Tenet Healthcare (THC) Operating Expenses (2009 - 2026)
Tenet Healthcare (THC) posted Operating Expenses of $3.0 million for Q2 2026, down 88.89% sequentially from $27.0 million in Q1 2026, and down 89.29% YoY from $28.0 million in Q2 2025.
Tenet Healthcare (THC) Operating Expenses (2009 - 2026) Analysis & Trends
Tenet Healthcare has reported Operating Expenses for 7 years, with the latest figure at $3.0 million in Q2 2026.
- Quarterly Operating Expenses fell 89.29% year-over-year to $3.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $49.0 million (down 30.99% YoY) and the FY2025 annual result came in at $64.0 million, up 82.86% from the prior year.
- Operating Expenses declined to $3.0 million in Q2 2026 per THC's latest filing, from $27.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $30.0 million in Q4 2025 and troughed at -$11.0 million in Q3 2025.
- A 3-year average of $12.9 million and a median of $13.0 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 460.0% in 2025, down 222.22% in 2025.
- Over 3 years, Operating Expenses stood at $17.0 million in 2024, then soared by 76.47% to $30.0 million in 2025, then sank by 90.0% to $3.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.0 million, $27.0 million, and $30.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 89.17 Bn | 88.16 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 22.30 Bn | 20.13 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.22 Bn | 12.08 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.68 Bn | 10.99 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Ensign | 10.53 Bn | 10.21 Bn | 306.24 Mn | 1.32 Bn |
| 6 | Universal Health Services | 10.14 Bn | 10.00 Bn | 3.29 Bn | 4.12 Bn |
| 7 | Pacs | 7.07 Bn | 6.91 Bn | 338.46 Mn | 1.32 Bn |
| 8 | Chemed | 7.04 Bn | 7.00 Bn | 221.47 Mn | 584.05 Mn |
| 9 | Fresenius Medical Care AG | 6.38 Bn | 4.69 Bn | 1.52 Bn | 901.58 Mn |
| 10 | Concentra Group Holdings Parent | 4.43 Bn | 4.28 Bn | 192.10 Mn | 490.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Mn |
| 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 |