The Oncology Institute, Inc. (TOI)
NASDAQ: TOI · Real-Time Price · USD
3.140
+0.070 (2.28%)
At close: Apr 1, 2026, 4:00 PM EDT
3.271
+0.131 (4.16%)
Pre-market: Apr 2, 2026, 4:32 AM EDT
The Oncology Institute Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 141.96 | 136.56 | 119.8 | 104.41 | 100.27 | 99.9 | 98.58 | 94.67 | 85.79 | 82.04 | 80.22 | 76.19 | 71.42 | 64.98 | 60.92 | 55.16 | 52.3 | 52.28 | 49.84 | 48.58 | |
Revenue Growth (YoY) | 41.58% | 36.70% | 21.53% | 10.29% | 16.88% | 21.78% | 22.88% | 24.25% | 20.11% | 26.25% | 31.69% | 38.13% | 36.56% | 24.30% | 22.22% | 13.55% | 6.82% | - | - | - |
Cost of Revenue | 119.33 | 117.97 | 102.3 | 87.16 | 85.63 | 85.49 | 85.55 | 82.7 | 71.41 | 66.06 | 65.11 | 62.09 | 55.8 | 51.98 | 49.78 | 42.84 | 43.97 | 40.85 | 38.95 | 38.38 |
Gross Profit | 22.63 | 18.59 | 17.5 | 17.25 | 14.64 | 14.41 | 13.03 | 11.97 | 14.38 | 15.98 | 15.12 | 14.1 | 15.63 | 13 | 11.14 | 12.32 | 8.33 | 11.42 | 10.89 | 10.2 |
Selling, General & Admin | 27.85 | 25.22 | 26.91 | 25.38 | 25.36 | 26.65 | 27.87 | 28.45 | 28.09 | 28.21 | 28.73 | 28.83 | 29.57 | 31.96 | 28.35 | 29.81 | 48.25 | 12.73 | 11.21 | 11.18 |
Depreciation & Amortization Expenses | 1.63 | 1.72 | 1.81 | 1.78 | 1.71 | 1.62 | 1.52 | 1.49 | 1.58 | 1.7 | 1.33 | 1.27 | 1.19 | 1.13 | 1.1 | 0.99 | 0.92 | 0.85 | 0.79 | 0.78 |
Other Operating Expenses | - | - | - | - | - | - | - | - | 0 | - | - | 16.87 | 9.94 | - | - | - | - | - | - | - |
Total Operating Expenses | 29.48 | 26.94 | 28.71 | 27.16 | 27.07 | 28.27 | 29.39 | 29.94 | 29.67 | 29.9 | 30.06 | 46.97 | 40.71 | 33.1 | 29.45 | 30.79 | 49.17 | 13.58 | 12.01 | 11.96 |
Operating Income | -6.91 | -8.05 | -11.21 | -9.91 | -11.93 | -13.85 | -16.36 | -17.97 | -15.29 | -13.93 | -14.94 | -32.87 | -25.08 | -20.1 | -18.3 | -18.47 | -41.41 | -2.16 | -1.12 | -1.75 |
Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.07 | - | - | - | - | - |
Interest Expense | -1.92 | -1.92 | -1.87 | -5.57 | -1.17 | -2.23 | -2.12 | -1.99 | 1.24 | -1.76 | -1.64 | -1.44 | -2.45 | -1.5 | -0.06 | -0.07 | -0.06 | -0.08 | -0.08 | -0.1 |
Other Non-Operating Income (Expense) | 1.32 | -6.53 | -4.06 | -4.1 | -0.09 | -0.04 | 3 | 0.07 | -1.84 | -1.6 | -0.22 | 4.36 | 24.85 | 18.9 | 10.82 | 38.01 | 28.27 | 0.05 | 5.18 | 1.08 |
Total Non-Operating Income (Expense) | -0.6 | -8.45 | -5.93 | -9.67 | -1.25 | -2.26 | 0.89 | -1.92 | -0.6 | -3.36 | -1.86 | 2.91 | 22.4 | 17.4 | 12.82 | 37.94 | 28.21 | -0.02 | 5.1 | 0.98 |
Pretax Income | -7.51 | -16.5 | -17.14 | -19.59 | -13.18 | -16.11 | -15.48 | -19.89 | -19.07 | -17.28 | -16.8 | -29.95 | -11.37 | -2.7 | -5.49 | 19.47 | -12.62 | -2.18 | 3.99 | -0.78 |
Provision for Income Taxes | 0 | - | -0.13 | - | - | - | - | - | - | 0.14 | 0.1 | 0.04 | -0.37 | -0.02 | -0.03 | 0.18 | 2.47 | 0.8 | 0.78 | 0.22 |
Net Income | -6.43 | -13.77 | -13.99 | -19.59 | -10.83 | -13.22 | -12.68 | -19.89 | -18.75 | -17.42 | -16.9 | -30 | -11.01 | -2.67 | -5.45 | 19.29 | -9.01 | -2.98 | 3.21 | -1 |
Net Income to Common | -6.43 | -13.77 | -13.99 | -19.59 | -10.83 | -13.22 | -12.68 | -19.89 | -18.75 | -17.42 | -16.9 | -30 | -11.01 | -2.67 | -5.45 | 19.29 | -9.01 | -2.98 | 3.21 | -1 |
Shares Outstanding (Basic) | 101 | 97 | 93 | 77 | 76 | 76 | 75 | 74 | 73 | 74 | 74 | 73 | 73 | 72 | 73 | 73 | 70 | 66 | 66 | 63 |
Shares Outstanding (Diluted) | 101 | 97 | 93 | 77 | 76 | 76 | 75 | 74 | 73 | 74 | 74 | 73 | 86 | 80 | 73 | 76 | 70 | 66 | 66 | 63 |
Shares Change (YoY) | 34.10% | 29.06% | 24.69% | 3.86% | 2.98% | 2.46% | 0.85% | 1.07% | -14.16% | -7.38% | 1.54% | -3.49% | 22.36% | 20.54% | 10.56% | 21.09% | 18.24% | 187.05% | 187.05% | 695.89% |
EPS (Basic) | -0.06 | -0.14 | -0.15 | -0.21 | -0.14 | -0.18 | -0.17 | -0.22 | -0.21 | -0.19 | -0.19 | -0.33 | -0.12 | -0.03 | -0.06 | 0.22 | -0.13 | -0.05 | 0.05 | -0.02 |
EPS (Diluted) | -0.06 | -0.14 | -0.15 | -0.21 | -0.14 | -0.18 | -0.17 | -0.22 | -0.21 | -0.19 | -0.19 | -0.33 | -0.16 | -0.17 | -0.06 | 0.21 | -0.13 | -0.05 | 0.05 | -0.02 |
Shares Outstanding | 98.86 | 97.57 | 93.28 | 88.93 | 75.74 | 75.56 | 75.49 | 74.31 | 74.15 | 73.73 | 74.55 | 73.75 | 73.27 | 88.85 | 71.98 | 73.28 | 69.95 | 28.75 | 8.7 | 8.08 |
Free Cash Flow | 2.17 | -13.23 | -11.41 | -5.32 | 2.43 | 1.22 | -17.49 | -16.49 | -4.75 | -9.24 | -9.6 | -17.29 | -15.99 | -21.59 | -11.72 | -17.98 | -32.54 | -3.63 | -7.54 | -0.16 |
Free Cash Flow Growth | -10.61% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Per Share | 0.02 | -0.14 | -0.12 | -0.07 | 0.03 | 0.02 | -0.23 | -0.22 | -0.06 | -0.13 | -0.13 | -0.24 | -0.19 | -0.27 | -0.16 | -0.24 | -0.47 | -0.05 | -0.11 | -0.00 |
Gross Margin | 15.94% | 13.62% | 14.61% | 16.52% | 14.60% | 14.43% | 13.21% | 12.64% | 16.76% | 19.48% | 18.84% | 18.50% | 21.88% | 20.01% | 18.29% | 22.34% | 15.93% | 21.85% | 21.85% | 21.00% |
Operating Margin | -4.87% | -5.90% | -9.36% | -9.49% | -11.90% | -13.87% | -16.60% | -18.98% | -17.82% | -16.97% | -18.62% | -43.14% | -35.11% | -30.93% | -30.05% | -33.49% | -79.17% | -4.13% | -2.24% | -3.61% |
Profit Margin | -5.29% | -12.09% | -14.20% | -18.76% | -13.15% | -16.13% | -15.70% | -21.01% | -21.86% | -21.23% | -21.06% | -39.37% | -15.41% | -4.12% | -8.95% | 34.96% | -19.42% | -5.70% | 6.43% | -2.05% |
FCF Margin | 1.53% | -9.69% | -9.52% | -5.09% | 2.42% | 1.22% | -17.74% | -17.42% | -5.54% | -11.26% | -11.96% | -22.69% | -22.39% | -33.23% | -19.24% | -32.60% | -62.21% | -6.94% | -15.12% | -0.32% |
EBITDA | -5.28 | -6.33 | -9.41 | -8.13 | -10.22 | -12.28 | -14.85 | -16.48 | -13.71 | -12.23 | -13.61 | -31.6 | -23.89 | -18.96 | -17.21 | -17.48 | -40.49 | -1.31 | -0.32 | -0.98 |
EBITDA Margin | -3.72% | -4.64% | -7.85% | -7.78% | -10.19% | -12.29% | -15.06% | -17.41% | -15.98% | -14.90% | -16.96% | -41.47% | -33.44% | -29.18% | -28.24% | -31.70% | -77.41% | -2.50% | -0.65% | -2.01% |
EBIT | -6.91 | -8.05 | -11.21 | -9.91 | -11.93 | -13.85 | -16.36 | -17.97 | -15.29 | -13.93 | -14.94 | -32.87 | -25.08 | -20.1 | -18.3 | -18.47 | -41.41 | -2.16 | -1.12 | -1.75 |
EBIT Margin | -4.87% | -5.90% | -9.36% | -9.49% | -11.90% | -13.87% | -16.60% | -18.98% | -17.82% | -16.97% | -18.62% | -43.14% | -35.11% | -30.93% | -30.05% | -33.49% | -79.17% | -4.13% | -2.24% | -3.61% |
Effective Tax Rate | 0.00% | 0.00% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.78% | -0.59% | -0.15% | 3.23% | 0.89% | 0.58% | 0.92% | -19.55% | -36.63% | 19.57% | -28.02% |
Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.