Toyo (TOYO) Gross Margin (2025 - 2026)
Toyo (TOYO) posted Gross Margin of 31.28% for Q2 2026, down 6.5% on a QoQ basis from 33.45% in Q1 2026, and up 1040.0% year-over-year from 2.74% in Q2 2025.
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Toyo (TOYO) Gross Margin (2025 - 2026) Analysis & Trends
Toyo has reported Gross Margin for 2 years, with the latest figure at 31.28% in Q2 2026.
- On a quarterly basis, Gross Margin rose 1040.0% year-over-year to 31.28% in Q2 2026; TTM through Jun 2026 was 26.95%, a N/A change from a year earlier, with the FY2025 full-year figure at 22.54%, up 1017.0% from the prior year.
- Gross Margin was 31.28% for Q2 2026 at Toyo, down from 33.45% in the prior quarter.
- The five-year high for Gross Margin was 33.45% in Q1 2026, with the low at 9.31% in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.28 Bn | 20.55 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.21 Bn | 11.00 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.89 Bn | 3.95 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.05 Bn | 1.47 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.32 Bn | 1.10 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.17 Bn | 1.15 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 873.10 Mn | -593.41 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 692.40 Mn | 385.10 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 612.73 Mn | -2.07 Bn | 75.62 Mn | 4.15% |
| 10 | Toyo | 132.44 Mn | 22.39 Mn | 36.97 Mn | 31.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.28% |
| Mar 31, 2026 | 33.45% |
| Jun 30, 2025 | 20.88% |
| Mar 31, 2025 | 9.31% |