---
schema_version: "secwatch.filing_event.v1"
accession: "0001477449-26-000036"
form_type: "8-K"
ticker: "TDOC"
cik: "0001477449"
company_name: "Teladoc Health, Inc."
filed_at: "2026-07-29T20:05:47+00:00"
generated_at: "2026-07-29T20:07:37.283429+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Teladoc Q2 revenue down 4% to $606.9M; BetterHelp segment revenue falls 12%

## Summary
- Net loss of $38.9M ($0.21 per share) vs $32.7M loss a year ago; adjusted EBITDA $65.7M, down 5%.
- Integrated Care revenue +1% to $394.3M; BetterHelp revenue -12% to $212.6M on cash pay pressure.
- BetterHelp insurance rollout accelerated; cash pay decline exceeded prior assumptions, lowering segment outlook.
- Full year 2026 guidance: revenue $2,362-$2,447M, adjusted EBITDA $271-$303M; Q3 revenue $569-$609M.
- Free cash flow Q2 $35.7M vs $61.2M a year ago; full year FCF guidance $130-$170M.

## SEC filing metadata
- accession: 0001477449-26-000036
- form_type: 8-K
- ticker: TDOC
- cik: 0001477449
- company_name: Teladoc Health, Inc.
- filed_at: 2026-07-29T20:05:47+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477449/000147744926000036/0001477449-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477449/000147744926000036/tdoc-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477449-26-000036
- JSON: https://secwatch.observer/filing/0001477449-26-000036.json
- Plain text: https://secwatch.observer/filing/0001477449-26-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.