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Biote Corp. BTMD Operating margin

Operating margin at other companies

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TargetTGT
4.5%-0.9pp
Walmart
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Walmart WMT
4.2%-0.2pp
Lifecore Biomedical, Inc. logo
Lifecore Biomedical, Inc.LFCR
-14.5%-2.2pp
BioLife Solutions logo
BioLife SolutionsBLFS
-16.7%
NAG
Niagen Bioscience, Inc. Common StockNAGE
10%-2.2pp
Lifevantage Corporation logo
Lifevantage CorporationLFVN
3.4%-2.5pp

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-57.5%
Enterprise value$155.43M-30.3%
P/E3.7×-0.6×
P/S0.3×-0.4×

Profitability

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Gross margin70.1%-1.2pp
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

Calculated from Biote Corp.’s reported figures.

Based on trailing twelve months.

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 operating margin?
Biote Corp. (BTMD) reported operating margin of 15.4% in Q1 2026.
How has Biote Corp.'s operating margin changed year-over-year?
Biote Corp.'s operating margin decreased by 0.4% year-over-year, from 15.5% to 15.4%.
What is the long-term trend for Biote Corp.'s operating margin?
Over 3 years (2021 to 2025), Biote Corp.'s operating margin has grown at a 1.0% compound annual growth rate (CAGR), from 18% to 18.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.