Toyo (TOYO) Interest Expenses (2022 - 2026)
Toyo (TOYO) posted quarterly Interest Expenses of $44.9 million for Q1 2026, up 3992.12% year-over-year from $1.1 million in Q1 2025, and down 9.37% quarter-over-quarter from $49.6 million in Q4 2025.
Toyo (TOYO) Interest Expenses (2022 - 2026) Analysis & Trends
Toyo's Interest Expenses history runs 5 years deep, the most recent figure standing at $44.9 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 3992.12% year-over-year to $44.9 million; the TTM figure through Mar 2026 stood at $44.9 million (up 3992.12% YoY), while the FY2025 annual figure was $49.6 million, up 1395.3% from the prior year.
- Interest Expenses for Q1 2026 stood at $44.9 million, down from $49.6 million in the prior quarter.
- The five-year high for Interest Expenses was $49.6 million in Q4 2025, with the low at -$583.0 in Q4 2022.
- The 5-year median for Interest Expenses is $1.2 million (2024), against an average of $18.3 million.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses soared 29819.9% in 2023, then soared 339.37% in 2024.
- Toyo's Interest Expenses stood at -$583.0 in 2022, then jumped by 29819.9% to $173267.0 in 2023, then jumped by 339.37% to $761288.0 in 2024, then surged by 6413.41% to $49.6 million in 2025, then decreased by 9.37% to $44.9 million in 2026.
- Business Quant data shows TOYO's Interest Expenses at $44.9 million in Q1 2026, $49.6 million in Q4 2025, and $48.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 5.56 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 327,000.00 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 12.38 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.47 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -48.46 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 5.79 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -785,260.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.94 Mn |
| Mar 31, 2026 | 44.94 Mn |
| Dec 31, 2025 | 49.59 Mn |
| Dec 31, 2025 | 49.59 Mn |
| Jun 30, 2025 | 48.22 Mn |
| Jun 30, 2025 | 48.22 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | 761,288.00 |
| Dec 31, 2024 | 761,288.00 |
| Jun 30, 2024 | 1.38 Mn |
| Jun 30, 2024 | 1.38 Mn |
| Dec 31, 2023 | 173,267.00 |
| Dec 31, 2023 | 173,267.00 |
| Dec 31, 2022 | -583.00 |
| Dec 31, 2022 | -583.00 |