---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-209103"
form_type: "8-K"
ticker: "BTMD"
cik: "0001819253"
company_name: "biote Corp."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:50:13.814918+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Biote Q2 revenue up 19% to $49.3M; FY2023 guidance narrowed to lower end

## Summary
- Revenue $49.3M (+19.1% YoY) driven by procedure (+9.8%) and supplement (+52.8%) growth; gross margin 67.9% (+60 bps).
- GAAP net loss $(13.1M) ($(0.25)/share) vs $(21.3M) ($(0.34)) prior year; adjusted EBITDA $14.5M (+10.6%).
- FY2023 guidance lowered to lower end of range: revenue $190-200M, adjusted EBITDA $56-60M, citing moderate H2 pace.
- Completed warrant exchange and secondary offering to enhance share liquidity; launched Men's Health division and trials for expanded wellness products.

## SEC filing metadata
- accession: 0001193125-23-209103
- form_type: 8-K
- ticker: BTMD
- cik: 0001819253
- company_name: biote Corp.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819253/000119312523209103/0001193125-23-209103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819253/000119312523209103/d516871d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-209103
- JSON: https://secwatch.observer/filing/0001193125-23-209103.json
- Plain text: https://secwatch.observer/filing/0001193125-23-209103.txt

## Key facts
- Earnings Releases
  biote Corp. reported the second quarter ended June 30, 2023 results: revenue $49.3 million, net income $(13.1) million, EPS $(0.25). Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $49.3 million
  - Net income: $(13.1) million
  - EPS: $(0.25)
  - Guidance: reaffirmed
  - Result: reported results
  source text: for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights (All financial result comparisons made are against the prior year period) • Revenue of $49.3 million, a 19.1% increase • Gross profit margin of 67.9%, a 60-basis point increase • Net loss of $(13.1) million and GAAP loss per share of $(0.25), compared to a net loss of $(21.3)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819253/000119312523209103/0001193125-23-209103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.