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SBC Medical vs Oncology Institute: revenue, profit, margins and growth compared

SBC Medical brought in $173.6M of revenue in fiscal 2025, Oncology Institute $502.7M in fiscal 2025. Revenue changed by -15.5% at SBC Medical and +27.8% at Oncology Institute on the year before, so Oncology Institute grew faster. SBC Medical kept 29.4% of its revenue as net profit, Oncology Institute -12.1%. Free cash flow was $23.3M at SBC Medical and -$27.8M at Oncology Institute.

Side by side, latest fiscal year

SBCTOI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$173.6M$502.7M
Revenue growth-15.5%+27.8%
Net income$51M-$60.6M
Net margin29.4%-12.1%
Free cash flow$23.3M-$27.8M
Free cash flow margin13.4%-5.5%
Earnings per share (diluted)$0.50-$0.54
Cash$163.8M$33.6M
Debt$42.8M$77.4M
Price to earnings10.1n/a
Market value$517.3M$522.8M
Dividend yieldn/an/a
Rank by revenue in sector#286 of 742 · Health care#204 of 742 · Health care

Over the years

Revenue
SBC FY2023: $193.5MSBC FY2024: $205.4MSBC FY2025: $173.6MTOI FY2020: $187.5MTOI FY2021: $203MTOI FY2022: $252.5MTOI FY2023: $324.2MTOI FY2024: $393.4MTOI FY2025: $502.7MFY20FY21FY22FY23FY24FY25
SBC $173.6MTOI $502.7M
Net income
SBC FY2023: $39.4MSBC FY2024: $46.6MSBC FY2025: $51MTOI FY2020: -$14.3MTOI FY2021: -$10.9MTOI FY2022: $152KTOI FY2023: -$83.1MTOI FY2024: -$64.7MTOI FY2025: -$60.6MFY20FY21FY22FY23FY24FY25
SBC $51MTOI -$60.6M
Net margin
SBC FY2023: 20.3%SBC FY2024: 22.7%SBC FY2025: 29.4%TOI FY2020: -7.6%TOI FY2021: -5.4%TOI FY2022: 0.1%TOI FY2023: -25.6%TOI FY2024: -16.4%TOI FY2025: -12.1%FY20FY21FY22FY23FY24FY25
SBC 29.4%TOI -12.1%
Revenue growth
SBC FY2024: +6.1%SBC FY2025: -15.5%TOI FY2021: +8.3%TOI FY2022: +24.4%TOI FY2023: +28.4%TOI FY2024: +21.3%TOI FY2025: +27.8%FY21FY22FY23FY24FY25
SBC -15.5%TOI +27.8%
Free cash flow
SBC FY2023: $42.1MSBC FY2024: $18MSBC FY2025: $23.3MTOI FY2020: -$686KTOI FY2021: -$35.5MTOI FY2022: -$67.3MTOI FY2023: -$40.9MTOI FY2024: -$30.3MTOI FY2025: -$27.8MFY20FY21FY22FY23FY24FY25
SBC $23.3MTOI -$27.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about SBC Medical and Oncology Institute

Which is bigger by revenue, SBC Medical or Oncology Institute?

Oncology Institute is bigger by revenue: $502.7M in fiscal 2025, against $173.6M for SBC Medical in fiscal 2025.

Which keeps more of its revenue as profit, SBC Medical or Oncology Institute?

SBC Medical had a net margin of 29.4% in fiscal 2025; Oncology Institute had -12.1% in fiscal 2025.

Which grew revenue faster, SBC Medical or Oncology Institute?

In their latest fiscal years revenue changed by -15.5% at SBC Medical and +27.8% at Oncology Institute.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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