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% quarter-over-quarter from $4.1 million in Q4 2025.
Biote (BTMD) Operating Expenses (2021 - 2026) Analysis & Trends
Biote's Operating Expenses history runs 6 years deep, the most recent figure standing at $3.1 million for 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 for Q1 2026 stood at $3.1 million, down from $4.1 million in the prior quarter.
- The five-year high for Operating Expenses was $113.4 million in Q2 2022, with the low at $3.1 million in Q1 2026.
- The 5-year median for Operating Expenses is $5.2 million (2024), against an average of $18.1 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 27723.37% in 2022, then sank 85.9% in 2024.
- Biote's Operating Expenses stood at $21.8 million in 2022, then advanced by 20.37% to $26.2 million in 2023, then tumbled by 84.62% to $4.0 million in 2024, then advanced by 0.99% to $4.1 million in 2025, then fell by 23.72% to $3.1 million in 2026.
- Business Quant data shows BTMD's Operating Expenses at $3.1 million in Q1 2026, $4.1 million in Q4 2025, and $4.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.32 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.12 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.32 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 584.05 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 490.51 Mn |
| 10 | Biote | 61.98 Mn | 58.05 Mn | 28.92 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.05 Mn |
| 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 | 26.19 Mn |
| Sep 30, 2023 | 23.79 Mn |
| Jun 30, 2023 | 25.76 Mn |
| Mar 31, 2023 | 23.09 Mn |
| Dec 31, 2022 | 21.76 Mn |
| Sep 30, 2022 | 20.82 Mn |
| Jun 30, 2022 | 113.43 Mn |
| Mar 31, 2022 | 16.29 Mn |
| Dec 31, 2021 | 18.29 Mn |
| Sep 30, 2021 | 12.57 Mn |