Biote (BTMD) EBITDA (2021 - 2026)
Biote's EBITDA came in at -$2.55 million for Q2 2026, compared with $11.68 million a year earlier.
Biote (BTMD) EBITDA (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Biote reported EBITDA of $18.6 million, down 52.5% year-over-year; for FY2025, it was $39.22 million, up 11.5% from FY2024.
- EBITDA carries a four-year compound annual growth rate of 2.2% (FY2021 to FY2025).
- Going back by year, EBITDA was $35.19 million in FY2024 (+11.2%), $31.65 million in FY2023, -$58.52 million in FY2022 and $35.96 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly EBITDA since Q2 2022.
- Year-over-year, EBITDA increased in three of the last seven quarters, with growth averaging 12.3%.
- The fastest year-over-year change in EBITDA over five years came in Q4 2025 (growth of 99.2%), and the weakest in Q1 2026 (a decline of 60.7%).
- Business Quant data shows BTMD's EBITDA at $4.15 million (Q1 2026), $7.78 million (Q4 2025) and $9.22 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 4.04 Bn |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -54.61 Mn |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 605.00 Mn |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 630.60 Mn |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -119.56 Mn |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 1.72 Bn |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 384.80 Mn |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 746.81 Mn |
| 10 | Biote | 51.02 Mn | -10.04 Mn | 28.92 Mn | -2.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.55 Mn |
| Mar 31, 2026 | 4.15 Mn |
| Dec 31, 2025 | 7.78 Mn |
| Sep 30, 2025 | 9.22 Mn |
| Jun 30, 2025 | 11.68 Mn |
| Mar 31, 2025 | 10.55 Mn |
| Dec 31, 2024 | 3.91 Mn |
| Sep 30, 2024 | 12.99 Mn |
| Jun 30, 2024 | 7.11 Mn |
| Mar 31, 2024 | 11.18 Mn |
| Dec 31, 2023 | 7.02 Mn |
| Sep 30, 2023 | 8.02 Mn |
| Jun 30, 2023 | 8.20 Mn |
| Mar 31, 2023 | 8.42 Mn |
| Dec 31, 2022 | 7.86 Mn |
| Sep 30, 2022 | 8.40 Mn |
| Jun 30, 2022 | -85.04 Mn |
| Mar 31, 2022 | 10.27 Mn |
| Dec 31, 2021 | 6.34 Mn |
| Sep 30, 2021 | 9.32 Mn |
Biote EBITDA 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=ebitda&ticker=BTMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();