Filing Flows › biote (BTMD) › Q4 2025
biote (BTMD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 13, 2026
biote (BTMD) reported revenue of $46.4M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and -3% from the quarter before. Operating margin was 14.7%, net earnings $2.0M (4.2% of revenue).
biote, Q4 2025: revenue $46.4M (-7% year over year), operating margin 14.7%, net earnings $2.0M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.4M | -3% | -7% |
| Operating profit | $6.8M | -17% | +147% |
| Net earnings | $2.0M | -76% | -47% |
| Operating cash flow | $7.6M | -46% | -39% |
| Free cash flow | $6.5M | -52% | -39% |
What changed
Revenue was $46.4M in Q4 2025, down 7% year over year and down 3% from the previous quarter. Pellet Procedures Product Revenue was the largest line at 69% of revenue.
Operating profit was $6.8M, a 14.7% margin (up 9.2 points year over year). Total costs fell 16% while revenue fell 7%. Net earnings were $2.0M, down 47% year over year. The effective tax rate was 53.3%.
Operating cash flow was $7.6M (down 39% year over year), 289% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $1.1M left free cash flow of $6.5M.
Questions
What was biote's revenue in the fourth quarter 2025?
biote (BTMD) reported revenue of $46.4M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and -3% from the quarter before.
Was biote profitable in the fourth quarter 2025?
Operating profit was $6.8M (14.7% of revenue) and net earnings $2.0M.
Source: biote 10-K on SEC EDGAR.