Biote Corp (NAS:BTMD)
$ 1.95 -0.14 (-6.67%) Market Cap: 59.15 Mil Enterprise Value: 170.38 Mil PE Ratio: 4.43 PB Ratio: 0 GF Score: 70/100

Q4 2025 Biote Corp Earnings Call Transcript

Mar 11, 2026 / 09:00 PM GMT
Release Date Price: $1.72 (+1.18%)

Key Points

Positve
  • Biote Corp (BTMD) successfully rebuilt a significant portion of its commercial team, increasing the number of salespeople from approximately 60 to over 90 by the end of 2025.
  • The company reported a 16% growth in dietary supplement revenue, driven by the continued expansion of its e-commerce channel.
  • Biote Corp (BTMD) has seen an acceleration in the number of practitioners attending training sessions, indicating successful recruitment and training efforts.
  • The company plans to expand its sales personnel to approximately 120 by the end of Q1 2026, reflecting a commitment to growth.
  • Biote Corp (BTMD) is investing in its technology platform to enhance the practitioner journey and improve long-term practitioner retention.
Negative
  • Fourth quarter revenue decreased by 6.9%, with procedure revenue declining 13% due to lower net new clinic additions and procedure volume.
  • Gross profit margin decreased from 71.8% to 68.0%, impacted by a $1.3 million charge to inventory related to a voluntary recall.
  • The company experienced higher practitioner and clinic attrition rates, which were stable at around 5% but accelerated to high single-digits in 2025.
  • Adjusted EBITDA decreased to $11.7 million with a margin of 25.2%, down from $15.1 million and a margin of 30.3% in the previous year.
  • Biote Corp (BTMD) anticipates a mid to high single-digit percentage decrease in procedure revenue in the first half of 2026, partly due to the recall impact.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BTMD.OQ - biote Corp
Q4 2025 Biote Corp Earnings Call
Mar 11, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day and welcome to the BOT 4th quarter and full year 2025 earnings conference call.

All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the key, followed by 0.

After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touchtone phone.

To withdraw your question, please press star and then 2.

Please note this event is being recorded.

I would now like to turn the conference over to Simon Seravitsky, Investor relations. Please go ahead.

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Unidentified_2 [2]
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