Biote (BTMD) Shares Outstanding (2020 - 2026)
Biote (BTMD) reported Shares Outstanding of 28.63 million for Q2 2026, down 9.5% from 31.63 million a year earlier and down 6.6% from the prior quarter.
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Analysis
Biote (BTMD) Shares Outstanding (2020 - 2026) Analysis & Trends
For FY2025, Biote posted Shares Outstanding of 31.28 million, down 8.7% from FY2024.
- Shares Outstanding has a five-year compound annual growth rate of 33.1% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 34.27 million in FY2024 (+33.3%), 25.71 million in FY2023 (+219.0%), 8.06 million in FY2022 (-76.4%) and 34.13 million in FY2021 (+355.0%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding since Q4 2023.
- Year over year, Shares Outstanding has now declined in each of the last three quarters, with growth averaging 0.3% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was Q4 2021 (growth of 355.0%); the low point was Q4 2022 (a decline of 76.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 30.65 million (Q1 2026), 31.28 million (Q4 2025) and 31.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 220.54 Mn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 143.28 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 111.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 81.70 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 132.87 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 83.52 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 179.92 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 98.80 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 206.04 Mn |
| 10 | Biote | 49.79 Mn | -11.27 Mn | 28.92 Mn | 28.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.63 Mn |
| Mar 31, 2026 | 30.65 Mn |
| Dec 31, 2025 | 31.28 Mn |
| Sep 30, 2025 | 31.33 Mn |
| Jun 30, 2025 | 31.63 Mn |
| Mar 31, 2025 | 31.49 Mn |
| Dec 31, 2024 | 34.27 Mn |
| Sep 30, 2024 | 31.05 Mn |
| Jun 30, 2024 | 33.07 Mn |
| Mar 31, 2024 | 34.62 Mn |
| Dec 31, 2023 | 25.71 Mn |
| Sep 30, 2023 | 30.33 Mn |
| Jun 30, 2023 | 20.70 Mn |
| Mar 31, 2023 | 17.59 Mn |
| Dec 31, 2022 | 8.06 Mn |
| Sep 30, 2022 | 7.61 Mn |
| Jun 30, 2022 | 7.57 Mn |
| Mar 31, 2022 | 39.69 Mn |
| Dec 31, 2021 | 34.13 Mn |
| Sep 30, 2021 | 31.75 Mn |
API Access
Biote Shares Outstanding 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=shares-outstanding&ticker=BTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();