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Side-by-side financial comparison of biote Corp. (BTMD) and COMPX INTERNATIONAL INC (CIX). Click either name above to swap in a different company.

biote Corp. is the larger business by last-quarter revenue ($46.4M vs $37.7M, roughly 1.2× COMPX INTERNATIONAL INC). COMPX INTERNATIONAL INC runs the higher net margin — 12.4% vs 4.2%, a 8.2% gap on every dollar of revenue. On growth, COMPX INTERNATIONAL INC posted the faster year-over-year revenue change (-1.9% vs -6.9%). COMPX INTERNATIONAL INC produced more free cash flow last quarter ($11.4M vs $6.5M). Over the past eight quarters, COMPX INTERNATIONAL INC's revenue compounded faster (-0.4% CAGR vs -0.4%).

biote Corp is a healthcare company specializing in personalized bioidentical hormone replacement therapy solutions for adult men and women. It operates primarily in the U.S. market, offering training programs for licensed healthcare providers, along with complementary wellness supplements and diagnostic services to support patient care outcomes.

COMPX International Inc. is a diversified manufacturer of security and control products, including high-performance locking systems, electronic access solutions, ergonomic workstation components, and marine hardware. It primarily serves North American and European markets, catering to commercial, residential, industrial, healthcare, and recreational marine segments.

BTMD vs CIX — Head-to-Head

Bigger by revenue
BTMD
BTMD
1.2× larger
BTMD
$46.4M
$37.7M
CIX
Growing faster (revenue YoY)
CIX
CIX
+5.0% gap
CIX
-1.9%
-6.9%
BTMD
Higher net margin
CIX
CIX
8.2% more per $
CIX
12.4%
4.2%
BTMD
More free cash flow
CIX
CIX
$4.9M more FCF
CIX
$11.4M
$6.5M
BTMD
Faster 2-yr revenue CAGR
CIX
CIX
Annualised
CIX
-0.4%
-0.4%
BTMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTMD
BTMD
CIX
CIX
Revenue
$46.4M
$37.7M
Net Profit
$2.0M
$4.7M
Gross Margin
32.1%
Operating Margin
14.7%
15.0%
Net Margin
4.2%
12.4%
Revenue YoY
-6.9%
-1.9%
Net Profit YoY
-47.2%
3.6%
EPS (diluted)
$0.05
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BTMD
BTMD
CIX
CIX
Q4 25
$46.4M
$37.7M
Q3 25
$48.0M
$40.0M
Q2 25
$48.9M
$40.4M
Q1 25
$49.0M
$40.3M
Q4 24
$49.8M
$38.4M
Q3 24
$51.4M
$33.7M
Q2 24
$49.2M
$35.9M
Q1 24
$46.8M
$38.0M
Net Profit
BTMD
BTMD
CIX
CIX
Q4 25
$2.0M
$4.7M
Q3 25
$8.2M
$4.2M
Q2 25
$3.2M
$5.5M
Q1 25
$13.7M
$5.1M
Q4 24
$3.7M
$4.5M
Q3 24
$10.7M
$3.5M
Q2 24
$-7.1M
$4.8M
Q1 24
$-4.2M
$3.8M
Gross Margin
BTMD
BTMD
CIX
CIX
Q4 25
32.1%
Q3 25
27.6%
Q2 25
31.9%
Q1 25
30.2%
Q4 24
28.8%
Q3 24
28.1%
Q2 24
31.1%
Q1 24
25.5%
Operating Margin
BTMD
BTMD
CIX
CIX
Q4 25
14.7%
15.0%
Q3 25
17.2%
11.9%
Q2 25
22.0%
15.7%
Q1 25
19.8%
14.6%
Q4 24
5.6%
12.7%
Q3 24
23.7%
9.9%
Q2 24
12.7%
14.2%
Q1 24
22.3%
9.8%
Net Margin
BTMD
BTMD
CIX
CIX
Q4 25
4.2%
12.4%
Q3 25
17.1%
10.6%
Q2 25
6.5%
13.5%
Q1 25
28.0%
12.7%
Q4 24
7.4%
11.7%
Q3 24
20.8%
10.3%
Q2 24
-14.4%
13.5%
Q1 24
-8.9%
9.9%
EPS (diluted)
BTMD
BTMD
CIX
CIX
Q4 25
$0.05
$0.38
Q3 25
$0.22
$0.34
Q2 25
$0.10
$0.44
Q1 25
$0.37
$0.42
Q4 24
$0.09
$0.37
Q3 24
$0.33
$0.28
Q2 24
$-0.21
$0.39
Q1 24
$-0.12
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTMD
BTMD
CIX
CIX
Cash + ST InvestmentsLiquidity on hand
$24.1M
$54.1M
Total DebtLower is stronger
$103.1M
Stockholders' EquityBook value
$-58.5M
$138.6M
Total Assets
$107.6M
$156.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTMD
BTMD
CIX
CIX
Q4 25
$24.1M
$54.1M
Q3 25
$28.0M
$46.3M
Q2 25
$19.6M
$56.2M
Q1 25
$41.7M
$56.1M
Q4 24
$39.3M
$60.8M
Q3 24
$38.2M
$58.8M
Q2 24
$26.4M
$82.1M
Q1 24
$78.8M
$75.6M
Total Debt
BTMD
BTMD
CIX
CIX
Q4 25
$103.1M
Q3 25
$104.7M
Q2 25
$106.3M
Q1 25
$107.8M
Q4 24
$109.4M
Q3 24
$110.9M
Q2 24
$112.5M
Q1 24
$114.1M
Stockholders' Equity
BTMD
BTMD
CIX
CIX
Q4 25
$-58.5M
$138.6M
Q3 25
$-72.8M
$137.7M
Q2 25
$-85.1M
$149.5M
Q1 25
$-90.0M
$147.6M
Q4 24
$-105.9M
$146.1M
Q3 24
$-130.3M
$145.3M
Q2 24
$-143.2M
$170.2M
Q1 24
$-36.0M
$168.9M
Total Assets
BTMD
BTMD
CIX
CIX
Q4 25
$107.6M
$156.2M
Q3 25
$111.3M
$153.7M
Q2 25
$104.8M
$164.8M
Q1 25
$123.4M
$162.2M
Q4 24
$122.4M
$163.0M
Q3 24
$101.3M
$160.1M
Q2 24
$92.9M
$185.1M
Q1 24
$160.1M
$181.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BTMD
BTMD
CIX
CIX
Operating Cash FlowLast quarter
$7.6M
$12.0M
Free Cash FlowOCF − Capex
$6.5M
$11.4M
FCF MarginFCF / Revenue
14.0%
30.3%
Capex IntensityCapex / Revenue
2.3%
1.6%
Cash ConversionOCF / Net Profit
3.87×
2.57×
TTM Free Cash FlowTrailing 4 quarters
$30.2M
$19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTMD
BTMD
CIX
CIX
Q4 25
$7.6M
$12.0M
Q3 25
$14.1M
$6.3M
Q2 25
$7.1M
$4.7M
Q1 25
$6.5M
$-137.0K
Q4 24
$12.4M
$7.3M
Q3 24
$15.6M
$4.1M
Q2 24
$9.9M
$9.8M
Q1 24
$7.4M
$1.7M
Free Cash Flow
BTMD
BTMD
CIX
CIX
Q4 25
$6.5M
$11.4M
Q3 25
$13.6M
$5.3M
Q2 25
$5.3M
$3.4M
Q1 25
$4.8M
$-959.0K
Q4 24
$10.7M
$7.1M
Q3 24
$14.0M
$3.6M
Q2 24
$7.4M
$9.4M
Q1 24
$6.7M
$1.4M
FCF Margin
BTMD
BTMD
CIX
CIX
Q4 25
14.0%
30.3%
Q3 25
28.3%
13.2%
Q2 25
10.8%
8.4%
Q1 25
9.9%
-2.4%
Q4 24
21.5%
18.5%
Q3 24
27.3%
10.8%
Q2 24
15.1%
26.2%
Q1 24
14.2%
3.6%
Capex Intensity
BTMD
BTMD
CIX
CIX
Q4 25
2.3%
1.6%
Q3 25
1.0%
2.5%
Q2 25
3.7%
3.3%
Q1 25
3.3%
2.0%
Q4 24
3.4%
0.6%
Q3 24
3.0%
1.4%
Q2 24
5.1%
1.2%
Q1 24
1.5%
0.8%
Cash Conversion
BTMD
BTMD
CIX
CIX
Q4 25
3.87×
2.57×
Q3 25
1.72×
1.48×
Q2 25
2.22×
0.87×
Q1 25
0.47×
-0.03×
Q4 24
3.34×
1.62×
Q3 24
1.45×
1.18×
Q2 24
2.03×
Q1 24
0.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BTMD
BTMD

Product Revenue$45.3M98%
Disposable Trocars Product Revenue$1.2M3%

CIX
CIX

Security Products$29.5M78%
Marine Components$8.2M22%

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