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
DateValue
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