NASDAQ$BTMD

biote Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Biote reported Q1 2026 revenue of $44.9M and net income attributable to stockholders of $2.3M as earnout liability gain offset lower operating income.

For the quarter ended March 31, 2026, Biote generated revenue of $44.9 million versus $49.0 million a year ago. Operating income was $3.2 million. Net income attributable to biote Corp. stockholders was $2.3 million compared with $13.7 million in Q1 2025 when a larger earnout liability gain boosted results.

  • Revenue $44.9M; product revenue $43.9M.
  • Net income to stockholders $2.3M.
  • Operating income $3.2M vs $9.7M prior year.
  • Hormone wellness clinic network model.

Headline financials

Total Revenue

$44.9M

Previous: $49M-8.3%
EPS (adj)

$0.06

Previous: -$0.18+133.3%
Capital Expenditures

-$362K

Previous: -$1.63M+77.8%
Net Income

$2.28M

Previous: $13.7M-83.4%
Operating Income

$3.17M

Previous: $9.69M-67.3%

Revenue & EPS history

biote · Revenue · Quarterly

$44.9M

Q1 2026-8.3%vs Q1 2025
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Clinic partner growth and procedure volumes drive revenue; earnout and fair-value items can swing quarterly net income.

Tailwinds

  • Remained profitable on GAAP basis.
  • Recurring pellet procedure revenue model.

Headwinds

  • Revenue down YoY.
  • Lower operating income ex earnout gains.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-2.4%

Avg return

Earnings day

-4.0%

Avg return

5 days after

-3.0%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+16.9%

Q3 2024

Best reaction

-25.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-9.6%+4.6%
Q4 2025-10.5%-20.9%-7.6%
Q3 2025-2.4%-11.1%-13.0%
Q1 2025+11.3%+17.1%+14.7%
Q4 2024-25.1%-0.7%-11.0%
Q3 2024+16.9%-6.3%+13.7%
Q2 2024-21.2%-17.8%-10.6%
Q1 2024+0.2%+1.0%+11.1%
Q4 2023+11.9%+27.0%+10.1%
Q3 2023-20.2%-18.4%-0.9%
Q2 2023-14.4%-22.0%-23.7%
Q1 2023-17.2%-14.3%-20.6%
Q4 2022+16.6%+34.9%+33.3%
Q3 2022+2.3%+2.5%+7.2%
Q2 2022+1.1%-4.6%-7.4%
Q1 2022+0.6%-36.9%-64.3%
Q4 2021+0.0%+0.0%+0.6%
Q3 2021-0.1%+0.1%+1.0%
Q2 2021+0.0%-0.5%-0.2%
Q1 2021+0.6%+0.6%+3.0%
Q4 2020

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