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Biote Corp. BTMD Unsatisfied Pellet Procedures — Deferred Revenue

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Other financials

Income statement

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Revenue$44.9M-8.3%
Gross profit$31.0M-14.9%
Operating income$3.2M-67.3%
Net income$2.3M-83.4%
EPS (diluted)$0.06-83.8%

Balance sheet

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Cash & equivalents$5.3M-87.2%
Total debt$103.4M-5.5%
Total equity-$56.1M+37.7%
Total assets$89.0M-27.8%

Cash flow

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Operating cash flow$3.9M-39.7%
CapEx$362.0K-77.8%
Free cash flow$3.5M-26.8%

Valuation

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Market cap$57.33M-51.2%
Enterprise value$155.43M-26.5%
P/E3.7×-0.1×
P/S0.3×-0.3×

Profitability

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Gross margin70.1%-1.2pp
Operating margin15.4%-0.1pp
Net margin8.3%-2.3pp
FCF margin15.3%-3.2pp

Returns & leverage

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Return on equity-21.4%
Debt / equity9.1×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Biote Corp. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Biote Corp.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biote Corp.'s unsatisfied pellet procedures — deferred revenue?
Biote Corp. (BTMD) reported unsatisfied pellet procedures — deferred revenue of $1.62M in Q1 2026.
How has Biote Corp.'s unsatisfied pellet procedures — deferred revenue changed year-over-year?
Biote Corp.'s unsatisfied pellet procedures — deferred revenue decreased by 9.9% year-over-year, from $1.79M to $1.62M.
What is the long-term trend for Biote Corp.'s unsatisfied pellet procedures — deferred revenue?
Over 2 years (2023 to 2025), Biote Corp.'s unsatisfied pellet procedures — deferred revenue has grown at a 19.0% compound annual growth rate (CAGR), from $5.02M to $7.12M.
What does unsatisfied pellet procedures — deferred revenue mean?
This metric represents the total aggregate deferred revenue liability for hormone pellet procedures that have been invoiced or paid but remain unfulfilled. It acts as a comprehensive measure of the company's total outstanding performance obligations to its certified practitioners and their patients. Tracking this total liability provides insight into the overall scale of the company's service backlog and the potential revenue pipeline waiting to be recognized.