Teladoc (TDOC) Q3 2026 Earnings Call Transcript

Teladoc (TDOC) reported third-quarter 2026 results showing pressure in cash-pay while insurance and chronic care grew. Revenue was $605.1 million, down 3% year over year, as cash-pay headwinds offset insurance gains. Adjusted EBITDA rose 14% to $79.4 million, exceeding the top end of management guidance, while the company posted a net loss of $26.9 million (or $0.15 per share), better than the $49.5 million loss a year earlier. Integrated Care revenue climbed 2% to $398.5 million, driven by double-digit international growth and chronic care adoption. BetterHelp revenue fell 13% to $206.6 million, though BetterHelp Insurance revenue increased to $32.1 million.