Toro (TORO) Operating Expenses (2022 - 2026)
Toro (TORO) posted quarterly Operating Expenses of -$2.3 million for Q1 2026, up 9.31% year-on-year from -$2.1 million in Q1 2025, and down 2.13% on a QoQ basis from -$2.3 million in Q4 2025.
Toro (TORO) Operating Expenses (2022 - 2026) Analysis & Trends
Toro (TORO) has reported Operating Expenses for 5 consecutive years, with -$2.3 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses rose 9.31% year-over-year to -$2.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.8 million (up 8.12% YoY) and the FY2025 annual result came in at -$9.1 million, up 2.37% from the prior year.
- Operating Expenses retreated to -$2.3 million in Q1 2026 per TORO's latest filing, from -$2.3 million in the prior quarter.
- Over the last five years, Operating Expenses for TORO reached as high as -$2.0 million in Q2 2025 and fell as low as -$6.1 million in Q2 2023.
- A 5-year average of -$3.5 million and a median of -$2.6 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 62.04% — and 2025, when it fell 14.26%.
- Year by year, Operating Expenses stood at -$5.8 million in 2022, then jumped by 45.73% to -$3.1 million in 2023, then grew by 21.87% to -$2.5 million in 2024, then grew by 7.19% to -$2.3 million in 2025, then slipped by 2.13% to -$2.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$2.3 million, -$2.3 million, and -$2.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Toro | 123.18 Mn | 123.18 Mn | - | -2.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.33 Mn |
| Dec 31, 2025 | -2.28 Mn |
| Sep 30, 2025 | -2.25 Mn |
| Jun 30, 2025 | -1.98 Mn |
| Mar 31, 2025 | -2.57 Mn |
| Dec 31, 2024 | -2.46 Mn |
| Sep 30, 2024 | -2.28 Mn |
| Jun 30, 2024 | -2.31 Mn |
| Mar 31, 2024 | -2.25 Mn |
| Dec 31, 2023 | -3.15 Mn |
| Sep 30, 2023 | -3.07 Mn |
| Jun 30, 2023 | -6.07 Mn |
| Mar 31, 2023 | -5.12 Mn |
| Dec 31, 2022 | -5.80 Mn |
| Sep 30, 2022 | -5.10 Mn |
| Jun 30, 2022 | -5.57 Mn |
| Mar 31, 2022 | -5.24 Mn |