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Companies / Health Care / biote Corp.
BTMD

biote Corp.

Health CareChemicals
Ticker BTMDIRVING, TXFiscal year ends DecemberBook value per share $-2.22Diluted shares 29.6M

biote Corp. (Nasdaq: BTMD) operates a practice-building platform for healthcare practitioners focused on hormone optimization, including care for women experiencing menopause and men with hypogonadism. Its Biote Method combines practitioner education, training and certification with clinical decision-support and… From the company’s description.

Over the twelve months to Jun 30, 2026, biote Corp. reported revenue of $183.53M, down 7.8% from a year earlier, and net income of $7.08M. Its operating margin was 8.0%, and operations generated $24.37M in cash. In fiscal 2025, it reported revenue of $192.22M, down 2.5% from fiscal 2024, and net income of $31.60M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$192.22MFY2025
−2.5% year over year
Last 12 mo $183.53M
18.50%FY2025
+2.5 percentage points
Last 12 mo 8.04%
$31.60MFY2025
+68589.1% year over year
Last 12 mo $7.08M
-46.20%FY2025
−43.2 percentage points
Last 12 mo -8.90%
Cash & financing
$35.19MFY2025
−22.2% year over year
Last 12 mo $24.37M
$28.33MFY2025
−26.0% year over year
Last 12 mo $17.52M
-1.83FY2025
Was -1.01× a year earlier
Last 12 mo -1.85
36.7MFY2025
+7.0% year over year
Last 12 mo 29.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What biote Corp. does

In the company’s own words

biote Corp. (Nasdaq: BTMD) operates a practice-building platform for healthcare practitioners focused on hormone optimization, including care for women experiencing menopause and men with hypogonadism. Its Biote Method combines practitioner education, training and certification with clinical decision-support and inventory-management software, administrative and marketing support, and access to hormone therapy suppliers; practitioners independently determine patient treatments. Biote also sells a private-label line of dietary supplements through partnered clinics and online channels. The company operates as one segment, generating revenue primarily from procedure-based service fees and supplement sales; in 2025, service fees accounted for approximately 71% of revenue and supplements for approximately 22%. At year-end 2025, its network included more than 9,200 practitioners across over 5,300 clinics, and revenue was $192.2 million for the fiscal year. Founded in Texas in 2012, Biote has expanded from its original market into 10 core U.S. states. Its website is https://biote.com.

Company details
Sector
Health Care
Industry (SIC)
Chemicals
Headquarters
IRVING, TX
Fiscal year end
December
CIK
1819253
SIC
2833

Financial performance, year by year

Fiscal 2021–2025 · USD
$-22.80M$37.19M$97.19M$157.19M$217.19M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns biote Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

64
funds hold it
0 of 35
superinvestors hold it
$5.18M
held by funds, at market
9.0%
of shares held by funds

Largest fund holders · biote Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
U.S. SMALL CAP PORTFOLIO
DFSTX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
U.S. MICRO CAP PORTFOLIO
DFSCX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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