Medifast (MED) reported second-quarter 2026 revenue of $76.4 million, down 27.6% from $105.6 million in the prior-year period. The company posted a net loss of $3.1 million, or $0.28 per diluted share.
The company said it ended the quarter with $169.8 million in cash, cash equivalents and investment securities and no debt. For the third quarter, Medifast expects revenue of $60 million to $80 million and a loss per share of $0.15 to $0.65, excluding one-time costs tied to Catalyst initiatives.
- Revenue $76.4 million, compared with $105.6 million a year earlier.
- Net loss $3.1 million, compared with net income of $2.5 million in the prior-year quarter.
- Diluted EPS Loss of $0.28, compared with earnings of $0.22 a year earlier.
- Active earning coaches 11,700, down 48.7% from 22,800 in the second quarter of 2025.
- Full-year outlook Revenue of $270 million to $300 million and loss per share of $0.25 to $1.75.
$MED Insider Trading Activity
$MED insiders have traded $MED stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MED stock by insiders over the last 6 months:
- DANIEL R CHARD (Chairman & CEO) purchased 17,678 shares for an estimated $178,724
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MED Hedge Fund Activity
We have seen 57 institutional investors add shares of $MED stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STEAMBOAT CAPITAL PARTNERS, LLC added 431,176 shares (+156.0%) to their portfolio in Q1 2026, for an estimated $4,393,683
- TWO SIGMA INVESTMENTS, LP added 257,818 shares (+320.9%) to their portfolio in Q1 2026, for an estimated $2,627,165
- ACADIAN ASSET MANAGEMENT LLC removed 157,778 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,607,757
- LIDO ADVISORS, LLC removed 147,668 shares (-44.7%) from their portfolio in Q1 2026, for an estimated $1,504,736
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 145,290 shares (-18.7%) from their portfolio in Q1 2026, for an estimated $1,480,505
- JANE STREET GROUP, LLC added 126,407 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,288,087
- COMMONS CAPITAL, LLC added 111,916 shares (+294.5%) to their portfolio in Q2 2026, for an estimated $1,187,428
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
