Oncology Institute (TOI) Operating Expenses (2020 - 2026)
Oncology Institute posted quarterly Operating Expenses of $154.0 million for Q1 2026, up 34.67% year-on-year from $114.3 million in Q1 2025, and up 3.42% on a QoQ basis from $148.9 million in Q4 2025.
Oncology Institute (TOI) has 7 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $154.0 million in Q1 2026 and bottomed at $73.6 million in Q1 2022.
- The 5-year median for Operating Expenses is $112.2 million (2024), against an average of $110.7 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 56.29%; it then climbed 1.49% in 2025.
- A 5-year view of Operating Expenses shows it stood at $96.5 million in 2022, then gained by 4.74% to $101.1 million in 2023, then increased by 11.0% to $112.2 million in 2024, then soared by 32.68% to $148.9 million in 2025, then grew 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 | 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 | Oncology Institute | 477.45 Mn | 447.17 Mn | 139.16 Mn | 153.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 50.33 Mn |
| Dec 31, 2020 | 41.69 Mn |
| Sep 30, 2020 | 95,980.00 |
| Jun 30, 2020 | 92,008.00 |