Toro (TORO) Operating Expenses (2022 - 2026)
Toro (TORO) recorded Operating Expenses of -$2.33 million in the quarter ended Mar 31, 2026, compared with -$2.57 million a year earlier.
Powered by 
Analysis
Toro (TORO) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Toro's Operating Expenses came in at -$16.65 million as of Mar 31, 2026; for the year ended Dec 31, 2025, it came in at -$25.73 million.
- Across earlier years, Operating Expenses came in at -$27.95 million in the year ended Dec 31, 2024, -$14.1 million in the year ended Dec 31, 2023, -$8.71 million in the year ended Dec 31, 2022 and -$30 million in the year ended Dec 31, 2021.
- Quarterly Operating Expenses has ranged from -$19.81 million in the quarter ended Jun 30, 2022 to $30.21 million in the quarter ended Jun 30, 2023 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$2.28 million (quarter ended Dec 31, 2025), -$2.25 million (quarter ended Sep 30, 2025) and -$9.79 million (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 4.10 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.95 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 21.90 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 2.34 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 17.89 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 1.09 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 4.43 Bn |
| 10 | Toro | 93.72 Mn | 93.72 Mn | - | -2.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -2.33 Mn |
| Dec 31, 2025 | -2.28 Mn |
| Sep 30, 2025 | -2.25 Mn |
| Jun 30, 2025 | -9.79 Mn |
| Mar 31, 2025 | -2.57 Mn |
| Dec 31, 2024 | -2.46 Mn |
| Sep 30, 2024 | -2.28 Mn |
| Jun 30, 2024 | -11.37 Mn |
| Mar 31, 2024 | -2.25 Mn |
| Dec 31, 2023 | -3.15 Mn |
| Sep 30, 2023 | -3.07 Mn |
| Jun 30, 2023 | 30.21 Mn |
| Mar 31, 2023 | -9.11 Mn |
| Dec 31, 2022 | -5.80 Mn |
| Sep 30, 2022 | -12.53 Mn |
| Jun 30, 2022 | -19.81 Mn |
| Mar 31, 2022 | -15.26 Mn |
API Access
Toro Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TORO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TORO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();