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
DateValue
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