Tenet Healthcare (THC) Cost of Revenue (2009 - 2026)
Tenet Healthcare (THC) posted Cost of Revenue of $1.2 billion for Q2 2026, up 4.63% sequentially from $1.1 billion in Q1 2026, and up 4.92% YoY from $1.1 billion in Q2 2025.
Tenet Healthcare (THC) Cost of Revenue (2009 - 2026) Analysis & Trends
Tenet Healthcare has reported Cost of Revenue for 18 years, with the latest figure at $1.2 billion in Q2 2026.
- Quarterly Cost of Revenue rose 4.92% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.6 billion (up 4.8% YoY) and the FY2025 annual result came in at $4.5 billion, up 0.69% from the prior year.
- Cost of Revenue grew to $1.2 billion in Q2 2026 per THC's latest filing, from $1.1 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.2 billion in Q4 2023 and troughed at $942.0 million in Q1 2022.
- A 5-year average of $1.1 billion and a median of $1.1 billion in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue declined 12.13% in 2022, then climbed 16.03% in 2023.
- Over 5 years, Cost of Revenue stood at $1.0 billion in 2022, then rose by 15.89% to $1.2 billion in 2023, then decreased by 9.78% to $1.1 billion in 2024, then increased by 10.75% to $1.2 billion in 2025, then decreased by 1.76% to $1.2 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 billion, $1.1 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 89.17 Bn | 88.16 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 22.30 Bn | 20.13 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.22 Bn | 12.08 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.68 Bn | 10.99 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Ensign | 10.53 Bn | 10.21 Bn | 306.24 Mn | 1.13 Bn |
| 6 | Universal Health Services | 10.14 Bn | 10.00 Bn | 3.29 Bn | 1.35 Bn |
| 7 | Pacs | 7.07 Bn | 6.91 Bn | 338.46 Mn | 1.09 Bn |
| 8 | Chemed | 7.04 Bn | 7.00 Bn | 221.47 Mn | 451.78 Mn |
| 9 | Fresenius Medical Care AG | 6.38 Bn | 4.69 Bn | 1.52 Bn | 4.13 Bn |
| 10 | Concentra Group Holdings Parent | 4.43 Bn | 4.28 Bn | 192.10 Mn | 413.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 Bn |
| Jun 30, 2026 | 1.17 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 1.20 Bn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.09 Bn |
| Dec 31, 2024 | 1.08 Bn |
| Dec 31, 2024 | 1.08 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.15 Bn |