Surgery Partners (SGRY) Operating Expenses (2014 - 2026)
Surgery Partners' (SGRY) quarterly Operating Expenses came in at $746.8 million in Q2 2026, up 4.52% year-over-year from $714.5 million in Q2 2025, and little changed quarter-over-quarter from $745.1 million in Q1 2026.
Analysis
Surgery Partners (SGRY) Operating Expenses (2014 - 2026) Analysis & Trends
Surgery Partners has disclosed Operating Expenses across 13 years of filings, most recently posting $746.8 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.52% year-over-year to $746.8 million; the TTM figure through Jun 2026 stood at $3.0 billion (up 3.72% YoY), while the FY2025 annual figure was $2.9 billion, up 5.56% from the prior year.
- Operating Expenses came in at $746.8 million for Q2 2026 at Surgery Partners, roughly flat from $745.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $774.8 million in Q4 2025 to a low of $495.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $654.8 million, with a median of $659.4 million recorded in 2024.
- Year-over-year, Operating Expenses increased 25.01% in 2023 and gained 0.89% in 2025.
- Over 5 years, Operating Expenses stood at $612.9 million in 2022, then gained by 3.44% to $634.0 million in 2023, then rose by 16.29% to $737.3 million in 2024, then grew by 5.09% to $774.8 million in 2025, then declined by 3.61% to $746.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $746.8 million in Q2 2026, $745.1 million in Q1 2026, and $774.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.76 Bn | 12.64 Bn | 1.16 Bn | 2.98 Bn |
| 2 | RadNet | 5.80 Bn | 5.37 Bn | 88.08 Mn | 583.25 Mn |
| 3 | Concentra Group Holdings Parent | 4.40 Bn | 4.26 Bn | 192.10 Mn | 490.51 Mn |
| 4 | Privia Health | 2.61 Bn | 2.25 Bn | - | 620.86 Mn |
| 5 | Pediatrix Medical | 2.20 Bn | 1.79 Bn | - | 430.86 Mn |
| 6 | Fresenius Medical Care AG | 2.11 Bn | 1.41 Bn | 1.52 Bn | 901.58 Mn |
| 7 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 49.30 Mn |
| 8 | Surgery Partners | 1.87 Bn | 3.08 Bn | 622.10 Mn | 746.80 Mn |
| 9 | U S Physical Therapy | 1.18 Bn | 1.47 Bn | 41.94 Mn | 172.12 Mn |
| 10 | Starling Oncology | 595.78 Mn | 554.69 Mn | 27.17 Mn | 165.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 746.80 Mn |
| Mar 31, 2026 | 745.10 Mn |
| Dec 31, 2025 | 774.80 Mn |
| Sep 30, 2025 | 715.80 Mn |
| Jun 30, 2025 | 714.50 Mn |
| Mar 31, 2025 | 714.10 Mn |
| Dec 31, 2024 | 737.30 Mn |
| Sep 30, 2024 | 709.50 Mn |
| Jun 30, 2024 | 677.30 Mn |
| Mar 31, 2024 | 641.40 Mn |
| Dec 31, 2023 | 634.00 Mn |
| Sep 30, 2023 | 591.50 Mn |
| Jun 30, 2023 | 570.00 Mn |
| Mar 31, 2023 | 619.80 Mn |
| Dec 31, 2022 | 612.90 Mn |
| Sep 30, 2022 | 546.50 Mn |
| Jun 30, 2022 | 538.90 Mn |
| Mar 31, 2022 | 495.80 Mn |
| Dec 31, 2021 | 495.40 Mn |
| Sep 30, 2021 | 495.60 Mn |