biote (BTMD) Financial Statements & Analysis

biote (BTMD) Income Statement

biote reported revenue of $192.22M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 2.5% from $197.19M a year earlier. Net income was $27.05M, up 756.7% year over year, a net margin of 14.1%. Gross margin was 71.5% and operating margin 18.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $44.23M, down 9.5% from the same quarter a year earlier.

biote Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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biote Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	192.22	197.19	185.36	164.96	139.40	116.57	109.98
Cost of Revenue	54.86	58.13	57.88	54.58	48.82	44.93	43.57
Gross Profit	137.36	139.06	127.48	110.38	90.58	71.64	66.41
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	101.81	107.45	88.89	171.10	53.96	37.43	39.29
Operating Expenses	101.81	107.45	98.83	171.10	56.02	39.86	42.88
Operating Income	35.55	31.61	28.66	-60.72	34.56	31.78	23.53
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	10.96	11.00	-6.36	4.05	1.67	2.43	2.08
Other Income/Expense	2.03	-19.59	-28.78	66.48	-1.66	-2.43	-2.15
Income
Income Before Tax	37.58	1.02	-0.12	1.71	32.91	29.35	21.38
Income Tax Expense	5.99	0.97	2.68	0.39	0.29	0.19	0.09
Net Income	27.05	3.16	-2.81	-0.97	32.62	29.16	21.29
Net Income - Continuous Operations	27.05	0.05	3.32	1.32	32.62	29.16	21.29
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	52.22	15.59	39.39	7.96	35.98	32.91	24.29
EBIT	48.55	12.02	38.59	5.76	34.56	31.78	-
Depreciation & Amortization	3.67	3.57	0.79	2.20	1.40	1.14	0.83
Earnings Per Share
Basic EPS	1.00	-	-	-	4.00	4.00	3.00
Diluted EPS	1.00	-	-	-	4.00	4.00	3.00
Basic Shares Outstanding	31.28	34.27	25.71	8.06	7.57	7.57	7.57
Diluted Shares Outstanding	36.67	34.27	25.71	8.06	7.57	7.57	7.57

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About biote Financial Statements

What was biote's revenue in fiscal 2025?

biote reported revenue of $192.22M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 2.5% from $197.19M a year earlier.

Is biote profitable?

Yes. biote earned net income of $27.05M in fiscal 2025, a net margin of 14.1%. In fiscal 2024 it earned $3.16M.

What is biote's operating margin?

biote's operating income was $35.55M on revenue of $192.22M in fiscal 2025, an operating margin of 18.5%, compared with 16.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition