Oncology Institute, Inc.(TOI)Stock Analysis
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Rank #2,039 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
TOI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Oncology Institute, Inc. (TOI), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores TOI at 37.8/100 on a 32-signal composite quality model, placing it at rank #2,039 of 2,879 stocks — the bottom half of the AI-ranked universe. TOI scores in the top quartile across revenue growth (83.6). Areas of concern include balance sheet strength (6.5) and free cash flow (22.1), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Oncology Institute, Inc. reports quarterly revenue of $147.4M, net income of $-2.5M, an operating margin of -4.4%. Top institutional holders of TOI by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C), based on the most recent SEC filings. TOI trades on the Nasdaq exchange and files with the SEC under CIK 1799191. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TOI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Oncology Institute, Inc. directly from SEC EDGAR. Oncology Institute, Inc.'s 13F Pro composite quality score has ranged between 32 and 38 since 2024, currently 37.8 — an improving long-term trajectory across 15 quarterly and live scoring snapshots.
Revenue
Q1 2026
$147.4M
Net Income
Q1 2026
$-2.5M
Free Cash Flow
Q1 2026
$-3.3M
Operating Margin
Q1 2026
-4.4%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+55.0% YoYNet Income
+27.0% YoYOperating Income
+53.1% YoYEPS (Diluted)
+41.3% YoYTotal Assets
-21.3% YoYTotal Debt
-10.9% YoYOp. Cash Flow
+32.3% YoY| Metric | FY 2025 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue | $502.7M +55.0% | $324.2M +59.7% | $203.0M +8.3% | $187.5M |
| Net Income | $-60.6M +27.0% | $-83.1M -660.2% | $-10.9M +23.7% | $-14.3M |
| Operating Income | $-36.1M +53.1% | $-77.0M -67.9% | $-45.9M -6605.7% | $-683.9K |
| EPS (Diluted) | $-0.54 +41.3% | $-0.92 -475.0% | $-0.16 -166.7% | $-0.06 |
| Total Assets | $164.7M -21.3% | $209.2M +2.9% | $203.4M -12.1% | $231.3M |
| Total Debt | $77.4M -10.9% | $86.8M +23623.0% | $366.0K -97.9% | $17.3M |
| Operating Cash Flow | $-24.6M +32.3% | $-36.3M -11.1% | $-32.7M -5510.0% | $-582.5K |
AI Insight: TOI Financial Trends
Revenue surged 48% from Q2 2024 to Q1 2026 and net losses narrowed sharply to -$2M, but equity turned deeply negative at -$16M.
• Revenue grew from $99M in Q2 2024 to $147M in Q1 2026, a 48% increase over eight quarters.
• Net loss narrowed dramatically from -$16M in Q3 2024 to -$2M in Q1 2026, the best result in the dataset.
• Operating loss improved from -$16M in Q2 2024 to -$7M in Q1 2026, though progress stalled over the last two quarters.
• Equity deteriorated from $29M in Q2 2024 to -$16M in Q1 2026, reflecting cumulative losses eroding the balance sheet.
⚠ Equity is -$16M and worsening; continued losses could deepen insolvency risk on the balance sheet.
⚠ Operating cash flow remains negative at -$2M in Q1 2026 despite revenue growth — conversion to positive FCF is unproven.
⚠ Total debt ticked up to $79M in Q1 2026 after declining from $93M — monitor whether debt reduction resumes.
AI Insight: TOI Ratio Trends
TOI's operating margin has nearly halved from -16.6% in Q2 2024 to -4.4% in Q1 2026, signaling meaningful but still-negative profitability progress.
• Operating margin improved steadily from -16.6% in Q2 2024 to -4.4% in Q1 2026, the best level in the dataset.
• Net profit margin narrowed sharply to -1.7% in Q1 2026 from -18.8% in Q1 2025, a dramatic year-over-year improvement.
• ROA recovered from -47.8% in Q1 2025 to -5.9% in Q1 2026, though remains deeply negative.
• ROIC remains deeply negative at -41.8% in Q1 2026, improving only modestly from -54.9% in Q2 2024.
⚠ D/E spiked to 25.95x in Q4 2024 before going unreported; leverage trajectory post-spike warrants close monitoring.
⚠ ROIC deteriorated to -67.9% in Q2 2025 mid-trend — confirms improvement is not yet linear or guaranteed.
⚠ ROE is unavailable across all periods, limiting full assessment of shareholder return dynamics.
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Available Research
13F Pro tracks comprehensive data for Oncology Institute, Inc. including:
Top Institutional Holders of TOI
BlackRock, Inc.
$13.6M4,415,867 shVANGUARD CAPITAL MANAGEMENT LLC
$10.7M3,476,781 shDEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)
$10.3M3,360,052 shKanen Wealth Management LLC
$8.5M2,777,858 shJOSH ARNOLD INVESTMENT CONSULTANT, LLC
$7.6M2,464,359 shBALYASNY ASSET MANAGEMENT L.P.
$5.6M1,826,370 shGEODE CAPITAL MANAGEMENT, LLC
$5.4M1,757,847 shWEXFORD CAPITAL LP
$5.3M1,711,323 shCITADEL ADVISORS LLC
$5.2M1,703,000 shCenterBook Partners LP
$4.8M1,568,423 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $13.6M | 4,415,867 |
| VANGUARD CAPITAL MANAGEMENT LLC | $10.7M | 3,476,781 |
| DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) | $10.3M | 3,360,052 |
| Kanen Wealth Management LLC | $8.5M | 2,777,858 |
| JOSH ARNOLD INVESTMENT CONSULTANT, LLC | $7.6M | 2,464,359 |
| BALYASNY ASSET MANAGEMENT L.P. | $5.6M | 1,826,370 |
| GEODE CAPITAL MANAGEMENT, LLC | $5.4M | 1,757,847 |
| WEXFORD CAPITAL LP | $5.3M | 1,711,323 |
| CITADEL ADVISORS LLC | $5.2M | 1,703,000 |
| CenterBook Partners LP | $4.8M | 1,568,423 |
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Popular Research
Is TOI a good stock to buy?
13F Pro's AI-powered analysis of Oncology Institute, Inc. (TOI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TOI are available on the TOI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own TOI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TOI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Oncology Institute, Inc.'s investment landscape.