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
DateValue
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%