Teladoc Health advertising spend, FY2025
Teladoc Health (TDOC) reported $546M of advertising expense for the fiscal year ended Dec 31, 2025. That is 21.6% of revenue of $2.5B. Down 8.2% from FY2024.
Key facts
- The highest year on file is FY2023 at $614M; FY2025 is 11% below it.
- Largest increase +188.3% in FY2015; largest cut -8.2% in FY2025.
- Ad spend has fallen 2 years in a row.
- Ad spend is 21.6% of revenue, up from 15.1% in FY2020.
- Teladoc Health spends more on advertising than 65% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 4.2x the median of 5.2%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $546M | -8.2% | $2.5B | 21.6% | AdvertisingExpense | 10-K Feb 26, 2026 |
| FY2024 | Dec 31, 2024 | $594M | -3.2% | $2.6B | 23.1% | AdvertisingExpense | 10-K Feb 26, 2026 |
| FY2023 | Dec 31, 2023 | $614M | +21.8% | $2.6B | 23.6% | AdvertisingExpense | 10-K Feb 26, 2026 |
| FY2022 | Dec 31, 2022 | $504M | +69.7% | $2.4B | 20.9% | AdvertisingExpense | 10-K Feb 27, 2025 |
| FY2021 | Dec 31, 2021 | $297M | +80.0% | $2B | 14.6% | AdvertisingExpense | 10-K Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | $165M | +85.8% | $1.1B | 15.1% | AdvertisingExpense | 10-K Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $88.8M | +25.8% | $553M | 16.0% | AdvertisingExpense | 10-K Feb 28, 2022 |
| FY2018 | Dec 31, 2018 | $70.6M | +56.5% | $418M | 16.9% | AdvertisingExpense | 10-K Mar 1, 2021 |
| FY2017 | Dec 31, 2017 | $45.1M | +52.9% | $233M | 19.3% | AdvertisingExpense | 10-K Feb 26, 2020 |
| FY2016 | Dec 31, 2016 | $29.5M | +70.5% | $123M | 24.0% | AdvertisingExpense | 10-K Feb 27, 2019 |
| FY2015 | Dec 31, 2015 | $17.3M | +188.3% | $77.4M | 22.4% | AdvertisingExpense | 10-K Feb 27, 2018 |
| FY2014 | Dec 31, 2014 | $6M | +100.0% | $43.5M | 13.8% | AdvertisingExpense | 10-K Mar 1, 2017 |
| FY2013 | Dec 31, 2013 | $3M | n/a | $19.9M | 15.1% | AdvertisingExpense | 10-K Mar 3, 2016 |
What the figure is
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Compared with similar spenders
The 6 companies closest to Teladoc Health in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 115 | Domino's Pizza | $559M | 11.3% | +9.7% | FY2025 |
| 116 | Signet Jewelers | $555M | 8.1% | -0.9% | FY2026 |
| 117 | Williams-Sonoma | $553M | 7.1% | -2.7% | FY2026 |
| 118 | Match Group | $550M | 15.8% | +0.7% | FY2025 |
| 119 | Teladoc Health | $546M | 21.6% | -8.2% | FY2025 |
| 120 | News Corp | $545M | 6.0% | +7.9% | FY2026 |
| 121 | Albertsons Companies | $525M | 0.6% | -1.0% | FY2026 |
Full ranking of 336 companies · Biggest cuts #37 · Highest ad-to-revenue #31
Questions
How much does Teladoc Health spend on advertising?
Teladoc Health spent $546M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 26, 2026.
What percentage of revenue does Teladoc Health spend on advertising?
21.6% of revenue in fiscal 2025 ($546M of $2.5B). The median across the 336 companies tracked is 5.2%.
Is Teladoc Health spending more on advertising?
No. Ad spend fell 8.2% in fiscal 2025 from fiscal 2024. It has fallen 2 years in a row.
How does Teladoc Health rank by advertising spend?
#119 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does Teladoc Health's advertising figure include?
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Source
- Filing
- 10-K for FY2025, filed Feb 26, 2026
- Accession number
0001477449-26-000012- Company
- Teladoc Health, Inc., CIK 1477449, SIC 8011 (Services-Offices & Clinics of Doctors of Medicine)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Teladoc Health advertising spend, FY2013-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 26, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/teladoc-health/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies