Biote (BTMD) Cost of Revenue (2021 - 2026)
Biote (BTMD) posted quarterly Cost of Revenue of $14.0 million for Q1 2026, up 10.88% year-over-year from $12.6 million in Q1 2025, and down 5.75% on a QoQ basis from $14.8 million in Q4 2025.
Biote (BTMD) Cost of Revenue (2021 - 2026) Analysis & Trends
Biote (BTMD) has reported Cost of Revenue for 6 consecutive years, with $14.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 10.88% year-over-year to $14.0 million; the TTM figure through Mar 2026 stood at $56.2 million (down 1.85% YoY), while the FY2025 annual figure was $54.9 million, down 5.63% from the prior year.
- Cost of Revenue came in at $14.0 million for Q1 2026 at Biote, down from $14.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $15.8 million in Q2 2023, with the low at $12.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $14.1 million, with a median of $14.0 million recorded in 2026.
- The largest YoY upside for Cost of Revenue was 841.21% in 2022 against a maximum downside of 66.17% in 2022.
- Year by year, Cost of Revenue stood at $15.4 million in 2022, then slipped by 9.2% to $14.0 million in 2023, then gained by 0.24% to $14.0 million in 2024, then gained by 5.67% to $14.8 million in 2025, then retreated by 5.75% to $14.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $14.0 million, $14.8 million, and $13.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 2.85 Bn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 441.75 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 961.00 Mn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 2.34 Bn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 241.90 Mn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 1.10 Bn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 1.28 Bn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 1.07 Bn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -31.50 Mn |
| 10 | Biote | 5,970.00 | 2.82 Mn | 30.95 Mn | 13.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.98 Mn |
| Mar 31, 2026 | 13.98 Mn |
| Dec 31, 2025 | 14.84 Mn |
| Dec 31, 2025 | 14.84 Mn |
| Sep 30, 2025 | 13.54 Mn |
| Sep 30, 2025 | 13.54 Mn |
| Jun 30, 2025 | 13.88 Mn |
| Jun 30, 2025 | 13.88 Mn |
| Mar 31, 2025 | 12.61 Mn |
| Mar 31, 2025 | 12.61 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Sep 30, 2024 | 15.28 Mn |
| Sep 30, 2024 | 15.28 Mn |
| Jun 30, 2024 | 15.36 Mn |
| Jun 30, 2024 | 15.36 Mn |
| Mar 31, 2024 | 13.45 Mn |
| Mar 31, 2024 | 13.45 Mn |
| Dec 31, 2023 | 14.01 Mn |
| Dec 31, 2023 | 14.01 Mn |