Toro (TORO) Operating Expenses (2022 - 2026)
Toro's (TORO) quarterly Operating Expenses came in at -$2.3 million in Q1 2026, up 9.31% year-on-year from -$2.1 million in Q1 2025, and down 2.13% quarter-over-quarter from -$2.3 million in Q4 2025.
Toro (TORO) Operating Expenses (2022 - 2026) Analysis & Trends
Toro has disclosed Operating Expenses across 5 years of filings, most recently posting -$2.3 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$2.3 million, up 9.31% year-over-year; the trailing twelve-month figure through Mar 2026 was -$16.6 million (up 10.9% YoY), and the FY2025 annual result was -$9.1 million, up 2.37% from the prior year.
- Operating Expenses came in at -$2.3 million for Q1 2026 at Toro, down from -$2.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $82.7 million in Q3 2022 to a low of -$19.8 million in Q2 2022.
- The 5-year median for Operating Expenses is -$2.5 million (2024), against an average of $1.1 million.
- Across the five-year window, Operating Expenses jumped 160.51% in 2023 and plunged 194.84% in 2024, its largest moves.
- Toro's Operating Expenses stood at -$5.8 million in 2022, then surged by 45.73% to -$3.1 million in 2023, then increased by 21.87% to -$2.5 million in 2024, then increased by 7.19% to -$2.3 million in 2025, then dropped by 2.13% to -$2.3 million in 2026.
- The last three Operating Expenses figures came in at -$2.3 million (Q1 2026), -$2.3 million (Q4 2025), and -$2.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Toro | 121.47 Mn | 121.47 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 | -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 | 11.99 Mn |
| Mar 31, 2023 | 9.11 Mn |
| Dec 31, 2022 | -5.80 Mn |
| Sep 30, 2022 | 82.68 Mn |
| Jun 30, 2022 | -19.81 Mn |
| Mar 31, 2022 | -15.26 Mn |