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

biote Corp. is the larger business by last-quarter revenue ($46.4M vs $35.3M, roughly 1.3× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs 4.2%, a 39.7% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -6.9%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $6.5M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% 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.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

BTMD vs UNTY — Head-to-Head

Bigger by revenue
BTMD
BTMD
1.3× larger
BTMD
$46.4M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+31.0% gap
UNTY
24.2%
-6.9%
BTMD
Higher net margin
UNTY
UNTY
39.7% more per $
UNTY
43.9%
4.2%
BTMD
More free cash flow
UNTY
UNTY
$37.9M more FCF
UNTY
$44.3M
$6.5M
BTMD
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
-0.4%
BTMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTMD
BTMD
UNTY
UNTY
Revenue
$46.4M
$35.3M
Net Profit
$2.0M
$15.5M
Gross Margin
Operating Margin
14.7%
55.8%
Net Margin
4.2%
43.9%
Revenue YoY
-6.9%
24.2%
Net Profit YoY
-47.2%
34.5%
EPS (diluted)
$0.05
$1.52

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
UNTY
UNTY
Q4 25
$46.4M
$35.3M
Q3 25
$48.0M
$32.8M
Q2 25
$48.9M
$34.4M
Q1 25
$49.0M
$29.4M
Q4 24
$49.8M
$28.4M
Q3 24
$51.4M
$27.7M
Q2 24
$49.2M
$25.5M
Q1 24
$46.8M
$25.6M
Net Profit
BTMD
BTMD
UNTY
UNTY
Q4 25
$2.0M
$15.5M
Q3 25
$8.2M
$14.4M
Q2 25
$3.2M
$16.5M
Q1 25
$13.7M
$11.6M
Q4 24
$3.7M
$11.5M
Q3 24
$10.7M
$10.9M
Q2 24
$-7.1M
$9.5M
Q1 24
$-4.2M
$9.6M
Operating Margin
BTMD
BTMD
UNTY
UNTY
Q4 25
14.7%
55.8%
Q3 25
17.2%
57.5%
Q2 25
22.0%
62.6%
Q1 25
19.8%
52.6%
Q4 24
5.6%
51.0%
Q3 24
23.7%
52.7%
Q2 24
12.7%
49.3%
Q1 24
22.3%
50.0%
Net Margin
BTMD
BTMD
UNTY
UNTY
Q4 25
4.2%
43.9%
Q3 25
17.1%
43.8%
Q2 25
6.5%
48.0%
Q1 25
28.0%
39.5%
Q4 24
7.4%
40.5%
Q3 24
20.8%
39.4%
Q2 24
-14.4%
37.1%
Q1 24
-8.9%
37.5%
EPS (diluted)
BTMD
BTMD
UNTY
UNTY
Q4 25
$0.05
$1.52
Q3 25
$0.22
$1.41
Q2 25
$0.10
$1.61
Q1 25
$0.37
$1.13
Q4 24
$0.09
$1.13
Q3 24
$0.33
$1.07
Q2 24
$-0.21
$0.92
Q1 24
$-0.12
$0.94

Balance Sheet & Financial Strength

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

Metric
BTMD
BTMD
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$24.1M
Total DebtLower is stronger
$103.1M
Stockholders' EquityBook value
$-58.5M
$345.6M
Total Assets
$107.6M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTMD
BTMD
UNTY
UNTY
Q4 25
$24.1M
Q3 25
$28.0M
Q2 25
$19.6M
Q1 25
$41.7M
Q4 24
$39.3M
Q3 24
$38.2M
Q2 24
$26.4M
Q1 24
$78.8M
Total Debt
BTMD
BTMD
UNTY
UNTY
Q4 25
$103.1M
Q3 25
$104.7M
Q2 25
$106.3M
Q1 25
$107.8M
Q4 24
$109.4M
$230.8M
Q3 24
$110.9M
Q2 24
$112.5M
Q1 24
$114.1M
Stockholders' Equity
BTMD
BTMD
UNTY
UNTY
Q4 25
$-58.5M
$345.6M
Q3 25
$-72.8M
$334.0M
Q2 25
$-85.1M
$319.8M
Q1 25
$-90.0M
$306.1M
Q4 24
$-105.9M
$295.6M
Q3 24
$-130.3M
$284.3M
Q2 24
$-143.2M
$273.4M
Q1 24
$-36.0M
$266.8M
Total Assets
BTMD
BTMD
UNTY
UNTY
Q4 25
$107.6M
$3.0B
Q3 25
$111.3M
$2.9B
Q2 25
$104.8M
$2.9B
Q1 25
$123.4M
$2.8B
Q4 24
$122.4M
$2.7B
Q3 24
$101.3M
$2.6B
Q2 24
$92.9M
$2.6B
Q1 24
$160.1M
$2.6B
Debt / Equity
BTMD
BTMD
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
Q3 24
Q2 24
Q1 24

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
UNTY
UNTY
Operating Cash FlowLast quarter
$7.6M
$44.9M
Free Cash FlowOCF − Capex
$6.5M
$44.3M
FCF MarginFCF / Revenue
14.0%
125.7%
Capex IntensityCapex / Revenue
2.3%
1.6%
Cash ConversionOCF / Net Profit
3.87×
2.90×
TTM Free Cash FlowTrailing 4 quarters
$30.2M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTMD
BTMD
UNTY
UNTY
Q4 25
$7.6M
$44.9M
Q3 25
$14.1M
$45.5M
Q2 25
$7.1M
$-25.3M
Q1 25
$6.5M
$17.9M
Q4 24
$12.4M
$48.0M
Q3 24
$15.6M
$17.7M
Q2 24
$9.9M
$-8.4M
Q1 24
$7.4M
$15.8M
Free Cash Flow
BTMD
BTMD
UNTY
UNTY
Q4 25
$6.5M
$44.3M
Q3 25
$13.6M
$45.3M
Q2 25
$5.3M
$-25.5M
Q1 25
$4.8M
$17.6M
Q4 24
$10.7M
$47.3M
Q3 24
$14.0M
$17.5M
Q2 24
$7.4M
$-8.6M
Q1 24
$6.7M
$15.7M
FCF Margin
BTMD
BTMD
UNTY
UNTY
Q4 25
14.0%
125.7%
Q3 25
28.3%
138.1%
Q2 25
10.8%
-74.2%
Q1 25
9.9%
59.9%
Q4 24
21.5%
166.5%
Q3 24
27.3%
63.3%
Q2 24
15.1%
-33.7%
Q1 24
14.2%
61.4%
Capex Intensity
BTMD
BTMD
UNTY
UNTY
Q4 25
2.3%
1.6%
Q3 25
1.0%
0.7%
Q2 25
3.7%
0.5%
Q1 25
3.3%
1.0%
Q4 24
3.4%
2.4%
Q3 24
3.0%
0.5%
Q2 24
5.1%
0.5%
Q1 24
1.5%
0.3%
Cash Conversion
BTMD
BTMD
UNTY
UNTY
Q4 25
3.87×
2.90×
Q3 25
1.72×
3.16×
Q2 25
2.22×
-1.54×
Q1 25
0.47×
1.54×
Q4 24
3.34×
4.17×
Q3 24
1.45×
1.62×
Q2 24
-0.89×
Q1 24
1.64×

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%

UNTY
UNTY

Segment breakdown not available.

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