Tenet Healthcare (THC) Operating Expenses (2009 - 2026)
Tenet Healthcare (THC) posted Operating Expenses of $27.0 million for Q1 2026, down 10.0% sequentially from $30.0 million in Q4 2025, and up 58.82% YoY from $17.0 million in Q1 2025.
Tenet Healthcare (THC) Operating Expenses (2009 - 2026) Analysis & Trends
Tenet Healthcare (THC) has 7 years of Operating Expenses data on file, last reported at $27.0 million in Q1 2026.
- Quarterly Operating Expenses rose 58.82% year-over-year to $27.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $74.0 million (up 54.17% YoY) and the FY2025 annual result came in at $761.0 million, up 11.75% from the prior year.
- Operating Expenses retreated to $27.0 million in Q1 2026 per THC's latest filing, from $30.0 million in the prior quarter.
- The five-year high for Operating Expenses was $30.0 million in Q4 2025, with the low at -$11.0 million in Q3 2025.
- Average Operating Expenses over 3 years is $14.0 million, with a median of $17.0 million recorded in 2024.
- The widest YoY moves for Operating Expenses: up 460.0% in 2025, down 222.22% in 2025.
- Tenet Healthcare's Operating Expenses stood at $17.0 million in 2024, then jumped by 76.47% to $30.0 million in 2025, then fell by 10.0% to $27.0 million in 2026.
- Business Quant data shows THC's Operating Expenses at $27.0 million in Q1 2026, $30.0 million in Q4 2025, and -$11.0 million in Q3 2025.
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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 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | 511.47 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 |