Biote (BTMD) Operating Income (2021 - 2026)
Biote's Operating Income was -$3.51 million in Q2 2026, compared with $10.77 million a year earlier.
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Analysis
Biote (BTMD) Operating Income (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Biote's Operating Income was $14.75 million through Jun 30, 2026, down 58.3% year-over-year; for FY2025, it came in at $35.55 million, up 12.5% from FY2024.
- Operating Income shows a four-year compound annual growth rate of 0.7% (FY2021 to FY2025).
- In earlier years, Operating Income was $31.61 million in FY2024 (+10.3%), $28.66 million in FY2023, -$60.72 million in FY2022 and $34.56 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Operating Income since Q2 2022.
- Compared with a year earlier, Operating Income was higher in three of the last seven quarters, with growth averaging 17.6%.
- The best year-over-year quarter for Operating Income over five years was Q4 2025 (growth of 146.8%); the worst was Q1 2026 (a decline of 67.3%).
- Per Business Quant data, BTMD's Operating Income in the three quarters before Q2 2026 was $3.17 million (Q1 2026), $6.83 million (Q4 2025) and $8.27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | - |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -75.79 Mn |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 459.00 Mn |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 451.60 Mn |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -129.12 Mn |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 1.50 Bn |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | -75.91 Mn |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | - |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 579.00 Mn |
| 10 | Biote | 51.02 Mn | -10.04 Mn | 28.92 Mn | -3.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.51 Mn |
| Mar 31, 2026 | 3.17 Mn |
| Dec 31, 2025 | 6.83 Mn |
| Sep 30, 2025 | 8.27 Mn |
| Jun 30, 2025 | 10.77 Mn |
| Mar 31, 2025 | 9.69 Mn |
| Dec 31, 2024 | 2.77 Mn |
| Sep 30, 2024 | 12.18 Mn |
| Jun 30, 2024 | 6.23 Mn |
| Mar 31, 2024 | 10.43 Mn |
| Dec 31, 2023 | 5.51 Mn |
| Sep 30, 2023 | 7.60 Mn |
| Jun 30, 2023 | 7.67 Mn |
| Mar 31, 2023 | 7.88 Mn |
| Dec 31, 2022 | 7.30 Mn |
| Sep 30, 2022 | 7.82 Mn |
| Jun 30, 2022 | -85.60 Mn |
| Mar 31, 2022 | 9.76 Mn |
| Dec 31, 2021 | 5.93 Mn |
| Sep 30, 2021 | 8.98 Mn |
API Access
Biote Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=BTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "BTMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();