U S Physical Therapy (USPH) Operating Expenses (2010 - 2026)

U S Physical Therapy has disclosed Operating Expenses across 17 years of filings, most recently posting $165.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $165.5 million, up 8.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $644.1 million (up 12.43% YoY), and the FY2025 annual result was $631.3 million, up 15.32% from the prior year.
• Operating Expenses came in at $165.5 million for Q1 2026 at U S Physical Therapy, up from $162.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $165.5 million in Q1 2026 to a low of $105.1 million in Q1 2022.
• The 5-year median for Operating Expenses is $127.3 million (2024), against an average of $133.5 million.
• Across the five-year window, Operating Expenses advanced 21.56% in 2022 and climbed 8.18% in 2024, its largest moves.
• U S Physical Therapy's Operating Expenses stood at $113.4 million in 2022, then advanced by 9.65% to $124.3 million in 2023, then climbed by 19.02% to $147.9 million in 2024, then grew by 9.92% to $162.6 million in 2025, then climbed by 1.81% to $165.5 million in 2026.
• The last three Operating Expenses figures came in at $165.5 million (Q1 2026), $162.6 million (Q4 2025), and $160.3 million (Q3 2025), per Business Quant data.