Tenet Healthcare (THC) Operating Expenses (2009 - 2026)
Tenet Healthcare recorded quarterly Operating Expenses of $27.0 million in Q1 2026, down 10.0% quarter-over-quarter from $30.0 million in Q4 2025, and up 58.82% year-over-year from $17.0 million in Q1 2025.
Tenet Healthcare's Operating Expenses history runs 7 years deep, the most recent figure standing at $27.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 58.82% year-over-year to $27.0 million; the TTM figure through Mar 2026 stood at $74.0 million (up 54.17% YoY), while the FY2025 annual figure was $761.0 million, up 11.75% from the prior year.
- Operating Expenses came in at $27.0 million for Q1 2026 at Tenet Healthcare, down from $30.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $30.0 million in Q4 2025 to a low of -$11.0 million in Q3 2025.
- A 3-year average of $14.0 million and a median of $17.0 million in 2024 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 460.0% in 2025 and fell as far as 222.22% in 2025.
- Tenet Healthcare's Operating Expenses stood at $17.0 million in 2024, then surged by 76.47% to $30.0 million in 2025, then dropped by 10.0% to $27.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $27.0 million, $30.0 million, and -$11.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 27.00 Mn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 2.93 Bn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.29 Bn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 1.26 Bn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 3.99 Bn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 820.65 Mn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 572.94 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 1.30 Bn |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 189.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 30.00 Mn |
| Sep 30, 2025 | -11.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Dec 31, 2024 | 17.00 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2012 | 7.00 Mn |
| Sep 30, 2012 | 6.00 Mn |
| Jun 30, 2012 | 3.00 Mn |
| Mar 31, 2012 | 3.00 Mn |
| Dec 31, 2011 | 2.00 Mn |
| Sep 30, 2011 | 8.00 Mn |
| Jun 30, 2011 | 2.00 Mn |
| Mar 31, 2011 | 8.00 Mn |
| Dec 31, 2010 | 9.00 Mn |
| Sep 30, 2010 | 3.00 Mn |
| Jun 30, 2010 | -2.00 Mn |
| Dec 31, 2009 | 14.00 Mn |
| Sep 30, 2009 | 7.00 Mn |
| Jun 30, 2009 | 1.00 Mn |