secwatch.observer — SEC 8-K summary
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Issuer:     Teladoc Health, Inc. (TDOC)
CIK:        0001477449
Form:       8-K
Filed at:   2026-07-29T20:05:47+00:00
Accession:  0001477449-26-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477449/000147744926000036/0001477449-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477449/000147744926000036/tdoc-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001477449-26-000036

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