OUR COMPANY
We’re the Global Company Behind OPTAVIA
Medifast is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA, which offers scientifically developed products, clinically proven plans and the support of independent OPTAVIA Coaches to help Customers achieve Lifelong Transformation, One Healthy Habit at a Time.
OUR APPROACH
2 Million Lives Impacted
Medifast has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Today, we are the market leader, by revenue, in the United States $7 billion weight management industry and publicly traded under MED on the New York Stock Exchange.
OUR APPROACH
2 Million Lives Impacted
Medifast has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Today, we are the market leader, by revenue, in the United States $7 billion weight management industry and publicly traded under MED on the New York Stock Exchange.
LEADERSHIP
“We’re a mission-driven organization that is making a real difference. In partnership with our independent OPTAVIA Coaches, we’re leading a global movement that’s changing the paradigm of health and wellness as we know it. People are craving a holistic, supportive approach to managing health and wellbeing, and our Coaches are delivering just that.”
— Dan Chard, Chairman and Chief Executive Officer
LEADERSHIP
“We’re a mission-driven organization that is making a real difference. In partnership with our independent OPTAVIA Coaches, we’re leading a global movement that’s changing the paradigm of health and wellness as we know it. People are craving a holistic, supportive approach to managing health and wellbeing, and our Coaches are delivering just that.”
— Dan Chard, Chairman and Chief Executive Officer
Company Performance
Full Year 2021 Highlights
2021 was a record year for $MED, marked by strong financial performance, as we continued to demonstrate the power of our Coach-centric model. With this momentum, the company became the market leader by dollar share in weight management in the U.S.
Company Performance
Full Year 2022 Guidance
What’s next? We have a strong, experienced leadership team and a team of employees who continue to show passion for and commitment to our important mission.
Company Performance
Q1 2022 Growth
In Q1, $MED saw continued significant growth in all key underlying metrics driven by the strength of our business model. Revenue increased 22.6% YoY to $417.6 million in Q1 – a new record.



AT A GLANCE
A Differentiated and Unique Model Centered on Independent OPTAVIA Coaches
YEARS OF EXPERIENCE
40+ years
Backed by more than 40 years of experience, clinically proven plans, innovative products and a powerful integrated Coach model, Medifast is the publicly traded market leader by revenue in the U.S. $7 billion weight management industry. Our business model is differentiated and unique — a scalable Coach-based approach that drives both program effectiveness and company growth.
LIVES IMPACTED
2 million +
OPTAVIA Coaches have impacted more than 2 million lives, supporting Clients in their journeys to optimal health and wellbeing.
HEALTHCARE RECOMMENDATIONS
Thousands
As a leader in the health and wellness industry, our clinically proven plans and scientifically designed products have been recommended to patients for decades.
ACTIVE EARNING COACHES
63,900+
We ended the quarter with a record of nearly 64,000 active earning Coaches supporting over one million Customers each year.
Medifast is founded, having created a proprietary formula for meal replacements distributed exclusively through doctors.
As a testament to its significant growth and success, the company goes public for the first time on the American Stock Exchange (AMEX). In 2006, Medifast joins the New York Stock Exchange (NYSE) as it continues to grow in sales and earnings.
Medifast launches the 5 & 1 Plan along with the Lean & Green meal that offers an endless variety of protein and fresh veggie options to help Clients reach optimal health in delicious, new ways. The clinically proven Plan and scientifically designed products were developed by physicians, dietitians and scientists.
With Dr. A’s Habits of Health Transformational System, Clients learn to create healthy habits through small, daily changes called microHabits – often starting with achieving a healthy weight and focusing on healthy eating. It isn’t only about the food you eat, though. The program also addresses hydration, exercise, sleep, mindfulness and surroundings – with the goal of healthy habit creation in all areas of life.
Medifast announces plans to expand OPTAVIA into Hong Kong and Singapore, giving independent OPTAVIA Coaches the power to transform more lives and advance the global health revolution.
Medifast executive leadership – along with Co-Founder and independent OPTAVIA Coach Dr. Wayne Scott Andersen, along with other independent OPTAVIA Coaches – receive the honor of ringing the bell on the New York Stock Exchange. This moment symbolizes the Company’s outstanding accomplishments made possible by the dedication of the OPTAVIA Coach Community.
Medifast’s fast-growing health and wellness community, OPTAVIA, achieves $1 billion in revenue**, joining an exclusive group of the world’s billion-dollar brands. Even more important is the human impact. Independent OPTAVIA Coaches, who support Clients along their journeys to optimal health and wellbeing, reached a monumental milestone – impacting more than 2 million lives.
**Based on full year revenue as of Q3 2021.
SCIENTIFIC ADVISORY BOARD
Internationally Recognized Experts in Science and Health & Wellness
Medifast first formed their Scientific Advisory Board in 2008. It is comprised of internationally recognized experts, all of whom have made significant contributions in their respective field. The function of the Scientific Advisory Board is to provide objective insight and external expertise to help guide Medifast in making informed, evidence-based decisions on medical, nutritional and scientific matters. The Scientific Advisory Board serves as a part of our foundation to create scientifically valid, consumer-centric, high-quality innovations for lasting health.
This cross-disciplinary group consists of distinguished physicians, academic researchers, nutrition and health-related policy experts. The work of this prestigious board builds on Medifast’s scientific and clinical heritage, which focuses on sound approaches to weight management while exploring forward-looking innovations, product and program offerings, and clinical research opportunities.







*OPTAVIA makes no guarantee of financial success. Success with OPTAVIA results from successful sales efforts, which require hard work, diligence, skill, persistence, competence, and leadership. Please see the OPTAVIA Income Disclosure Statement for statistics on actual earnings of U.S. Coaches under the U.S. Compensation Plan which may differ from Compensation Plans in other jurisdictions.
**Based on full year revenue as of Q3 2021.