Toyo TOYO
NASDAQ TOYO
$4.38 +0.04 (+0.92%)
As of: Sep 10, 2026 · 3:59 PM EDT

Toyo (TOYO) Operating Expenses (2022 - 2026)

Toyo (TOYO) posted Operating Expenses of -$14.4 million for Q2 2026, down 25.41% on a QoQ basis from -$11.5 million in Q1 2026, and down 96.25% year-over-year from -$383.9 million in Q2 2025.

Analysis

Toyo (TOYO) Operating Expenses (2022 - 2026) Analysis & Trends

Toyo has reported Operating Expenses for 3 years, with the latest figure at -$14.4 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 96.25% year-over-year to -$14.4 million in Q2 2026; TTM through Jun 2026 was -$39.3 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$37.3 million, down 186.09% from the prior year.
  • Operating Expenses was -$14.4 million for Q2 2026 at Toyo, down from -$11.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $187422.0 in Q4 2022, with the low at -$14.4 million in Q2 2026.
  • Average Operating Expenses over 3 years is -$7.8 million, with a median of -$7.3 million recorded in 2025.
  • The largest YoY upside for Operating Expenses was 89.44% in 2026 against a maximum downside of 96.25% in 2026.
  • Over 3 years, Operating Expenses stood at $187422.0 in 2022, then sank by 4018.1% to -$7.3 million in 2025, then plunged by 96.25% to -$14.4 million in 2026.
  • The last three Operating Expenses figures came in at -$14.4 million (Q2 2026), -$11.5 million (Q1 2026), and -$7.3 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 154.62 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 144.95 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 123.50 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 111.20 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 71.88 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 30.80 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 239.53 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 64.84 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -287.32 Mn
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -14.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.41 Mn
Mar 31, 2026 -11.49 Mn
Jun 30, 2025 -7.34 Mn
Mar 31, 2025 -6.07 Mn
Dec 31, 2022 187,422.00