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biote (BTMD) Revenue & Revenue Breakdown

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biote Revenue Highlights

Latest Revenue (Y)

$197.19M

Latest Revenue (Q)

$51.38M

Main Segment (Y)

Product Revenue

Main Geography (Y)

UNITED STATES

biote Revenue by Period

biote Revenue by Year

DateRevenueChange
2024-12-31$197.19M6.38%
2023-12-31$185.36M12.37%
2022-12-31$164.96M18.34%
2021-12-31$139.40M19.58%
2020-12-31$116.57M5.99%
2019-12-31$109.98M-

biote generated $197.19M in revenue during NA 2024, up 6.38% compared to the previous quarter, and up 179.30% compared to the same period a year ago.

biote Revenue by Quarter

DateRevenueChange
2024-09-30$51.38M4.50%
2024-06-30$49.17M5.05%
2024-03-31$46.80M2.41%
2023-12-31$45.70M0.32%
2023-09-30$45.56M-7.51%
2023-06-30$49.26M9.84%
2023-03-31$44.84M0.80%
2022-12-31$44.48M5.99%
2022-09-30$41.97M1.48%
2022-06-30$41.36M11.35%
2022-03-31$37.14M-1.05%
2021-12-31$37.54M5.54%
2021-09-30$35.57M2.35%
2021-06-30$34.75M10.17%
2021-03-31$31.54M2.31%
2020-12-31$30.83M-

biote generated $51.38M in revenue during Q3 2024, up 4.50% compared to the previous quarter, and up 104.32% compared to the same period a year ago.

biote Revenue Breakdown

biote Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22
Other Service Revenue$2.27M$697.00K-
Product Revenue$192.24M$182.57M$163.13M
Training Service Revenue$1.46M$1.17M$973.00K
Service Revenue$4.95M$2.79M$1.82M
Dietary Supplements$36.02M$38.09M$32.41M

biote's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product Revenue (81.14%), Dietary Supplements (15.20%), Service Revenue (2.09%), Other Service Revenue (0.96%), and Training Service Revenue (0.61%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Product Revenue$96.40M$49.81M$46.03M$44.94M$44.83M$48.65M$44.16M$122.34M$41.57M$40.79M
Dietary Supplements$18.31M$10.32M$7.39M$9.13M$8.47M$12.15M$8.33M$24.46M$8.07M$7.95M
Service Revenue$2.60M$1.58M$769.00K$768.00K$726.00K$605.00K$688.00K$1.25M$396.00K$570.00K
Training Service Revenue$609.00K$573.00K$274.00K$983.00K$321.00K$202.00K$-336.00K$617.00K$186.00K$356.00K
Other Service Revenue$1.35M$702.00K$221.00K$206.00K$171.00K$178.00K$142.00K---

biote's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product Revenue (80.82%), Dietary Supplements (15.35%), Service Revenue (2.18%), Other Service Revenue (1.13%), and Training Service Revenue (0.51%).

biote Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
All Other Country$1.02M$735.00K$434.00K
UNITED STATES$196.20M$181.84M$164.52M

biote's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (99.48%), and All Other Country (0.52%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
UNITED STATES$100.55M$49.99M$45.66M$43.44M$44.57M$49.16M$44.67M$121.49M$41.85M$41.25M
All Other Country$825.00K$-185.00K$379.00K$206.00K$261.00K$97.00K$171.00K$281.00K$116.00K$110.00K

biote's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (99.19%), and All Other Country (0.81%).

biote Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EHCEncompass Health$5.37B$1.35B
OPCHOption Care Health$5.00B$1.28B
ENSGEnsign Group$4.26B$1.08B
ACHCAcadia Healthcare$3.15B$815.63M
MODVModivCare$2.79B$702.04M
AMEDAmedisys$2.35B$587.67M
INNVInnovAge$763.86M$209.00M
PNTGPennant Group$695.24M$168.75M
BTMDbiote$197.19M$51.38M

BTMD Revenue FAQ

What is biote’s yearly revenue?

biote's yearly revenue for 2024 was $197.19M, representing an increase of 6.38% compared to 2023. The company's yearly revenue for 2023 was $185.36M, representing an increase of 12.37% compared to 2022. BTMD's yearly revenue for 2022 was $164.96M, representing an increase of 18.34% compared to 2021.

What is biote’s quarterly revenue?

biote's quarterly revenue for Q3 2024 was $51.38M, a 4.50% increase from the previous quarter (Q2 2024), and a 12.79% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $49.17M, a 5.05% increase from the previous quarter (Q1 2024), and a -0.18% decrease year-over-year (Q2 2023). BTMD's quarterly revenue for Q1 2024 was $46.8M, a 2.41% increase from the previous quarter (Q4 2023), and a 4.37% increase year-over-year (Q1 2023).

What is biote’s revenue growth rate?

biote's revenue growth rate for the last 3 years (2022-2024) was 19.54%, and for the last 5 years (2020-2024) was 69.16%.

What are biote’s revenue streams?

biote's revenue streams in c 24 are Other Service Revenue, Product Revenue, Training Service Revenue, Service Revenue, and Dietary Supplements. Other Service Revenue generated $2.27M in revenue, accounting 0.96% of the company's total revenue, up 225.54% year-over-year. Product Revenue generated $192.24M in revenue, accounting 81.14% of the company's total revenue, up 5.29% year-over-year. Training Service Revenue generated $1.46M in revenue, accounting 0.61% of the company's total revenue, up 24.44% year-over-year. Service Revenue generated $4.95M in revenue, accounting 2.09% of the company's total revenue, up 77.65% year-over-year. Dietary Supplements generated $36.02M in revenue, accounting 15.20% of the company's total revenue, down -5.44% year-over-year.

What is biote’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of biote was Product Revenue. This segment made a revenue of $192.24M, representing 81.14% of the company's total revenue.