TOI
Oncology Institute Inc
NASDAQ: TOI · HEALTHCARE · MEDICAL CARE FACILITIES
$4.05
+4.92% today
Updated 2026-05-01
Market cap
$366.69M
P/E ratio
—
P/S ratio
0.73x
EPS (TTM)
$-0.54
Dividend yield
—
52W range
$2 – $5
Volume
1.8M
Oncology Institute Inc (TOI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113.16M | $155.41M | $187.51M | $203.00M | $252.48M | $324.24M | $393.41M | $502.73M |
| Revenue growth (YoY) | — | +37.3% | +20.7% | +8.3% | +24.4% | +28.4% | +21.3% | +27.8% |
| Cost of revenue | $86.88M | $125.46M | $150.64M | $162.16M | $200.39M | $264.67M | $339.42M | $433.24M |
| Gross profit | $26.28M | $29.94M | $36.88M | $40.85M | $52.09M | $59.57M | $54.00M | $69.49M |
| Gross margin | 23.2% | 19.3% | 19.7% | 20.1% | 20.6% | 18.4% | 13.7% | 13.8% |
| R&D | — | — | — | — | — | — | — | — |
| SG&A | $20.39M | $29.64M | $309169.00 | $484169.00 | $119.69M | $115.33M | $107.83M | $105.57M |
| Operating income | $4.79M | $-2.64M | $-8.20M | $-45.86M | $-81.95M | $-77.02M | $-60.12M | $-36.08M |
| Operating margin | 4.2% | -1.7% | -4.4% | -22.6% | -32.5% | -23.8% | -15.3% | -7.2% |
| EBITDA | $9.08M | $307109.00 | $-11.29M | $-42.04M | $-67.60M | $-54.28M | $-53.83M | $-29.14M |
| EBITDA margin | 8.0% | 0.2% | -6.0% | -20.7% | -26.8% | -16.7% | -13.7% | -5.8% |
| EBIT | $7.97M | $-2.63M | $-14.47M | $-45.38M | $-72.01M | $-60.15M | $-60.12M | $-36.08M |
| Interest expense | $1592.00 | $3375.00 | $347000.00 | $320000.00 | $4.08M | $6.78M | $7.50M | $11.28M |
| Income tax | $912745.00 | $1.38M | $-492823.00 | $-671000.00 | $-243000.00 | $-36000.00 | — | — |
| Effective tax rate | 18.8% | -52.4% | 3.3% | 5.8% | 267.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.95M | $-4.02M | $-14.32M | $-10.93M | $152000.00 | $-83.07M | $-64.66M | $-60.61M |
| Net income growth (YoY) | — | -201.9% | -256.1% | +23.7% | +101.4% | -54750.0% | +22.2% | +6.3% |
| Profit margin | 3.5% | -2.6% | -7.6% | -5.4% | 0.1% | -25.6% | -16.4% | -12.1% |