Surgery Partners (SGRY) Operating Expenses (2014 - 2026)

Surgery Partners (SGRY) posted Operating Expenses of $650.7 million for Q1 2026, up 62.96% sequentially from $399.3 million in Q4 2025, and down 8.88% YoY from $714.1 million in Q1 2025.

Surgery Partners (SGRY) Operating Expenses (2014 - 2026) Analysis & Trends

Surgery Partners (SGRY) has 13 years of Operating Expenses data on file, last reported at $650.7 million in Q1 2026.

  • Quarterly Operating Expenses fell 8.88% year-over-year to $650.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 11.95% YoY) and the FY2025 annual result came in at $2.5 billion, down 8.02% from the prior year.
  • Operating Expenses rose to $650.7 million in Q1 2026 per SGRY's latest filing, from $399.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $737.3 million in Q4 2024, with the low at $314.5 million in Q4 2023.
  • Average Operating Expenses over 5 years is $562.9 million, with a median of $562.1 million recorded in 2024.
  • Year-over-year, Operating Expenses jumped 134.44% in 2024 and sank 45.84% in 2025.
  • Surgery Partners' Operating Expenses stood at $522.8 million in 2022, then tumbled by 39.84% to $314.5 million in 2023, then jumped by 134.44% to $737.3 million in 2024, then slumped by 45.84% to $399.3 million in 2025, then jumped by 62.96% to $650.7 million in 2026.
  • Business Quant data shows SGRY's Operating Expenses at $650.7 million in Q1 2026, $399.3 million in Q4 2025, and $715.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 16.82 Bn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 572.94 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 27.00 Mn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 2.93 Bn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 1.29 Bn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 1.26 Bn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 3.99 Bn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 1.30 Bn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -25.79 Mn
10 Surgery Partners 2.13 Bn 2.33 Bn 590.70 Mn 650.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 650.70 Mn
Dec 31, 2025 399.30 Mn
Sep 30, 2025 715.80 Mn
Jun 30, 2025 630.60 Mn
Mar 31, 2025 714.10 Mn
Dec 31, 2024 737.30 Mn
Sep 30, 2024 592.90 Mn
Jun 30, 2024 677.30 Mn
Mar 31, 2024 562.10 Mn
Dec 31, 2023 314.50 Mn
Sep 30, 2023 508.30 Mn
Jun 30, 2023 570.00 Mn
Mar 31, 2023 532.20 Mn
Dec 31, 2022 522.80 Mn
Sep 30, 2022 489.40 Mn
Jun 30, 2022 480.80 Mn
Mar 31, 2022 471.40 Mn
Dec 31, 2021 463.10 Mn
Sep 30, 2021 436.70 Mn
Jun 30, 2021 483.80 Mn