Toyo (TOYO) Notes Payables (2024 - 2026)

Toyo's (TOYO) 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 (TOYO) Notes Payables (2024 - 2026) Analysis & Trends

Toyo's Notes Payables history runs 3 years deep, the most recent figure standing at $29.9 million for Q1 2026.

  • On a quarterly basis, Notes Payables rose 54.11% year-over-year to $29.9 million in Q1 2026; TTM through Mar 2026 was $29.9 million, a 54.11% increase from a year earlier, with the FY2025 full-year figure at $30.6 million, up 90.05% from the prior year.
  • Notes Payables slipped to $29.9 million in Q1 2026 per TOYO's latest filing, from $30.6 million in the prior quarter.
  • Across five years, Notes Payables topped out at $34.0 million in Q2 2024 and bottomed at $16.1 million in Q4 2024.
  • The 3-year median for Notes Payables is $26.3 million (2025), against an average of $25.4 million.
  • Biggest YoY gain for Notes Payables was 90.05% in 2025; the steepest drop was 33.51% in 2025.
  • Year by year, Notes Payables stood at $16.1 million in 2024, then soared by 90.05% to $30.6 million in 2025, then dropped by 2.45% to $29.9 million in 2026.
  • Per Business Quant, the three latest TOYO Notes Payables figures stand at $29.9 million (Q1 2026), $30.6 million (Q4 2025), and $22.6 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 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
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.90 Mn
Dec 31, 2025 30.65 Mn
Jun 30, 2025 22.61 Mn
Mar 31, 2025 19.40 Mn
Dec 31, 2024 16.13 Mn
Jun 30, 2024 34.01 Mn