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biote Corp. (BTMD) Stock Fundamental Analysis & AI Rating 2026

BTMD Nasdaq Medicinal Chemicals & Botanical Products CIK: 0001819253
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
76% Confidence
AGREEMENT
SELL
75% Conf
HOLD
78% Conf

📊 BTMD Key Takeaways

Revenue: $192.2M
Net Margin: 14.1%
Free Cash Flow: $30.2M
Current Ratio: 1.22x
Debt/Equity: N/A
EPS: $0.74
AI Rating: SELL with 75% confidence
biote Corp. (BTMD) receives a SELL rating with 76% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $192.2M, net profit margin of 14.1%, biote Corp. demonstrates mixed fundamentals in the Materials sector. Below is our complete BTMD stock analysis for 2026.

Is biote Corp. (BTMD) a Good Investment?

Claude

Biote Corp demonstrates concerning financial distress with negative stockholders' equity of -$58.5M despite generating positive operating cash flows and profitability. The company's debt burden ($103.1M) significantly exceeds total assets, creating unsustainable leverage that threatens long-term viability even as current operations remain marginally profitable.

ChatGPT

biote Corp. shows solid underlying profitability and cash generation, with 18.5% operating margin, 14.1% net margin, and free cash flow of $30.18M on $192.22M of revenue. However, the slight revenue decline, heavy long-term debt load, and negative stockholders' equity materially weaken the balance-sheet profile and limit the quality of the earnings story. Fundamentally, this looks like a profitable but financially constrained business rather than a clear high-quality compounder.

Why Buy biote Corp. Stock? BTMD Key Strengths

Claude
  • + Strong operating margins at 18.5% with net margins of 14.1% indicate profitable core operations
  • + Positive free cash flow of $30.2M (15.7% FCF margin) demonstrates ability to generate cash from operations
  • + Healthy ROA of 25.1% shows efficient asset utilization relative to profitability
ChatGPT
  • + Strong profitability relative to revenue, with 18.5% operating margin and 14.1% net margin
  • + Healthy cash generation, with operating cash flow of $35.19M and free cash flow margin of 15.7%
  • + High asset efficiency, reflected in ROA of 25.1%

BTMD Stock Risks: biote Corp. Investment Risks

Claude
  • ! Negative stockholders' equity of -$58.5M indicates severe balance sheet insolvency and technical bankruptcy
  • ! Long-term debt of $103.1M exceeds total assets of $107.6M, creating dangerous leverage ratios
  • ! Revenue declining 2.5% YoY combined with negative equity suggests deteriorating competitive position unable to support debt load
  • ! Quick ratio of 0.79x indicates potential liquidity strain on short-term obligations
ChatGPT
  • ! Revenue declined 2.5% YoY, which raises concern about top-line durability
  • ! Negative stockholders equity indicates a weak capital structure and reduces balance-sheet flexibility
  • ! Long-term debt of $103.12M is high relative to cash of $24.12M and total assets of $107.61M

Key Metrics to Watch

Claude
  • * Stockholders' equity trajectory and debt restructuring efforts
  • * Operating cash flow sustainability and ability to service long-term debt
  • * Revenue stabilization and gross margin trends to assess operational health
ChatGPT
  • * Revenue growth trend
  • * Net debt reduction and stockholders equity improvement

biote Corp. (BTMD) Financial Metrics & Key Ratios

Revenue
$192.2M
Net Income
$27.0M
EPS (Diluted)
$0.74
Free Cash Flow
$30.2M
Total Assets
$107.6M
Cash Position
$24.1M

💡 AI Analyst Insight

biote Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BTMD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 18.5%
Net Margin 14.1%
ROE N/A
ROA 25.1%
FCF Margin 15.7%

BTMD vs Materials Sector: How biote Corp. Compares

How biote Corp. compares to Materials sector averages

Net Margin
BTMD 14.1%
vs
Sector Avg 10.0%
BTMD Sector
ROE
BTMD 0.0%
vs
Sector Avg 14.0%
BTMD Sector
Current Ratio
BTMD 1.2x
vs
Sector Avg 1.6x
BTMD Sector
Debt/Equity
BTMD 0.0x
vs
Sector Avg 0.6x
BTMD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is biote Corp. Stock Overvalued? BTMD Valuation Analysis 2026

Based on fundamental analysis, biote Corp. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
N/A
Sector avg: 14%
Net Profit Margin
14.1%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

biote Corp. Balance Sheet: BTMD Debt, Cash & Liquidity

Current Ratio
1.22x
Quick Ratio
0.79x
Debt/Equity
N/A
Debt/Assets
146.8%
Interest Coverage
N/A
Long-term Debt
$103.1M

BTMD Revenue & Earnings Growth: 5-Year Financial Trend

BTMD 5-year financial data: Year 2022: Revenue $165.0M, Net Income -$969.0K, EPS $-0.12. Year 2023: Revenue $185.4M, Net Income -$969.0K, EPS $-0.12. Year 2024: Revenue $197.2M, Net Income $3.3M, EPS $0.13. Year 2025: Revenue $197.2M, Net Income $3.2M, EPS $0.09.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: biote Corp.'s revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.09 reflects profitable operations.

BTMD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
15.7%
Free cash flow / Revenue

BTMD Quarterly Earnings & Performance

Quarterly financial performance data for biote Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $48.0M -$546.0K $-0.02
Q2 2025 $48.9M $3.2M $0.10
Q1 2025 $46.8M -$4.2M $-0.12
Q3 2024 $45.6M -$546.0K $-0.02
Q2 2024 $49.2M -$5.1M $-0.19
Q1 2024 $44.8M -$2.1M $-0.06
Q3 2023 $42.0M $15.0K $0.00
Q2 2023 $41.4M -$2.6M $-0.25

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

biote Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$35.2M
Cash generated from operations
Stock Buybacks
$3.4M
Shares repurchased (TTM)
Capital Expenditures
$5.0M
Investment in assets
Dividends Paid
$1.7M
Returned to shareholders

BTMD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for biote Corp. (CIK: 0001819253)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 8-K d126766d8k.htm View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 2, 2026 DEF 14A d52093ddef14a.htm View →
Mar 13, 2026 10-K btmd-20251231.htm View →

Frequently Asked Questions about BTMD

What is the AI rating for BTMD?

biote Corp. (BTMD) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BTMD's key strengths?

Claude: Strong operating margins at 18.5% with net margins of 14.1% indicate profitable core operations. Positive free cash flow of $30.2M (15.7% FCF margin) demonstrates ability to generate cash from operations. ChatGPT: Strong profitability relative to revenue, with 18.5% operating margin and 14.1% net margin. Healthy cash generation, with operating cash flow of $35.19M and free cash flow margin of 15.7%.

What are the risks of investing in BTMD?

Claude: Negative stockholders' equity of -$58.5M indicates severe balance sheet insolvency and technical bankruptcy. Long-term debt of $103.1M exceeds total assets of $107.6M, creating dangerous leverage ratios. ChatGPT: Revenue declined 2.5% YoY, which raises concern about top-line durability. Negative stockholders equity indicates a weak capital structure and reduces balance-sheet flexibility.

What is BTMD's revenue and growth?

biote Corp. reported revenue of $192.2M.

Does BTMD pay dividends?

biote Corp. pays dividends, with $1.7M distributed to shareholders in the trailing twelve months.

Where can I find BTMD SEC filings?

Official SEC filings for biote Corp. (CIK: 0001819253) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BTMD's EPS?

biote Corp. has a diluted EPS of $0.74.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BTMD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, biote Corp. has a SELL rating with 76% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BTMD stock overvalued or undervalued?

Valuation metrics for BTMD: ROE of N/A (sector avg: 14%), net margin of 14.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy BTMD stock in 2026?

Our dual AI analysis gives biote Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is BTMD's free cash flow?

biote Corp.'s operating cash flow is $35.2M, with capital expenditures of $5.0M. FCF margin is 15.7%.

How does BTMD compare to other Materials stocks?

Vs Materials sector averages: Net margin 14.1% (avg: 10%), ROE N/A (avg: 14%), current ratio 1.22 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI