Oncology Institute (TOI) Operating Expenses (2020 - 2026)

Oncology Institute (TOI) reported Operating Expenses of $154.0 million for Q1 2026, up 34.67% on a YoY basis from $114.3 million in Q1 2025, and up 3.42% quarter-over-quarter from $148.9 million in Q4 2025.

Oncology Institute (TOI) Operating Expenses (2020 - 2026) Analysis & Trends

Oncology Institute has reported Operating Expenses for 7 years, with the latest figure at $154.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 34.67% year-over-year to $154.0 million; the trailing twelve-month figure through Mar 2026 stood at $578.4 million (up 27.07% YoY), and the FY2025 full-year result was $538.8 million, up 18.8% from the prior year.
  • Operating Expenses for Q1 2026 stood at $154.0 million, up from $148.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $154.0 million in Q1 2026, with the low at $73.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $110.7 million across 5 years, with a median of $112.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 56.29% — and 2025, when it climbed 1.49%.
  • Oncology Institute's Operating Expenses stood at $96.5 million in 2022, then rose by 4.74% to $101.1 million in 2023, then grew by 11.0% to $112.2 million in 2024, then surged by 32.68% to $148.9 million in 2025, then climbed by 3.42% to $154.0 million in 2026.
  • The last three Operating Expenses figures came in at $154.0 million (Q1 2026), $148.9 million (Q4 2025), and $144.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 16.82 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 27.00 Mn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 2.93 Bn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 1.29 Bn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 1.26 Bn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 3.99 Bn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 820.65 Mn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 572.94 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 1.30 Bn
10 Oncology Institute 535.99 Mn 505.71 Mn 139.16 Mn 153.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 153.95 Mn
Dec 31, 2025 148.86 Mn
Sep 30, 2025 144.62 Mn
Jun 30, 2025 131.01 Mn
Mar 31, 2025 114.32 Mn
Dec 31, 2024 112.20 Mn
Sep 30, 2024 113.75 Mn
Jun 30, 2024 114.94 Mn
Mar 31, 2024 112.64 Mn
Dec 31, 2023 101.08 Mn
Sep 30, 2023 95.96 Mn
Jun 30, 2023 95.16 Mn
Mar 31, 2023 109.06 Mn
Dec 31, 2022 96.50 Mn
Sep 30, 2022 85.07 Mn
Jun 30, 2022 79.23 Mn
Mar 31, 2022 73.63 Mn
Dec 31, 2021 93.14 Mn
Sep 30, 2021 54.43 Mn
Jun 30, 2021 50.96 Mn