Toyo (TOYO) Net Income (2022 - 2026)

Toyo's (TOYO) quarterly Net Income came in at $39.5 million in Q1 2026, up 2719.67% year-on-year from $1.4 million in Q1 2025, and up 272.39% quarter-over-quarter from $10.6 million in Q2 2025.

Toyo (TOYO) Net Income (2022 - 2026) Analysis & Trends

Toyo's Net Income history runs 3 years deep, the most recent figure standing at $39.5 million for Q1 2026.

  • On a quarterly basis, Net Income rose 2719.67% year-over-year to $39.5 million in Q1 2026; TTM through Mar 2026 was $48.6 million, a 3323.14% increase from a year earlier, with the FY2025 full-year figure at $37.2 million, down 8.27% from the prior year.
  • Net Income improved to $39.5 million in Q1 2026 per TOYO's latest filing, from $10.6 million in the prior quarter.
  • Across five years, Net Income topped out at $39.5 million in Q1 2026 and bottomed at -$1.5 million in Q1 2025.
  • The 3-year median for Net Income is $5.2 million (2022), against an average of $12.1 million.
  • Biggest YoY gain for Net Income was 2719.67% in 2026; the steepest drop was 2719.67% in 2026.
  • Year by year, Net Income stood at -$149471.0 in 2022, then jumped by 7192.81% to $10.6 million in 2025, then jumped by 272.39% to $39.5 million in 2026.
  • Per Business Quant, the three latest TOYO Net Income figures stand at $39.5 million (Q1 2026), $10.6 million (Q2 2025), and -$1.5 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 346.62 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -7.40 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -228.75 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -57.37 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -297.33 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -297,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -130.80 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 39.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 39.48 Mn
Jun 30, 2025 10.60 Mn
Mar 31, 2025 -1.51 Mn
Dec 31, 2022 -149,471.00