/Finance and Administration
Budget, Financial Planning and Analysis

Budget vs. Actuals Reporting

FY 2026 Operating Budget

 

FY 2026 Operating Budget 

Stony Brook University’s FY26 operating budget reflects total projected revenue of $4.6B. This structure encompasses the University’s healthcare, academic, and administrative functions, while maintaining separate tracking for state-funded obligations.

The Healthcare Enterprise, which includes the hospital, clinical practices, and Veterans Home, represents the largest portion of the revenue budget at $3.1B. Hospital Revenue, inclusive of patient billings and affiliate hospital income, accounts for $1,842.0M (59.9% of healthcare revenue), while Clinical Practice Revenue contributes $886.2M (28.8%). Hospital Government Payments total $274.1M (8.9%), and total Veterans Home revenue is budgeted at $74.9M (2.3%).

The Academic & Research Enterprise is budgeted at $1.5B, with a more distributed revenue structure. Research activities account for $406.9M (26.5%), Tuition contributes $327.7M (21.8%), and IFR & SUTRA totals $264.4M (17.2%). State Tax Support of $221.8M (14.5%) reflects continued state investment in the University’s academic mission. Dormitory revenue of $127.8M (8.5%) is budgeted in line with the anticipated enrollment and occupancy levels.

The grid at the bottom of this section contains an overview of budgeted revenue versus budgeted expenses. There are anticipated in-year gaps for both the Healthcare Enterprise and the Academic & Research Enterprise. Please note, the bulk of the Academic & Research Enterprise gap will be covered by planned drawdown of reserves specifically in IFR, SUTRA, and SBF Support Funds. 

REVENUE: FY 2026 Operating Budget

FY2026 Operating Budget

FY2026 Source of Funds
FY 2026 Academic and Research Enterprise Source of Fund
FY 2026 Healthcare Enterprise Source of Funds

EXPENSES: FY 2026 Operating Expenses Budget

Stony Brook University’s FY26 operating budget outlines a comprehensive financial structure managing $4.9B in expenses across its major divisions. This structure reflects the complex interplay between the institution’s healthcare, academic, and administrative functions, while maintaining separate tracking for state-funded obligations. 

The Healthcare Enterprise, which includes the hospital, clinical practices, and Veterans Home, represents the largest portion of the expense budget at $3.2B. Hospital operations account for $2,253.8M (46.3% of total costs), while clinical practices contribute $898.8M (18.5%). The healthcare division’s expenses are predominantly driven by salary and wages, which constitute 65.4% ($2,111.6M) of its budget, followed by clinical supplies at 13.1% ($424.4M) and contractual services at 11.2% ($362.2M).

The Academic & Research Enterprise manages approximately $1.6B in budgeted expenses, with a more distributed cost structure. Research activities account for $386.8M (23.6%), while Provost/Academic Affairs expenses total $304.4M (18.6%), University Administration costs reach $245.7M (15.0%), and Health Sciences and the Renaissance School of Medicine total $194.2M (11.9%). Similar to the healthcare division, the academic enterprise’s largest expense category is salary and wages, representing 57.6% ($943.4M) of its budget. 

Within the University Administration’s $245.7M budget, the largest allocations go to Student Aid ($80.0M, 32.6%), Utilities ($40.8M, 16.6%), and Facilities, Operations & Safety ($35.7M, 14.5%).

The Stony Brook Foundation expense budget of $92.6M primarily supports Provostial units ($34.4M, 37.2%), and Advancement activities ($18.1M, 19.5%), and Stony Brook Medicine ($17.9M, 19.3%).


In addition to the highlights of the FY 2026 expense budget described above, it is also important to note the FY26 revenue budget. The grid at the bottom of this section contains an overview of the budgeted revenue versus the budgeted expenses. There are anticipated in-year gaps for both the Healthcare Enterprise and the Academic & Research Enterprise. Please note, the lion’s share of the Academic & Research Enterprise gap represents a planned use of reserves specifically in IFR, SUTRA, and SBF Support funds.

 

FY 2026 Operating Budget Expenses

FY 2026 Expenses Costs by Division
FY 2026 Expenses Costs by Expense Type
FY 2026 Expenses Academic and Research Costs by Division

FY 2026 Expenses Stony Brook Foundation Costs

The Stony Brook Foundation expense budget of $92.6M primarily supports Provostial units ($34.4M, 37.2%), Restricted Strategic Initiatives ($17.6M, 19.0%), and Advancement activities ($18.1M, 19.5%).

FY 2026 Expenses University Administration Costs
Fy 2026 Expesnes Academic and Research Costs by Expense
FY 2026 Expenses Healthcare Enterprise Costs by Expense

FY 2026 FUNDING vs. COSTS

FY 2026 Operating Budget - Funding vs. Costs

Overall, the FY26 operating budget reflects anticipated in-year gaps across both enterprises. The lion’s share of the Academic & Research Enterprise gap represents a planned use of reserves specifically for IFR, SUTRA, and SBF Support funds. Note that figures may not foot due to rounding.

Healthcare Enterprise Funding  Costs Surplus (Deficit)
SBU Hospital $1,755M $1,854M ($99M)
Southampton Hospital $283M $321M ($38M)
Eastern Long Island Hospital $78M $78M ($1M)
Clinical Practices $886M $899M ($13M)
Veterans Home $75M $77M ($2M)
Total Hospital and Clinic $3,078M $3,229M ($152M)

 

Academic & Research Enterprise Funding Costs

Surplus (Deficit)
Total Academic and Research $1,533M $1,637M ($104M)
  Funding Costs Surplus (Deficit)
Healthcare Enterprise $3,078M $3,229M ($152M)
Academic & Research $1,533M $1,637M ($104M)
Total Operating Budget $4,611M $4,867M ($255M)

 

Note: This reflects the operating budget as of September 2025. This website has been updated as of July 2026.