Growth Metrics

Biote (BTMD) Operating Margin (2021 - 2026)

Biote's quarterly Operating Margin came in at 7.05% in Q1 2026, down 1273.0% year-on-year from 0.6% in Q1 2025, and up 115.7% quarter-over-quarter from 44.88% in Q4 2025.

Biote has reported Operating Margin for 6 years, with the latest figure at 7.05% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 1273.0% year-over-year to 7.05%; the trailing twelve-month figure through Mar 2026 stood at 0.73% (up 99.0% YoY), and the FY2025 full-year result was 4.11%, up 400.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 7.05%, 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.
  • Year-over-year, Operating Margin sank 23650 bps in 2022 and soared 22254 bps in 2023.
  • Tracing BTMD's Operating Margin over 5 years: stood at 153.72% in 2022, then tumbled by 92 bps to 12.05% in 2023, then plunged by 577 bps to 57.45% in 2024, then advanced by 22 bps to 44.88% in 2025, then jumped by 116 bps to 7.05% in 2026.
  • The last three Operating Margin figures came in at 7.05% (Q1 2026), 44.88% (Q4 2025), and 17.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -2.96%
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 24.14%
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 14.11%
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.76%
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 8.99%
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 11.19%
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 0.01%
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 12.86%
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 8.45%
10 Biote 61.29 Mn 64.11 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%