Biote (BTMD) EBT Margin (2021 - 2026)
Biote (BTMD) posted EBT Margin of -16.12% for Q2 2026, down 28.56 percentage points from 12.43% a year earlier and down 23.55 percentage points from the prior quarter.
Biote (BTMD) EBT Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Biote was 5.59%, down 13.58 percentage points year-over-year; for FY2025, it was 19.55%, up 19.04 percentage points from FY2024.
- Annual EBT Margin shows a four-year change of -4.05 percentage points (FY2021 to FY2025).
- In prior years, Biote's EBT Margin was 0.52% in FY2024 (+0.58 pp), -0.07% in FY2023 (-1.10 pp), 1.04% in FY2022 (-22.57 pp) and 23.61% in FY2021.
- The Q2 2026 figure stands as the lowest quarterly EBT Margin since Q2 2024.
- On a year-over-year basis, EBT Margin increased in three of the last eight quarters, with an average year-over-year change of -2.88 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q3 2023, with a gain of 49.88 percentage points; the weakest was Q2 2022, with a drop of 80.72 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 7.43% (Q1 2026), 12.07% (Q4 2025) and 17.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 11.94% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -7.51% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 8.61% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 13.43% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -34.36% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 3.07% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -3.02% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 16.02% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 10.02% |
| 10 | Biote | 42.67 Mn | 961,552.38 | 29.33 Mn | 3.15% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.15% |
| Jun 30, 2026 | -16.12% |
| Mar 31, 2026 | 7.43% |
| Dec 31, 2025 | 12.07% |
| Sep 30, 2025 | 17.62% |
| Jun 30, 2025 | 12.43% |
| Mar 31, 2025 | 35.63% |
| Dec 31, 2024 | -2.45% |
| Sep 30, 2024 | 30.86% |
| Jun 30, 2024 | -20.94% |
| Mar 31, 2024 | -7.10% |
| Dec 31, 2023 | 20.42% |
| Sep 30, 2023 | 51.62% |
| Jun 30, 2023 | -24.71% |
| Mar 31, 2023 | -46.38% |
| Dec 31, 2022 | 29.77% |
| Sep 30, 2022 | 1.73% |
| Jun 30, 2022 | -52.41% |
| Mar 31, 2022 | 25.35% |
| Dec 31, 2021 | 14.80% |
Biote EBT 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=ebt-margin&ticker=BTMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();