U S Physical Therapy annual operating expenses
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U S Physical Therapy Operating Expenses Growth & History (USPH)
U S Physical Therapy's operating expenses was $63.0M for fiscal 2025.
View full U S Physical Therapy company overviewU S Physical Therapy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $63.0M | $2.1M | +3.43% |
| 2024 | 2024-12-31 | $60.9M | −$10.1M | −14.18% |
| 2023 | 2023-12-31 | $71.0M | $15.8M | +28.57% |
| 2022 | 2022-12-31 | $55.2M | $8.7M | +18.67% |
| 2021 | 2021-12-31 | $46.5M | $4.5M | +10.70% |
| 2020 | 2020-12-31 | $42.0M | −$3.0M | −6.69% |
| 2019 | 2019-12-31 | $45.0M | $3.7M | +8.95% |
| 2018 | 2018-12-31 | $41.3M | $5.5M | +15.21% |
| 2017 | 2017-12-31 | $35.9M | $3.4M | +10.50% |
| 2016 | 2016-12-31 | $32.5M | $1.4M | +4.55% |
| 2015 | 2015-12-31 | $31.1M | $668,000 | +2.20% |
| 2014 | 2014-12-31 | $30.4M | $4.5M | +17.23% |
| 2013 | 2013-12-31 | $25.9M | $1.4M | +5.82% |
| 2012 | 2012-12-31 | $24.5M | $64,000 | +0.26% |
| 2011 | 2011-12-31 | $24.4M | $1.6M | +7.08% |
| 2010 | 2010-12-31 | $22.8M | — | — |
U S Physical Therapy quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.0M | $3.3M | +19.84% |
| Q1 2026 | 2026-03-31 | $20.3M | $8.8M | +77.46% |
| Q4 2025 | 2025-12-31 | $23.4M | $10.5M | +81.48% |
| Q3 2025 | 2025-09-30 | $11.5M | −$4.7M | −29.12% |
| Q2 2025 | 2025-06-30 | $16.7M | −$1.6M | −8.79% |
| Q1 2025 | 2025-03-31 | $11.4M | −$2.0M | −15.22% |
| Q4 2024 | 2024-12-31 | $12.9M | −$20.1M | −60.92% |
| Q3 2024 | 2024-09-30 | $16.3M | $4.2M | +35.16% |
| Q2 2024 | 2024-06-30 | $18.3M | $6.2M | +50.64% |
| Q1 2024 | 2024-03-31 | $13.5M | −$386,000 | −2.79% |
| Q4 2023 | 2023-12-31 | $32.9M | $11.9M | +56.61% |
| Q3 2023 | 2023-09-30 | $12.0M | $159,000 | +1.34% |
| Q2 2023 | 2023-06-30 | $12.1M | $1.4M | +13.07% |
| Q1 2023 | 2023-03-31 | $13.9M | $2.3M | +19.93% |
| Q4 2022 | 2022-12-31 | $21.0M | $10.3M | +96.28% |
| Q3 2022 | 2022-09-30 | $11.9M | −$978,000 | −7.60% |
| Q2 2022 | 2022-06-30 | $10.7M | −$1.3M | −11.04% |
| Q1 2022 | 2022-03-31 | $11.6M | $682,000 | +6.27% |
| Q4 2021 | 2021-12-31 | $10.7M | −$198,000 | −1.81% |
| Q3 2021 | 2021-09-30 | $12.9M | $2.4M | +23.46% |
| Q2 2021 | 2021-06-30 | $12.1M | $3.1M | +33.83% |
| Q1 2021 | 2021-03-31 | $10.9M | −$803,000 | −6.88% |
| Q4 2020 | 2020-12-31 | $10.9M | −$757,000 | −6.49% |
| Q3 2020 | 2020-09-30 | $10.4M | −$134,000 | −1.27% |
| Q2 2020 | 2020-06-30 | $9.0M | −$2.5M | −21.73% |
| Q1 2020 | 2020-03-31 | $11.7M | $384,000 | +3.40% |
| Q4 2019 | 2019-12-31 | $11.7M | $1.3M | +12.08% |
| Q3 2019 | 2019-09-30 | $10.6M | −$87,000 | −0.82% |
| Q2 2019 | 2019-06-30 | $11.5M | $1.4M | +13.81% |
| Q1 2019 | 2019-03-31 | $11.3M | $1.1M | +11.12% |
| Q4 2018 | 2018-12-31 | $10.4M | $233,000 | +2.29% |
| Q3 2018 | 2018-09-30 | $10.6M | $2.3M | +28.17% |
| Q2 2018 | 2018-06-30 | $10.1M | $1.3M | +14.36% |
| Q1 2018 | 2018-03-31 | $10.2M | $1.6M | +18.91% |
| Q4 2017 | 2017-12-31 | $10.2M | $2.3M | +29.89% |
| Q3 2017 | 2017-09-30 | $8.3M | $694,000 | +9.12% |
| Q2 2017 | 2017-06-30 | $8.9M | $830,000 | +10.34% |
| Q1 2017 | 2017-03-31 | $8.5M | −$457,000 | −5.08% |
| Q4 2016 | 2016-12-31 | $7.8M | −$1.1M | −11.86% |
| Q3 2016 | 2016-09-30 | $7.6M | $687,000 | +9.92% |
| Q2 2016 | 2016-06-30 | $8.0M | $433,000 | +5.70% |
| Q1 2016 | 2016-03-31 | $9.0M | $1.3M | +17.59% |
| Q4 2015 | 2015-12-31 | $8.9M | $709,000 | +8.66% |
| Q3 2015 | 2015-09-30 | $6.9M | −$545,000 | −7.30% |
| Q2 2015 | 2015-06-30 | $7.6M | −$21,000 | −0.28% |
| Q1 2015 | 2015-03-31 | $7.7M | $525,000 | +7.36% |
| Q4 2014 | 2014-12-31 | $8.2M | $1.4M | +20.97% |
| Q3 2014 | 2014-09-30 | $7.5M | $1.2M | +19.99% |
| Q2 2014 | 2014-06-30 | $7.6M | $1.1M | +16.64% |
| Q1 2014 | 2014-03-31 | $7.1M | $719,000 | +11.21% |
| Q4 2013 | 2013-12-31 | $6.8M | $726,000 | +12.02% |
| Q3 2013 | 2013-09-30 | $6.2M | $316,000 | +5.35% |
| Q2 2013 | 2013-06-30 | $6.5M | $340,000 | +5.49% |
| Q1 2013 | 2013-03-31 | $6.4M | $45,000 | +0.71% |
| Q4 2012 | 2012-12-31 | $6.0M | — | — |
| Q3 2012 | 2012-09-30 | $5.9M | $766,000 | +14.90% |
| Q2 2012 | 2012-06-30 | $6.2M | $181,000 | +3.01% |
| Q1 2012 | 2012-03-31 | $6.4M | — | — |
| Q3 2011 | 2011-09-30 | $5.1M | — | — |
| Q2 2011 | 2011-06-30 | $6.0M | — | — |
U S Physical Therapy operating expenses trends
Over the last five fiscal years, U S Physical Therapy's operating expenses increased from $42.0M to $63.0M, a change of $21.0M. The latest reported quarter, Q2 2026, shows $20.0M.
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 U S Physical Therapy source filings ↗