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% quarter-over-quarter from $14.8 million in Q4 2025.
Analysis
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 for Q1 2026 stood at $14.0 million, 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.
- The 5-year median for Cost of Revenue is $14.0 million (2026), against an average of $14.1 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 2817.46% in 2022, then retreated 11.39% in 2025.
- Biote's Cost of Revenue stood at $15.4 million in 2022, then declined by 9.2% to $14.0 million in 2023, then climbed by 0.24% to $14.0 million in 2024, then climbed by 5.67% to $14.8 million in 2025, then slipped by 5.75% to $14.0 million in 2026.
- Business Quant data shows BTMD's Cost of Revenue at $14.0 million in Q1 2026, $14.8 million in Q4 2025, and $13.5 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 1.35 Bn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 1.13 Bn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 451.78 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 1.09 Bn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 413.93 Mn |
| 10 | Biote | 44.34 Mn | 32.82 Mn | 28.92 Mn | 15.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.31 Mn |
| Mar 31, 2026 | 13.98 Mn |
| Dec 31, 2025 | 14.84 Mn |
| Sep 30, 2025 | 13.54 Mn |
| Jun 30, 2025 | 13.88 Mn |
| Mar 31, 2025 | 12.61 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Sep 30, 2024 | 15.28 Mn |
| Jun 30, 2024 | 15.36 Mn |
| Mar 31, 2024 | 13.45 Mn |
| Dec 31, 2023 | 14.01 Mn |
| Sep 30, 2023 | 14.17 Mn |
| Jun 30, 2023 | 15.83 Mn |
| Mar 31, 2023 | 13.88 Mn |
| Dec 31, 2022 | 15.42 Mn |
| Sep 30, 2022 | 13.34 Mn |
| Jun 30, 2022 | 13.54 Mn |
| Mar 31, 2022 | 12.28 Mn |
| Dec 31, 2021 | 13.53 Mn |
| Sep 30, 2021 | 12.29 Mn |