Toro (TORO) Operating Expenses (2022 - 2026)
Toro (TORO) posted Operating Expenses of -$2.3 million for Q1 2026, down 2.13% sequentially from -$2.3 million in Q4 2025, and up 9.31% YoY from -$2.1 million in Q1 2025.
Toro (TORO) Operating Expenses (2022 - 2026) Analysis & Trends
Toro has reported Operating Expenses for 5 years, with the latest figure at -$2.3 million 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 eased to -$2.3 million in Q1 2026 per TORO's latest filing, from -$2.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$2.0 million in Q2 2025 and troughed at -$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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 62.04% in 2024, then dropped 14.26% in 2025.
- Over 5 years, Operating Expenses stood at -$5.8 million in 2022, then jumped by 45.73% to -$3.1 million in 2023, then gained by 21.87% to -$2.5 million in 2024, then gained by 7.19% to -$2.3 million in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Toro | 100.16 Mn | 100.16 Mn | 3.63 Mn | -2.90 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 |