Biote BTMD
NASDAQ BTMD
$1.09 +0.01 (+0.93%)
At close: Nov 11, 2026 · 4:00 PM EST

Biote (BTMD) EBITDA Margin (2021 - 2026)

Updated

Biote's EBITDA Margin was -5.75% in Q2 2026, down 29.65 percentage points from 23.89% a year earlier and down 14.98 percentage points from the prior quarter.

Analysis

Biote (BTMD) EBITDA Margin (2021 - 2026) Analysis & Trends

On a trailing twelve-month basis, Biote's EBITDA Margin was 10.13% through Jun 30, 2026, down 9.52 percentage points year-over-year; for FY2025, it came in at 20.40%, up 2.56 percentage points from FY2024.

  • EBITDA Margin has now increased for three consecutive years, though with a four-year change of -5.39 percentage points (FY2021 to FY2025).
  • In earlier years, EBITDA Margin was 17.84% in FY2024 (+0.77 pp), 17.08% in FY2023 (+52.55 pp), -35.48% in FY2022 (-61.28 pp) and 25.80% in FY2021.
  • The Q2 2026 figure marks the lowest quarterly EBITDA Margin since Q2 2022.
  • Compared with a year earlier, EBITDA Margin was higher in three of the last eight quarters, with an average year-over-year change of -3.98 percentage points.
  • The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 222.26 percentage points); the worst was Q2 2022 (a drop of 235.66 percentage points).
  • Per Business Quant data, BTMD's EBITDA Margin in the three quarters before Q2 2026 was 9.23% (Q1 2026), 16.76% (Q4 2025) and 19.22% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 HCA Healthcare 106.37 Bn 104.21 Bn 17.03 Bn 19.86%
2 Natera 45.03 Bn 40.66 Bn 513.47 Mn -5.84%
3 Labcorp Holdings 30.12 Bn 28.22 Bn 1.11 Bn 15.36%
4 Quest Diagnostics 28.44 Bn 26.52 Bn 1.04 Bn 20.21%
5 Guardant Health 20.93 Bn 16.54 Bn 236.15 Mn -33.96%
6 BrightSpring Health Services 14.41 Bn 11.29 Bn 518.55 Mn 4.78%
7 Tempus AI 14.27 Bn 11.42 Bn 266.70 Mn -2.44%
8 Encompass Health 13.98 Bn 14.44 Bn 1.54 Bn 19.80%
9 Davita 11.35 Bn 10.22 Bn 1.13 Bn 18.40%
10 Biote 42.67 Mn 961,552.38 29.33 Mn 8.50%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 8.50%
Jun 30, 2026 -5.36%
Mar 31, 2026 9.69%
Dec 31, 2025 17.23%
Sep 30, 2025 19.65%
Jun 30, 2025 24.30%
Mar 31, 2025 21.96%
Dec 31, 2024 8.27%
Sep 30, 2024 25.68%
Jun 30, 2024 14.87%
Mar 31, 2024 24.31%
Dec 31, 2023 15.80%
Sep 30, 2023 18.03%
Jun 30, 2023 17.04%
Mar 31, 2023 19.21%
Dec 31, 2022 18.11%
Sep 30, 2022 20.49%
Jun 30, 2022 -205.30%
Mar 31, 2022 27.78%
Dec 31, 2021 17.03%
API Access

Biote EBITDA Margin 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-margin&ticker=BTMD&period=max&api_key=YOUR_API_KEY