Filing Flows › biote (BTMD) › Q1 2026
biote (BTMD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
biote (BTMD) reported revenue of $44.9M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -3% from the quarter before. Operating margin was 7.0%, net earnings $2.3M (5.1% of revenue).
biote, Q1 2026: revenue $44.9M (-8% year over year), operating margin 7.0%, net earnings $2.3M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.9M | -3% | -8% |
| Operating profit | $3.2M | -54% | -67% |
| Net earnings | $2.3M | +17% | -83% |
| Operating cash flow | $3.9M | -48% | -40% |
| Free cash flow | $3.5M | -45% | -27% |
What changed
Revenue was $44.9M in Q1 2026, down 8% year over year and down 3% from the previous quarter. Pellet Procedures Product Revenue was the largest line at 70% of revenue. Pellet Procedures Product Revenue lost $4.7M year over year (down 13%), 117% of the total change.
Operating profit was $3.2M, a 7.0% margin (down 12.7 points year over year). Total costs grew 6% against a revenue fall of 8%. The fastest-growing cost line was Cost of revenue (+11%). Net earnings were $2.3M, down 83% year over year. The effective tax rate was 19.8%.
Operating cash flow was $3.9M (down 40% year over year), 146% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $362K left free cash flow of $3.5M.
Questions
What was biote's revenue in the first quarter 2026?
biote (BTMD) reported revenue of $44.9M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -3% from the quarter before.
Was biote profitable in the first quarter 2026?
Operating profit was $3.2M (7.0% of revenue) and net earnings $2.3M.
Source: biote 10-Q on SEC EDGAR.