Medifast Inc. MED

What this company does

Medifast develops and markets products for consumers who want to lose weight and adopt a holistic approach to overall health and wellness. Its coaches are independent contractors, not employees, who support clients and market its products and services to friends, family and other people in their communities, primarily through word-of-mouth, email and social media channels. For the quarter ended December 31, 2025, the company had a network of approximately 16,100 active earning independent coaches. As of December 31, 2025, it employed 380 team members, all in the United States, of whom 173 were engaged in manufacturing, logistics and supply chain support, and 207 in marketing, administrative and corporate support functions. No single customer accounted for 10% or more of its consolidated revenue for the year ended December 31, 2025. Operations are conducted through the wholly owned subsidiaries Jason Pharmaceuticals, Inc., OPTAVIA LLC, Jason Enterprises, Inc., Jason Properties, LLC, OPTAVIA (Hong Kong) Limited, and OPTAVIA Health Consultation (Shanghai) Co., Ltd. Jason Pharmaceuticals, Inc., a wholly-owned subsidiary with a manufacturing facility in Owings Mills, Maryland, manufactures the company's products and accounts for approximately 40% of total unit sales. The products underlying the remaining 60% of total unit sales are manufactured by co-manufacturers in accordance with Medifast proprietary formulas and manufacturing standards.

Written from the business description in Medifast, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.