Biote Corp. is dedicated to supporting and developing medical practices that focus on hormone optimization. The company provides a comprehensive system for its Biote-certified healthcare professionals, enabling them to correct imbalances in patients' hormone, vitamin, and mineral levels. This includes authorizing the prescription of bioidentical hormone treatments and suggesting suitable dietary supplements. Furthermore, Biote offers its own line of branded nutritional supplements and supplies sterile kits for inserting hormone pellets for both male and female individuals. Founded in 2011, Biote Corp. is based in Irvine, Texas.
Biote Reports Second Quarter 2026 Financial Results
Biote reported second quarter revenue of $44.2 million, a decrease of 9.5% year-over-year, and swung to a net loss of $7.4 million compared to net income of $3.9 million in the prior year.
The financial decline was primarily attributed to a voluntary product recall of hormone pellets shipped by Asteria Health, which negatively impacted procedure revenue and gross margins.
Management revised its full-year 2026 outlook, now expecting revenue above $175 million, and delayed the anticipated return to year-over-year procedure revenue growth due to the recall's lingering effects.