Toro TORO
NASDAQ TORO
$6.36 +0.10 (+1.60%)
At close: Sep 4, 2026 · 4:00 PM EDT

Toro (TORO) Operating Expenses (2022 - 2026)

Toro's (TORO) quarterly Operating Expenses came in at -$2.9 million in Q1 2026, down 21.66% year-over-year from -$3.7 million in Q1 2025, and down 14.31% quarter-over-quarter from -$2.5 million in Q4 2025.

Analysis

Toro (TORO) Operating Expenses (2022 - 2026) Analysis & Trends

Toro has disclosed Operating Expenses across 5 years of filings, most recently posting -$2.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 21.66% year-over-year to -$2.9 million; the TTM figure through Mar 2026 stood at -$9.9 million (up 76.82% YoY), while the FY2025 annual figure was -$25.7 million, up 7.94% from the prior year.
  • Operating Expenses came in at -$2.9 million for Q1 2026 at Toro, down from -$2.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $30.2 million in Q2 2023 to a low of -$35.7 million in Q3 2023.
  • Average Operating Expenses over 5 years is -$6.6 million, with a median of -$7.0 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 252.47% in 2023 and tumbled 1616.78% in 2024.
  • Over 5 years, Operating Expenses stood at -$12.5 million in 2022, then soared by 103.66% to $459017.0 in 2023, then plunged by 1616.78% to -$7.0 million in 2024, then jumped by 63.52% to -$2.5 million in 2025, then dropped by 14.31% to -$2.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$2.9 million in Q1 2026, -$2.5 million in Q4 2025, and -$2.1 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 Toro 113.76 Mn 113.76 Mn 3.63 Mn -2.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.90 Mn
Dec 31, 2025 -2.54 Mn
Sep 30, 2025 -2.11 Mn
Mar 31, 2025 -2.39 Mn
Dec 31, 2024 -6.96 Mn
Sep 30, 2024 -7.37 Mn
Jun 30, 2024 -26.16 Mn
Mar 31, 2024 12.53 Mn
Dec 31, 2023 459,017.00
Sep 30, 2023 -35.66 Mn
Jun 30, 2023 30.21 Mn
Mar 31, 2023 -9.11 Mn
Sep 30, 2022 -12.53 Mn
Jun 30, 2022 -19.81 Mn
Mar 31, 2022 -15.26 Mn