Toyo (TOYO) Notes Payables (2024 - 2026)
Toyo's quarterly Notes Payables came in at $29.9 million in Q1 2026, up 54.11% year-on-year from $19.4 million in Q1 2025, and down 2.45% quarter-over-quarter from $30.6 million in Q4 2025.
Toyo has reported Notes Payables for 3 years, with the latest figure at $29.9 million in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables rose 54.11% year-over-year to $29.9 million; the trailing twelve-month figure through Mar 2026 stood at $29.9 million (up 54.11% YoY), and the FY2025 full-year result was $30.6 million, up 90.05% from the prior year.
- Notes Payables for Q1 2026 stood at $29.9 million, down from $30.6 million in the prior quarter.
- The five-year high for Notes Payables was $30.6 million in Q4 2025, with the low at $16.1 million in Q4 2024.
- Average Notes Payables over 3 years is $24.0 million, with a median of $24.6 million recorded in 2025.
- Year-over-year, Notes Payables jumped 90.05% in 2025 and jumped 54.11% in 2026.
- Tracing TOYO's Notes Payables over 3 years: stood at $16.1 million in 2024, then jumped by 90.05% to $30.6 million in 2025, then declined by 2.45% to $29.9 million in 2026.
- The last three Notes Payables figures came in at $29.9 million (Q1 2026), $30.6 million (Q4 2025), and $19.4 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Toyo | 14,082.60 | -59.56 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.90 Mn |
| Dec 31, 2025 | 30.65 Mn |
| Dec 31, 2024 | 16.13 Mn |