IMAC Holdings, Inc. (BACK) Revenue History
Annual and quarterly revenue from 2016 to present
BACK Revenue Over Time (2016–2024)
BACK Revenue Growth History
5 of 8 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +5140.2%
- FY2018 revenue growth
- +752.5%
- FY2019 revenue growth
- +125.7%
- FY2020 revenue growth
- -15.1%
- FY2021 revenue growth
- +12.1%
- FY2022 revenue growth
- +12.5%
- FY2023 revenue growth
- -67.9%
- FY2024 revenue growth
- -98.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $21K | -62.3% |
| Q2 2025 | $0 | -100.0% |
| Q1 2025 | $2K | — |
| Q4 2024 | $0 | +100.0% |
| Q3 2024 | $56K | -96.4% |
| Q2 2024 | $16K | -98.8% |
| Q1 2024 | $0 | -100.0% |
| Q4 2023 | $-5,003,159 | -244.1% |
Multi-year avg. share of annual revenue by fiscal quarter
BACK Revenue Analysis (2016–2024)
Current Revenue & Growth
As of June 28, 2026, IMAC Holdings, Inc. (BACK) generated trailing twelve-month (TTM) revenue of $22,723, reflecting significant decline in growth of -62.3% year-over-year. The most recent quarter (Q3 2025) recorded $21,223 in revenue
Historical Growth Trajectory
BACK's 5-year compound annual growth rate (CAGR) stands at -65.7%, indicating revenue contraction over this period. The 3-year CAGR of -82.9% is below the 5-year average, signalling a growth deceleration in recent years. IMAC Holdings, Inc.'s highest annual revenue of $16.2 million was recorded in 2022.
Peer Comparison
Compared to Healthcare sector peers — including ATXI, XTLB, and USPH (+4.0% YoY) — BACK has underperformed the peer group in revenue growth. Compare BACK vs ATXI →
BACK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BACKCurrent | $22,723 | -62.3% | -65.7% | -7804.7% | |
 ATXI | $1M | - | - | -234.0% | |
 XTLB | $451,000 | - | - | -481.6% | |
 USPH | $781M | +4.0% | +13.0% | 10.3% | |
 ENSG | $5.1B | +19.2% | +16.1% | 8.6% | |
 PTCT | $1.7B | -53.3% | +35.4% | 49.5% |
BACK Historical Revenue Data (2016–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $72K | -98.6% | $-233,198 | -323.7% | $-5,623,267 | -7804.7% |
| 2023 | $5.2M | -67.9% | $3.8M | 74.1% | $-2,941,624 | -56.6% |
| 2022 | $16.2M | +12.5% | $14.7M | 90.7% | $-7,323,909 | -45.2% |
| 2021 | $14.4M | +12.1% | $12.8M | 88.7% | $-9,948,894 | -69.2% |
| 2020 | $12.8M | -15.1% | $11.2M | 87.3% | $-6,536,293 | -50.9% |
| 2019 | $15.1M | +125.7% | $12.6M | 83.2% | $-6,185,631 | -40.9% |
| 2018 | $6.7M | +752.5% | $5.8M | 86.1% | $-3,551,396 | -53.0% |
| 2017 | $786K | +5140.2% | $723K | 92.0% | $-915,067 | -116.4% |
| 2016 | $15K | - | $11K | 71.6% | $-219,047 | -1460.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BACK — Frequently Asked Questions
Quick answers to the most common questions about buying BACK stock.
Is BACK's revenue growth accelerating or slowing?
BACK revenue is declining -62.3% year-over-year. TTM revenue fell to $22723.00, contrasting with the 5-year CAGR of -65.7%. The reversal reflects either macro headwinds or company-specific challenges.
What is BACK's revenue history from 2016 to 2026?
IMAC Holdings, Inc. (BACK) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $22723.00, growing at -62.3% YoY. The 5-year CAGR is -65.7%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BACK's long-term revenue growth rate (CAGR)?
IMAC Holdings, Inc.'s 5-year revenue CAGR of -65.7% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -62.3% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BACK.
Why does BACK's quarterly revenue fluctuate?
BACK quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. IMAC Holdings, Inc.'s revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is BACK's revenue distributed by segment?
BACK reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BACK's revenue compare to industry peers?
IMAC Holdings, Inc. (BACK) with TTM revenue of $22723.00 and -62.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.