biote Corp.

BTMD ·Healthcare, Drug Manufacturers - General, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021
Revenue $192.2M $197.2M $185.4M $165.0M $139.4M
Cost of Revenue $54.9M $58.1M $57.9M $54.6M $48.8M
Gross Profit $137.4M $139.1M $127.5M $110.4M $90.6M
Gross Margin 71.5% 70.5% 68.8% 66.9% 65.0%
Operating Expenses
Research & Development — — — — —
SG&A Expense $101.8M $107.5M $98.8M $171.1M $49.1M
Operating Income $35.6M $31.6M $28.7M $-60.7M $34.6M
Operating Margin 18.5% 16.0% 15.5% -36.8% 24.8%
Interest Expense — — — — —
Pretax Income $37.6M $1.0M $-123.0K $1.7M $32.9M
Income Tax Expense $6.0M $970.0K $2.7M $388.0K $286.0K
Net Income $27.0M $3.2M $3.3M $-969.0K $11.1M
Net Margin 14.1% 1.6% 1.8% -0.6% 8.0%
EPS (Basic) $0.86 $0.09 $0.13 $-0.04 —
EPS (Diluted) $0.74 $0.09 $0.13 $-0.04 —
Shares Outstanding (Basic) 31.3M 34.3M 25.7M 24.2M —
Shares Outstanding (Diluted) 36.7M 34.3M 25.7M 24.2M —
Dividends Per Share — — — — —