Toyo (TOYO) Operating Expenses (2022 - 2026)
Toyo's quarterly Operating Expenses came in at -$11.5 million in Q1 2026, down 89.44% year-on-year from -$108.8 million in Q1 2025, and down 89.44% quarter-over-quarter from -$6.1 million in Q1 2025.
Toyo has reported Operating Expenses for 2 years, with the latest figure at -$11.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 89.44% year-over-year to -$11.5 million; the trailing twelve-month figure through Mar 2026 stood at -$17.6 million (changed N/A YoY), and the FY2025 full-year result was $37.3 million, up 186.09% from the prior year.
- Operating Expenses for Q1 2026 stood at -$11.5 million, down from -$6.1 million in the prior quarter.
- The five-year high for Operating Expenses was -$6.1 million in Q1 2025, with the low at -$11.5 million in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 188.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 130.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 123.32 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 765.74 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 33.29 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 55.90 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -232.93 Mn |
| 10 | Toyo | 14,082.60 | -59.56 Mn | 47.76 Mn | -11.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.49 Mn |
| Mar 31, 2025 | -6.07 Mn |
| Dec 31, 2022 | 187,422.00 |