Biote (BTMD) Capital Expenditures (2021 - 2026)
Biote's Capital Expenditures was $2.56 million in Q2 2026, up 41.3% from $1.81 million a year earlier and up 606.4% from the prior quarter.
Biote (BTMD) Capital Expenditures (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Biote's Capital Expenditures was $4.5 million through Jun 30, 2026, down 32.5% year-over-year; for FY2025, it was $5.02 million, down 22.0% from FY2024.
- Capital Expenditures shows a four-year compound annual growth rate of 36.4% (FY2021 to FY2025).
- In earlier years, Capital Expenditures was $6.43 million in FY2024, $359,000 in FY2023 (+7.8%), $333,000 in FY2022 (-77.0%) and $1.45 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Capital Expenditures in data going back to Q3 2021.
- Compared with a year earlier, Capital Expenditures was higher in three of the last seven quarters, with growth averaging 29.7%.
- The best year-over-year quarter for Capital Expenditures over five years was Q3 2024 (growth of 243.7%); the worst was Q4 2022 (a decline of 99.3%).
- Per Business Quant data, BTMD's Capital Expenditures in the three quarters before Q2 2026 was $362,000 (Q1 2026), $1.08 million (Q4 2025) and $499,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 1.23 Bn |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | 63.43 Mn |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 138.00 Mn |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 131.60 Mn |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | 11.76 Mn |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 168.00 Mn |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | 6.13 Mn |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 220.30 Mn |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 169.82 Mn |
| 10 | Biote | 51.02 Mn | -10.04 Mn | 28.92 Mn | 2.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.56 Mn |
| Mar 31, 2026 | 362,000.00 |
| Dec 31, 2025 | 1.08 Mn |
| Sep 30, 2025 | 499,000.00 |
| Jun 30, 2025 | 1.81 Mn |
| Mar 31, 2025 | 1.63 Mn |
| Dec 31, 2024 | 1.67 Mn |
| Sep 30, 2024 | 1.55 Mn |
| Jun 30, 2024 | 2.51 Mn |
| Mar 31, 2024 | 704,000.00 |
| Dec 31, 2023 | -159,000.00 |
| Sep 30, 2023 | 451,000.00 |
| Jun 30, 2023 | 5,000.00 |
| Mar 31, 2023 | 62,000.00 |
| Dec 31, 2022 | 5,000.00 |
| Jun 30, 2022 | 66,000.00 |
| Mar 31, 2022 | 262,000.00 |
| Dec 31, 2021 | 674,000.00 |
| Sep 30, 2021 | -247,000.00 |
Biote Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BTMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BTMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();