Toyo (TOYO) Payables (2023 - 2026)
Toyo's (TOYO) quarterly Payables came in at $78.1 million in Q1 2026, up 302.58% year-on-year from $19.4 million in Q1 2025, and down 5.93% quarter-over-quarter from $83.0 million in Q4 2025.
Toyo (TOYO) Payables (2023 - 2026) Analysis & Trends
Toyo's Payables history runs 4 years deep, the most recent figure standing at $78.1 million for Q1 2026.
- On a quarterly basis, Payables rose 302.58% year-over-year to $78.1 million in Q1 2026; TTM through Mar 2026 was $78.1 million, a 302.58% increase from a year earlier, with the FY2025 full-year figure at $83.0 million, up 145.95% from the prior year.
- Payables fell to $78.1 million in Q1 2026 per TOYO's latest filing, from $83.0 million in the prior quarter.
- Across five years, Payables topped out at $37221.1 billion in Q4 2023 and bottomed at $19.4 million in Q1 2025.
- The 4-year median for Payables is $77.6 million (2025), against an average of $5317.4 billion.
- Across the five-year window, Payables plunged 100.0% in 2024 and surged 302.58% in 2026, its largest moves.
- Year by year, Payables stood at $37221.1 billion in 2023, then plunged by 100.0% to $33.8 million in 2024, then surged by 145.95% to $83.0 million in 2025, then declined by 5.93% to $78.1 million in 2026.
- Per Business Quant, the three latest TOYO Payables figures stand at $78.1 million (Q1 2026), $83.0 million (Q4 2025), and $77.6 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 113.46 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 3.45 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 3.27 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 142.17 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 78.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.10 Mn |
| Dec 31, 2025 | 83.03 Mn |
| Jun 30, 2025 | 77.58 Mn |
| Mar 31, 2025 | 19.40 Mn |
| Dec 31, 2024 | 33.76 Mn |
| Jun 30, 2024 | 59.03 Mn |
| Dec 31, 2023 | 37,221.12 Bn |