biote Corp. (BTMD) FY2025 10-K Annual Report

Filed: Mar 13, 2026
Health Care
Medicinal Chemicals & Botanical ProductsSEC EDGAR

biote Corp. (BTMD) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 13, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

biote Corp. FY2025 10-K Analysis

Business Overview

  • Core business: hormone optimization training and Biote-branded dietary supplements sold to Biote-certified practitioners and partnered clinics
  • Strategic emphasis on managing risks related to outsourcing facilities that compound bioidentical hormones, including recent acquisition of Asteria Health (Mar 2024)
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Risk Factors

  • Regulatory risk from potential liability and recalls linked to compounded drug formulations via outsourcing facilities, posing reputational harm
  • Macroeconomic exposure from 2.5% revenue decline to $192.2M in 2025 due to slowdown in new clinic additions and procedure volumes
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biote Corp. FY2025 Key Financial Metrics
XBRL

Revenue

$192M

-2.5% YoY

Net Income

$27M

+756.7% YoY

Operating Margin

18.5%

+246bp YoY

Net Margin

14.1%

+1247bp YoY

ROE

-46.2%

-4322bp YoY

Total Assets

$108M

-12.1% YoY

EPS (Diluted)

$0.74

+722.2% YoY

Operating Cash Flow

$35M

-22.2% YoY

Source: XBRL data from biote Corp. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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