Biote (BTMD) Operating Margin (2021 - 2026)

Biote (BTMD) posted quarterly Operating Margin of 7.05% for Q1 2026, down 1273.0% year-over-year from 0.6% in Q1 2025, and up 115.7% on a QoQ basis from 44.88% in Q4 2025.

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

Biote (BTMD) has reported Operating Margin for 6 consecutive years, with 7.05% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin fell 1273.0% year-over-year to 7.05%; the TTM figure through Mar 2026 stood at 0.73% (up 99.0% YoY), while the FY2025 annual figure was 4.11%, up 400.0% from the prior year.
  • Operating Margin came in at 7.05% for Q1 2026 at Biote, up from 44.88% in the prior quarter.
  • The five-year high for Operating Margin was 153.72% in Q4 2022, with the low at 206.98% in Q2 2022.
  • Average Operating Margin over 5 years is 4.47%, with a median of 17.24% recorded in 2025.
  • Across the five-year window, Operating Margin slumped 23650 bps in 2022 and jumped 22254 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 153.72% in 2022, then sank by 92 bps to 12.05% in 2023, then slumped by 577 bps to 57.45% in 2024, then grew by 22 bps to 44.88% in 2025, then soared by 116 bps to 7.05% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 7.05%, 44.88%, and 17.24% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -2.96%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 12.86%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 24.14%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 14.11%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 3.76%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 8.99%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 11.19%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 8.45%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 17.01%
10 Biote 5,970.00 2.82 Mn 30.95 Mn 7.05%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.05%
Dec 31, 2025 -44.88%
Sep 30, 2025 17.24%
Jun 30, 2025 22.03%
Mar 31, 2025 19.78%
Dec 31, 2024 -57.45%
Sep 30, 2024 23.71%
Jun 30, 2024 12.68%
Mar 31, 2024 22.28%
Dec 31, 2023 12.05%
Sep 30, 2023 16.68%
Jun 30, 2023 15.57%
Mar 31, 2023 17.57%
Dec 31, 2022 153.72%
Sep 30, 2022 18.62%
Jun 30, 2022 -206.98%
Mar 31, 2022 26.28%
Dec 31, 2021 15.78%
Sep 30, 2021 25.26%
Jun 30, 2021 29.53%