Biote (BTMD) Operating Expenses (2021 - 2026)

Biote (BTMD) posted quarterly Operating Expenses of $3.1 million for Q1 2026, down 32.19% year-over-year from $4.6 million in Q1 2025, and down 23.72% on a QoQ basis from $4.1 million in Q4 2025.

Biote (BTMD) Operating Expenses (2021 - 2026) Analysis & Trends

Biote (BTMD) has reported Operating Expenses for 6 consecutive years, with $3.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 32.19% year-over-year to $3.1 million; the TTM figure through Mar 2026 stood at $15.1 million (down 11.89% YoY), while the FY2025 annual figure was $16.6 million, up 1.21% from the prior year.
  • Operating Expenses came in at $3.1 million for Q1 2026 at Biote, down from $4.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $113.7 million in Q2 2022, with the low at $3.1 million in Q1 2026.
  • Average Operating Expenses over 5 years is $18.2 million, with a median of $5.2 million recorded in 2024.
  • Across the five-year window, Operating Expenses soared 28182.73% in 2022 and tumbled 86.02% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $22.1 million in 2022, then advanced by 19.19% to $26.3 million in 2023, then tumbled by 84.68% to $4.0 million in 2024, then rose by 0.99% to $4.1 million in 2025, then dropped by 23.72% to $3.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $3.1 million, $4.1 million, and $4.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 16.82 Bn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 572.94 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 27.00 Mn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 2.93 Bn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 1.29 Bn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 1.26 Bn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 3.99 Bn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 1.30 Bn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -25.79 Mn
10 Biote 5,970.00 2.82 Mn 30.95 Mn 3.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.10 Mn
Dec 31, 2025 4.07 Mn
Sep 30, 2025 4.30 Mn
Jun 30, 2025 3.63 Mn
Mar 31, 2025 4.58 Mn
Dec 31, 2024 4.03 Mn
Sep 30, 2024 3.36 Mn
Jun 30, 2024 5.18 Mn
Mar 31, 2024 3.81 Mn
Dec 31, 2023 26.29 Mn
Sep 30, 2023 23.99 Mn
Jun 30, 2023 26.06 Mn
Mar 31, 2023 23.39 Mn
Dec 31, 2022 22.06 Mn
Sep 30, 2022 21.12 Mn
Jun 30, 2022 113.74 Mn
Dec 31, 2021 18.47 Mn
Jun 30, 2021 11.97 Mn
Mar 31, 2021 58,560.00