Biote (BTMD) Gross Margin (2021 - 2026)

Biote (BTMD) posted quarterly Gross Margin of 68.88% for Q1 2026, down 538.0% year-over-year from 15.73% in Q1 2025, and up 1.25% on a QoQ basis from 68.03% in Q4 2025.

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

Biote (BTMD) has reported Gross Margin for 6 consecutive years, with 68.88% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 538.0% year-over-year to 68.88%; the TTM figure through Mar 2026 stood at 70.12% (down 115.0% YoY), while the FY2025 annual figure was 71.46%, up 94.0% from the prior year.
  • Gross Margin came in at 68.88% for Q1 2026 at Biote, up from 68.03% in the prior quarter.
  • The five-year high for Gross Margin was 74.26% in Q1 2025, with the low at 65.33% in Q4 2022.
  • Average Gross Margin over 5 years is 69.39%, with a median of 68.9% recorded in 2023.
  • The largest YoY upside for Gross Margin was 8679 bps in 2022 against a maximum downside of 2779 bps in 2022.
  • Year by year, Gross Margin stood at 65.33% in 2022, then rose by 6 bps to 69.36% in 2023, then advanced by 4 bps to 71.83% in 2024, then retreated by 5 bps to 68.03% in 2025, then climbed by 1 bps to 68.88% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 68.88%, 68.03%, and 71.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 85.07%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.82%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 82.10%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 31.42%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 84.75%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 21.12%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 71.44%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 24.35%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 74.36%
10 Biote 5,970.00 2.82 Mn 30.95 Mn 68.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 68.88%
Dec 31, 2025 68.03%
Sep 30, 2025 71.77%
Jun 30, 2025 71.60%
Mar 31, 2025 74.26%
Dec 31, 2024 71.83%
Sep 30, 2024 70.27%
Jun 30, 2024 68.76%
Mar 31, 2024 71.26%
Dec 31, 2023 69.36%
Sep 30, 2023 68.90%
Jun 30, 2023 67.87%
Mar 31, 2023 69.05%
Dec 31, 2022 65.33%
Sep 30, 2022 68.22%
Jun 30, 2022 67.27%
Mar 31, 2022 66.95%
Dec 31, 2021 -21.46%
Sep 30, 2021 96.02%
Jun 30, 2021 66.50%