Biote Q3 2026 revenue falls 9.6% to $43.3 million; full-year guidance unchanged
Biote reported third-quarter 2026 revenue of $43.3 million, down 9.6% from $48.0 million a year earlier, and net income of $0.6 million, or $0.01 per diluted share, versus $9.2 million, or $0.22, in the prior-year quarter. The company kept its full-year 2026 guidance of revenue above $175 million and adjusted EBITDA above $25 million, and its interim CEO said a recent rise in procedure volume suggests demand is stabilizing, though the return to growth is progressing more slowly than anticipated.
Key points
- Revenue was $43.3 million, down 9.6% from $48.0 million; procedure revenue fell 15.1% to $28.9 million while dietary supplements revenue grew 7.3% to $12.0 million.
- Gross profit margin was 67.7% versus 71.8%, primarily due to residual impacts of the voluntary recall in January 2026.
- Adjusted EBITDA was $5.1 million versus $12.9 million; net income was $0.6 million, or $0.01 per diluted share, versus $0.22 a year earlier.
- Full-year 2026 revenue (above $175 million) and adjusted EBITDA (above $25 million) outlook remains unchanged from the second-quarter earnings release.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.