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The Oncology Institute, Inc. TOI California — Deferred tax asset, valuation allowance

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Other financials

Income statement

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Revenue$147.4M+41.2%
Operating income-$6.5M+34.3%
Net income-$2.5M+87.3%
EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$30.3M-23.8%
Total debt$104.9M+2.5%
Total equity-$16.3M-421%
Total assets$168.2M+2.6%

Cash flow

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Operating cash flow-$2.2M+55.6%
CapEx$1.0M+218%
Free cash flow-$3.3M+38.7%

Valuation

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Market cap$511.91M+133%
Enterprise value$586.58M+108%
P/S0.9×+0.4×

Profitability

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Operating margin-6%-2.1pp
Net margin-8%-2.7pp
FCF margin-5.1%

Returns & leverage

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Return on equity-277.6%-700pp
Debt / equity20.2×+17.3×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by The Oncology Institute, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: The Oncology Institute, Inc.’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Oncology Institute, Inc.'s california — deferred tax asset, valuation allowance?
The Oncology Institute, Inc. (TOI) reported california — deferred tax asset, valuation allowance of $16.6M in Q4 2025.
How has The Oncology Institute, Inc.'s california — deferred tax asset, valuation allowance changed year-over-year?
The Oncology Institute, Inc.'s california — deferred tax asset, valuation allowance increased by 8.6% year-over-year, from $15.29M to $16.6M.
What does california — deferred tax asset, valuation allowance mean?
This metric represents the valuation allowance established against deferred tax assets specifically attributable to the California geographic segment. It reflects management's assessment that it is more likely than not that some portion of the deferred tax assets will not be realized due to insufficient future taxable income within that jurisdiction. A change in this allowance serves as a key indicator of the company's outlook on the profitability and tax planning effectiveness of its operations in the California market.