Biote (BTMD) Cost of Revenue (2021 - 2026)
Biote (BTMD) recorded quarterly Cost of Revenue of $14.0 million in Q1 2026, down 5.75% quarter-over-quarter from $14.8 million in Q4 2025, and up 10.88% on a YoY basis from $12.6 million in Q1 2025.
Biote (BTMD) Cost of Revenue (2021 - 2026) Analysis & Trends
Biote's Cost of Revenue history runs 6 years deep, the most recent figure standing at $14.0 million for 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 was $14.0 million for Q1 2026 at Biote, down from $14.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $15.8 million in Q2 2023 to a low of $12.3 million in Q1 2022.
- Historically, Cost of Revenue has averaged $14.1 million across 5 years, with a median of $14.0 million in 2026.
- Biggest YoY gain for Cost of Revenue was 841.21% in 2022; the steepest drop was 66.17% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $15.4 million in 2022, then fell by 9.2% to $14.0 million in 2023, then grew by 0.24% to $14.0 million in 2024, then grew by 5.67% to $14.8 million in 2025, then dropped by 5.75% to $14.0 million in 2026.
- The last three Cost of Revenue figures came in at $14.0 million (Q1 2026), $14.8 million (Q4 2025), and $13.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 2.85 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 961.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.34 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 241.90 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.10 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 1.28 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4.28 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 441.75 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.07 Bn |
| 10 | Biote | 67.42 Mn | 70.24 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 |