Toro annual operating expenses
2021
2022
2023
2024
2025
Toro Operating Expenses Growth & History (TORO)
Toro's operating expenses was $9.1M for fiscal 2025.
View full Toro company overviewToro annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.1M | −$220,561 | −2.37% |
| 2024 | 2024-12-31 | $9.3M | −$92,561 | −0.99% |
| 2023 | 2023-12-31 | $9.4M | $5.1M | +117.31% |
| 2022 | 2022-12-31 | $4.3M | −$8.0M | −65.04% |
| 2021 | 2021-12-31 | $12.4M | — | — |
Toro quarterly operating expenses
Q4.24
Q1.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $2.9M | $516,909 | +21.66% |
| Q4 2025 | 2025-12-31 | $1.1M | $172,166 | +17.83% |
| Q3 2025 | 2025-09-30 | $2.6M | — | — |
| Q1 2025 | 2025-03-31 | $2.4M | — | — |
| Q4 2024 | 2024-12-31 | $965,626 | — | — |
Toro operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Toro's operating expenses decreased from $12.4M to $9.1M, a change of −$3.3M. The latest reported quarter, Q1 2026, shows $2.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Toro source filings ↗