Toyo (TOYO) Interest Expenses (2022 - 2026)
Toyo's (TOYO) quarterly Interest Expenses came in at -$785260.0 in Q1 2026, down 35.61% year-on-year from -$1.2 million in Q1 2025, and down 124.49% quarter-over-quarter from $3.2 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 -$785260.0 for Q1 2026.
- On a quarterly basis, Interest Expenses fell 35.61% year-over-year to -$785260.0 in Q1 2026; TTM through Mar 2026 was -$2.6 million, a N/A change from a year earlier, with the FY2025 full-year figure at $12.2 million, up 269.23% from the prior year.
- Interest Expenses slipped to -$785260.0 in Q1 2026 per TOYO's latest filing, from $3.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $3.2 million in Q4 2025 and bottomed at -$1.2 million in Q2 2025.
- The 5-year median for Interest Expenses is -$583.0 (2022), against an average of $225484.0.
- Across the five-year window, Interest Expenses soared 29819.9% in 2023 and plunged 35.61% in 2026, its largest moves.
- Year by year, Interest Expenses stood at -$583.0 in 2022, then surged by 29819.9% to $173267.0 in 2023, then surged by 339.37% to $761288.0 in 2024, then surged by 321.22% to $3.2 million in 2025, then plunged by 124.49% to -$785260.0 in 2026.
- Per Business Quant, the three latest TOYO Interest Expenses figures stand at -$785260.0 (Q1 2026), $3.2 million (Q4 2025), and -$1.2 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 56.27 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 26.55 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 28.41 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 83.69 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 210.73 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -48.46 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.38 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -785,260.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -785,260.00 |
| Mar 31, 2026 | -785,260.00 |
| Dec 31, 2025 | 3.21 Mn |
| Dec 31, 2025 | 3.21 Mn |
| Jun 30, 2025 | -1.20 Mn |
| Jun 30, 2025 | -1.20 Mn |
| Mar 31, 2025 | -579,049.00 |
| Mar 31, 2025 | -579,049.00 |
| Dec 31, 2024 | 761,288.00 |
| Dec 31, 2024 | 761,288.00 |
| Dec 31, 2023 | 173,267.00 |
| Dec 31, 2023 | 173,267.00 |
| Dec 31, 2022 | -583.00 |
| Dec 31, 2022 | -583.00 |