Biote (BTMD) Net Margin (2021 - 2026)
Biote (BTMD) recorded quarterly Net Margin of 5.07% in Q1 2026, up 20.35% quarter-over-quarter from 4.21% in Q4 2025, and down 2293.0% on a YoY basis from 0.23% in Q1 2025.
Biote (BTMD) Net Margin (2021 - 2026) Analysis & Trends
Biote's Net Margin history runs 6 years deep, the most recent figure standing at 5.07% for Q1 2026.
- In Q1 2026, Net Margin fell 2293.0% year-over-year to 5.07%; the TTM figure through Mar 2026 stood at 8.29% (down 226.0% YoY), while the FY2025 annual figure was 14.07%, up 1247.0% from the prior year.
- Net Margin was 5.07% for Q1 2026 at Biote, up from 4.21% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 28.0% in Q1 2025 to a low of 51.57% in Q2 2022.
- Historically, Net Margin has averaged 4.69% across 5 years, with a median of 6.52% in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 7966 bps in 2022, then surged 4113 bps in 2023.
- A 5-year view of Net Margin shows it stood at 22.13% in 2022, then rose by 23 bps to 27.29% in 2023, then slumped by 73 bps to 7.43% in 2024, then slumped by 43 bps to 4.21% in 2025, then grew by 20 bps to 5.07% in 2026.
- The last three Net Margin figures came in at 5.07% (Q1 2026), 4.21% (Q4 2025), and 17.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 300.60% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 5.68% |
| 10 | Biote | 67.42 Mn | 70.24 Mn | 30.95 Mn | 5.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.07% |
| Dec 31, 2025 | 4.21% |
| Sep 30, 2025 | 17.07% |
| Jun 30, 2025 | 6.52% |
| Mar 31, 2025 | 28.00% |
| Dec 31, 2024 | 7.43% |
| Sep 30, 2024 | 20.83% |
| Jun 30, 2024 | -14.41% |
| Mar 31, 2024 | -8.89% |
| Dec 31, 2023 | 27.29% |
| Sep 30, 2023 | 16.53% |
| Jun 30, 2023 | -10.44% |
| Mar 31, 2023 | -15.18% |
| Dec 31, 2022 | 22.13% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | -51.57% |
| Mar 31, 2022 | 25.17% |
| Dec 31, 2021 | 14.60% |
| Sep 30, 2021 | 24.00% |
| Jun 30, 2021 | 28.09% |