Toyo (TOYO) Operating Expenses (2022 - 2026)
Toyo (TOYO) posted quarterly Operating Expenses of -$11.5 million for Q1 2026, down 89.44% year-over-year from -$108.8 million in Q1 2025, and down 56.48% quarter-over-quarter from -$7.3 million in Q2 2025.
Toyo (TOYO) Operating Expenses (2022 - 2026) Analysis & Trends
Toyo's Operating Expenses history runs 3 years deep, the most recent figure standing at -$11.5 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 89.44% year-over-year to -$11.5 million; the TTM figure through Mar 2026 stood at -$24.9 million (down 310.49% YoY), while the FY2025 annual figure was -$37.3 million, down 186.09% from the prior year.
- Operating Expenses for Q1 2026 stood at -$11.5 million, down from -$7.3 million in the prior quarter.
- The five-year high for Operating Expenses was $187422.0 in Q4 2022, with the low at -$11.5 million in Q1 2026.
- The 3-year median for Operating Expenses is -$6.7 million (2025), against an average of -$6.2 million.
- Peak annual rise in Operating Expenses reached 89.44% in 2026, while the deepest fall reached 89.44% in 2026.
- Toyo's Operating Expenses stood at $187422.0 in 2022, then sank by 4018.1% to -$7.3 million in 2025, then sank by 56.48% to -$11.5 million in 2026.
- Business Quant data shows TOYO's Operating Expenses at -$11.5 million in Q1 2026, -$7.3 million in Q2 2025, and -$6.1 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 835.20 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 111.20 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 188.46 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 64.84 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -11.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.49 Mn |
| Jun 30, 2025 | -7.34 Mn |
| Mar 31, 2025 | -6.07 Mn |
| Dec 31, 2022 | 187,422.00 |