Biote (BTMD) Net Margin (2021 - 2026)
Biote's quarterly Net Margin came in at 5.07% in Q1 2026, down 2293.0% year-on-year from 0.23% in Q1 2025, and up 20.35% quarter-over-quarter from 4.21% in Q4 2025.
Biote has reported Net Margin for 6 years, with the latest figure at 5.07% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 2293.0% year-over-year to 5.07%; the trailing twelve-month figure through Mar 2026 stood at 8.29% (down 226.0% YoY), and the FY2025 full-year result was 14.07%, up 1247.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.07%, up from 4.21% in the prior quarter.
- The five-year high for Net Margin was 28.0% in Q1 2025, with the low at 51.57% in Q2 2022.
- Average Net Margin over 5 years is 4.69%, with a median of 6.52% recorded in 2025.
- Year-over-year, Net Margin slumped 7966 bps in 2022 and jumped 4113 bps in 2023.
- Tracing BTMD's Net Margin over 5 years: stood at 22.13% in 2022, then gained by 23 bps to 27.29% in 2023, then sank by 73 bps to 7.43% in 2024, then sank by 43 bps to 4.21% in 2025, then increased 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 | 84.64 Bn | 87.02 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 5.68% |
| 10 | Biote | 61.29 Mn | 64.11 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% |