19%
2M
2M
2M
2M
0M
0M
0M
0M
0M
1M
-140.82%
3M
0M
1M
0M
0M
5M
-70.75%
2M
2M
4M
4M
0M
-2M
0M
-2M
0M
-3M
236.35%
7M
0M
-2M
0M
-2M
16M
10.72%
10M
6M
7M
7M
0M
-1M
0M
-1M
0M
-1M
-74.33%
17M
0M
-1M
0M
-1M
14M
-12.98%
10M
5M
8M
8M
0M
-3M
0M
-3M
0M
-4M
-1,255.31%
17M
0M
-2M
0M
-3M
17M
-
9M
7M
7M
6M
0M
0M
0M
0M
0M
0M
-1,255.31%
16M
0M
1M
0M
0M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
4Q1996
3Q1996
191M
-43.36%
50M
141M
133M
133M
1M
9M
0M
10M
4M
6M
-77.24%
182M
1M
12M
3M
9M
236M
-39.58%
58M
177M
152M
151M
1M
26M
1M
27M
3M
23M
-36.02%
210M
1M
29M
3M
26M
296M
-34.66%
85M
211M
172M
172M
1M
39M
0M
39M
9M
30M
-22.58%
257M
0M
42M
3M
39M
349M
-16.43%
103M
246M
193M
193M
1M
54M
0M
53M
13M
40M
-4.34%
295M
0M
56M
3M
54M
337M
-10.74%
104M
234M
201M
199M
1M
33M
0M
32M
6M
27M
-22.06%
305M
0M
36M
3M
33M
390M
-5.56%
108M
283M
235M
235M
1M
48M
0M
48M
12M
36M
-13.88%
342M
0M
51M
3M
48M
453M
15.00%
132M
322M
273M
273M
0M
49M
0M
49M
10M
39M
-16.72%
404M
0M
52M
3M
49M
418M
22.58%
115M
302M
247M
247M
0M
55M
0M
55M
13M
42M
1.75%
363M
0M
58M
2M
55M
378M
42.63%
100M
278M
231M
231M
0M
47M
0M
47M
13M
34M
21.54%
331M
0M
47M
0M
47M
413M
52.28%
106M
307M
252M
252M
0M
55M
0M
55M
13M
42M
21.85%
358M
0M
58M
3M
55M
394M
79.18%
100M
294M
232M
232M
0M
61M
0M
61M
14M
47M
114.10%
333M
0M
64M
3M
61M
341M
90.89%
92M
249M
196M
196M
0M
53M
0M
53M
12M
41M
122.24%
288M
0M
55M
2M
53M
265M
55.25%
66M
199M
161M
564M
0M
38M
0M
38M
10M
28M
40.81%
227M
0M
38M
2M
36M
271M
42.83%
67M
204M
159M
159M
0M
45M
0M
45M
10M
34M
116.66%
227M
0M
45M
2M
43M
220M
17.58%
61M
159M
131M
131M
0M
28M
0M
28M
6M
22M
2.58%
192M
0M
28M
2M
26M
178M
7.59%
43M
135M
112M
112M
0M
24M
0M
24M
5M
18M
-10.95%
155M
0M
24M
2M
22M
171M
17.00%
43M
128M
109M
109M
1M
19M
0M
19M
-1M
20M
27.01%
152M
0M
19M
1M
17M
190M
36.50%
47M
143M
123M
123M
1M
20M
0M
21M
5M
16M
15.39%
170M
0M
21M
1M
20M
187M
59.48%
46M
141M
113M
113M
1M
27M
0M
28M
6M
21M
51.30%
160M
0M
27M
1M
26M
166M
68.24%
41M
125M
100M
100M
1M
25M
0M
25M
4M
21M
69.78%
141M
0M
25M
1M
24M
146M
86.96%
37M
109M
89M
89M
2M
20M
0M
20M
0M
16M
114.25%
126M
0M
20M
1M
19M
139M
80.35%
32M
107M
90M
90M
1M
17M
0M
18M
0M
14M
106.12%
122M
0M
18M
1M
17M
117M
54.93%
29M
89M
72M
72M
1M
17M
0M
18M
0M
14M
86.35%
100M
0M
17M
1M
16M
99M
39.61%
24M
75M
60M
60M
0M
15M
0M
15M
0M
12M
98.89%
84M
0M
15M
2M
13M
78M
24.88%
19M
59M
50M
50M
0M
9M
0M
10M
0M
7M
77.63%
69M
0M
9M
1M
8M
77M
12.58%
19M
58M
48M
48M
0M
10M
0M
10M
0M
7M
10.24%
67M
0M
11M
1M
10M
76M
6.44%
18M
58M
46M
46M
0M
11M
0M
11M
0M
8M
123.26%
64M
0M
12M
1M
11M
71M
-2.38%
18M
53M
44M
44M
0M
9M
0M
9M
0M
6M
44.25%
62M
0M
9M
1M
8M
62M
1.88%
15M
47M
40M
40M
1M
7M
0M
7M
0M
4M
6.55%
56M
0M
7M
1M
5M
69M
4.01%
16M
52M
43M
43M
0M
9M
0M
9M
0M
6M
10.15%
60M
0M
9M
1M
8M
71M
-1.41%
18M
53M
48M
48M
1M
5M
0M
5M
0M
3M
-45.63%
66M
0M
5M
1M
4M
72M
-1.39%
19M
53M
47M
47M
1M
6M
0M
6M
0M
4M
-4.14%
66M
0M
6M
2M
5M
61M
-1.59%
16M
45M
40M
40M
2M
6M
0M
6M
0M
4M
-214.85%
56M
0M
6M
2M
4M
66M
-10.89%
17M
49M
41M
41M
0M
8M
0M
8M
0M
6M
13.41%
58M
0M
8M
2M
6M
72M
-10.78%
19M
53M
45M
45M
0M
9M
0M
9M
0M
6M
9.23%
63M
0M
9M
2M
7M
73M
-15.21%
20M
54M
47M
47M
0M
7M
0M
7M
0M
4M
-25.52%
67M
0M
7M
2M
5M
62M
-19.39%
17M
45M
41M
22M
1M
4M
0M
4M
0M
-3M
-163.53%
58M
0M
4M
1M
3M
74M
-14.44%
19M
55M
49M
49M
0M
6M
0M
7M
0M
5M
-14.42%
68M
0M
6M
2M
4M
81M
-16.68%
21M
60M
53M
53M
0M
7M
0M
9M
0M
6M
-19.13%
73M
0M
10M
3M
7M
87M
-9.91%
23M
64M
55M
55M
0M
9M
0M
9M
0M
6M
0.57%
78M
0M
9M
3M
6M
77M
-7.15%
20M
58M
51M
51M
0M
7M
0M
7M
0M
5M
183.65%
70M
0M
10M
3M
7M
86M
-4.93%
22M
65M
58M
58M
0M
7M
0M
8M
0M
6M
-21.30%
79M
0M
7M
3M
5M
97M
3.74%
24M
73M
62M
62M
0M
11M
0M
11M
0M
7M
151.44%
86M
0M
11M
3M
8M
96M
8.01%
24M
72M
64M
64M
0M
9M
0M
9M
0M
6M
48.70%
87M
0M
11M
3M
9M
83M
19.65%
20M
63M
59M
59M
0M
4M
0M
4M
0M
2M
59.54%
80M
0M
4M
3M
1M
91M
19.59%
23M
68M
59M
59M
0M
9M
0M
9M
0M
7M
42.20%
82M
0M
12M
3M
9M
94M
19.57%
23M
70M
66M
66M
0M
5M
0M
6M
0M
3M
-52.67%
89M
0M
7M
3M
4M
89M
41.09%
22M
67M
61M
61M
0M
6M
0M
6M
0M
4M
16.60%
83M
0M
8M
2M
6M
70M
10.39%
17M
52M
51M
51M
0M
2M
0M
1M
0M
1M
-65.84%
68M
0M
5M
3M
2M
76M
13.06%
20M
56M
50M
50M
0M
7M
0M
7M
0M
5M
-11.86%
69M
0M
9M
2M
7M
78M
17.39%
19M
59M
50M
50M
0M
9M
0M
9M
0M
6M
7.33%
69M
0M
11M
2M
9M
63M
4.03%
16M
47M
42M
47M
0M
5M
0M
5M
0M
3M
-30.18%
58M
0M
7M
2M
5M
63M
36.36%
16M
47M
42M
42M
0M
5M
0M
5M
0M
3M
12.38%
58M
0M
7M
2M
5M
67M
49.50%
17M
50M
41M
41M
0M
9M
0M
9M
0M
6M
67.47%
58M
0M
11M
1M
9M
67M
63.73%
17M
49M
40M
40M
0M
9M
0M
9M
0M
6M
84.66%
57M
0M
11M
1M
9M
61M
79.88%
15M
46M
38M
38M
0M
8M
0M
8M
0M
5M
97.22%
52M
0M
10M
1M
8M
46M
81.55%
12M
35M
30M
30M
0M
5M
0M
5M
0M
3M
220.86%
41M
0M
6M
1M
5M
45M
64.97%
11M
34M
29M
29M
0M
6M
0M
6M
0M
3M
121.69%
39M
0M
7M
1M
6M
41M
47.85%
10M
31M
26M
26M
0M
5M
0M
5M
0M
3M
90.78%
36M
0M
6M
1M
5M
34M
33.82%
8M
26M
22M
22M
0M
4M
0M
4M
0M
2M
82.05%
30M
0M
5M
1M
4M
25M
28.55%
6M
19M
18M
18M
0M
1M
0M
1M
0M
1M
57.64%
24M
0M
3M
1M
1M
27M
24.88%
7M
21M
18M
18M
0M
2M
0M
2M
0M
2M
62.37%
25M
0M
4M
1M
2M
28M
24.94%
7M
21M
18M
18M
0M
2M
0M
2M
0M
2M
72.94%
25M
0M
4M
1M
2M
25M
25.29%
6M
19M
17M
17M
0M
2M
0M
2M
0M
1M
-4.01%
23M
0M
3M
1M
2M
20M
29.38%
6M
14M
13M
13M
0M
1M
0M
1M
0M
1M
35.89%
19M
0M
2M
1M
1M
22M
11.22%
6M
16M
15M
15M
0M
2M
0M
1M
0M
1M
-35.97%
20M
0M
2M
1M
2M
22M
10.46%
5M
17M
15M
15M
0M
1M
0M
1M
0M
1M
-38.37%
21M
0M
2M
1M
1M
20M
4.72%
5M
15M
13M
13M
0M
2M
0M
2M
0M
1M
-16.06%
18M
0M
3M
1M
2M
15M
49.13%
4M
11M
33M
11M
0M
1M
0M
0M
0M
0M
-47.82%
37M
0M
-21M
1M
-21M
20M
78.81%
5M
15M
13M
13M
0M
2M
0M
2M
0M
1M
141.49%
18M
0M
2M
1M
2M
20M
89.05%
5M
15M
13M
13M
0M
3M
0M
2M
0M
1M
95.88%
17M
0M
3M
1M
3M
19M
130.40%
5M
14M
11M
11M
0M
3M
0M
3M
0M
2M
234.12%
16M
0M
4M
1M
3M
10M
74.03%
3M
7M
7M
7M
0M
1M
0M
1M
0M
1M
2,325.71%
10M
0M
1M
0M
1M
11M
51.14%
3M
8M
7M
7M
0M
1M
0M
1M
0M
1M
57.80%
10M
0M
2M
0M
1M
11M
43.47%
3M
8M
7M
7M
0M
1M
0M
1M
0M
1M
11.72%
9M
0M
2M
0M
1M
8M
22.14%
2M
6M
5M
5M
0M
1M
0M
1M
0M
1M
-21.64%
7M
0M
1M
0M
1M
6M
0.99%
2M
4M
4M
4M
0M
1M
0M
1M
0M
0M
-91.95%
5M
0M
1M
0M
1M
7M
7.28%
2M
5M
5M
5M
0M
1M
0M
1M
0M
0M
-24.81%
7M
0M
1M
0M
1M
7M
14.65%
2M
5M
4M
4M
0M
1M
0M
1M
0M
1M
14.04%
6M
0M
1M
0M
1M
7M
7.41%
1M
5M
5M
5M
0M
1M
0M
1M
0M
1M
-25.12%
6M
0M
1M
0M
1M
6M
30.15%
2M
4M
4M
4M
0M
0M
0M
1M
0M
0M
202.08%
5M
0M
1M
0M
0M
7M
121.55%
2M
5M
4M
4M
0M
1M
0M
1M
0M
1M
-66.30%
6M
0M
1M
0M
1M
6M
111.92%
2M
5M
4M
4M
0M
1M
0M
1M
0M
1M
-12.31%
5M
0M
1M
0M
1M
6M
258.18%
2M
5M
3M
3M
0M
1M
0M
1M
0M
1M
229.77%
5M
0M
2M
0M
1M
4M
291.88%
1M
3M
3M
3M
0M
0M
0M
0M
0M
0M
554.55%
4M
0M
0M
0M
0M
3M
150.45%
1M
2M
1M
1M
0M
1M
0M
1M
0M
2M
1,042.96%
2M
0M
1M
0M
1M
3M
127.33%
1M
2M
1M
1M
0M
1M
0M
1M
0M
1M
323.90%
2M
0M
1M
0M
1M
2M
33.84%
1M
1M
1M
1M
0M
0M
0M
0M
0M
0M
-3.68%
1M
0M
0M
0M
0M
1M
26.95%
1M
1M
1M
1M
0M
0M
0M
0M
0M
0M
-96.41%
1M
0M
0M
0M
0M
1M
12.00%
0M
1M
1M
1M
0M
0M
0M
0M
0M
0M
-17.00%
1M
0M
0M
0M
0M
1M
43.09%
1M
1M
1M
1M
0M
0M
0M
0M
0M
0M
-33.54%
1M
0M
0M
0M
0M
1M
65.50%
1M
1M
0M
0M
0M
0M
0M
0M
0M
0M
36.00%
1M
0M
0M
0M
0M
1M
12.74%
0M
0M
0M
0M
0M
0M
0M
-1M
0M
1M
206.56%
1M
0M
1M
0M
1M
1M
21.13%
1M
1M
1M
0M
0M
0M
0M
0M
0M
0M
-109.57%
1M
0M
0M
0M
0M
1M
-65.52%
0M
1M
1M
1M
0M
0M
0M
0M
0M
0M
-126.58%
1M
0M
0M
0M
0M
1M
-52.94%
0M
1M
0M
0M
0M
0M
0M
1M
0M
0M
-125.00%
1M
0M
0M
0M
0M
1M
-52.94%
0M
1M
0M
0M
0M
0M
0M
1M
0M
0M
-125.00%
1M
0M
0M
0M
0M
1M
-55.00%
1M
0M
2M
2M
0M
-2M
0M
-2M
0M
-2M
-440.00%
3M
0M
-2M
0M
-2M
3M
-
2M
1M
2M
2M
0M
-1M
0M
-1M
0M
-1M
-440.00%
3M
0M
-1M
0M
-1M
2M
-26.09%
1M
1M
1M
1M
0M
0M
0M
0M
0M
-1M
-70.37%
2M
0M
-1M
0M
-1M
2M
-26.09%
1M
1M
1M
1M
0M
0M
0M
0M
0M
-1M
-70.37%
2M
0M
-1M
0M
-1M
2M
-39.39%
1M
1M
1M
1M
0M
1M
0M
0M
0M
1M
-183.33%
2M
0M
0M
0M
1M
-1M
-115.56%
-1M
0M
0M
0M
0M
0M
0M
1M
0M
0M
-100.00%
1M
0M
1M
0M
0M
2M
-39.47%
2M
0M
2M
2M
0M
-2M
0M
-2M
0M
-3M
-2,800.00%
5M
0M
-2M
0M
-2M
2M
-39.47%
2M
0M
2M
2M
0M
-2M
0M
-2M
0M
-3M
-2,800.00%
5M
0M
-2M
0M
-2M
3M
-25.00%
2M
1M
2M
2M
0M
-1M
0M
-1M
0M
-1M
-400.00%
4M
0M
-1M
0M
-1M
5M
-
3M
2M
2M
2M
0M
0M
0M
0M
0M
0M
-400.00%
5M
0M
0M
0M
0M
4M
-
2M
2M
2M
2M
0M
0M
0M
0M
0M
0M
-400.00%
4M
0M
0M
0M
0M
4M
-
2M
2M
2M
2M
0M
0M
0M
0M
0M
0M
-400.00%
4M
0M
0M
0M
0M
4M
-
2M
2M
2M
2M
0M
0M
0M
0M
0M
0M
-400.00%
4M
0M
0M
0M
0M