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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›TOI›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Oncology Institute, Inc. (TOI) financials

Income statement

Oncology Institute, Inc. (TOI) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$188M$203M$252M$324M$393M$503M
Revenue growth——8.3%24.4%28.4%21.3%27.8%
Operating income—-$8.20M-$45.9M-$82.0M-$77.0M-$60.1M-$36.1M
Operating margin—-4.4%-22.6%-32.5%-23.8%-15.3%-7.2%
Net income—-$14.3M-$10.9M$152K-$83.1M-$64.7M-$60.6M
Net margin—-7.6%-5.4%0.1%-25.6%-16.4%-12.1%
EPS (diluted)—-$0.24-$0.16-$0.21-$0.92-$0.71-$0.54

Cash flow

Oncology Institute, Inc. (TOI) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—$508K-$32.7M-$61.8M-$36.3M-$26.5M-$24.6M
Capital expenditures—$1.19M$2.85M$5.53M$4.57M$3.79M$3.20M
Free cash flow—-$686K-$35.5M-$67.3M-$40.9M-$30.3M-$27.8M
Share buybacks——$0.00$9.00M$1.02M$0.00—

Balance sheet

Oncology Institute, Inc. (TOI) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$2.45M$6.00M$115M$14.0M$33.5M$49.7M$33.6M
Total assets$50.0K$65.7M$203M$262M$209M$173M$165M
Total liabilities$27.3K$37.6M$99.3M$138M$152M$169M$180M
Long-term debt—$6.56M$0.00$80.6M$86.8M$93.1M$77.4M
Shareholders' equity$42.2M$28.1M$104M$123M$57.0M$3.59M-$15.7M
Retained earnings-$2.30K-$52.3M-$63.2M-$63.1M-$146M-$211M-$271M
Shares (wtd avg diluted)5.75M59.1M66.2M80.6M73.7M75.0M92.4M

Every figure is extracted from Oncology Institute, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Oncology Institute, Inc.'s annual revenue?
Oncology Institute, Inc. (TOI) reported $503M of revenue for fiscal year 2025 — up 27.8% from $393M in FY2024, per its annual report filed with the SEC.
Is Oncology Institute, Inc. profitable?
Not in FY2025 — TOI reported a net loss of $60.6M, per SEC filings.
What is Oncology Institute, Inc.'s free cash flow?
-$27.8M in FY2025 (operating cash flow -$24.6M minus $3.20M of capital expenditures), from the SEC cash-flow statement.
Does TOI pay a dividend?
Oncology Institute, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TOI analysis — verdict, score & filings →Is TOI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.