Toyo TOYO
NASDAQ TOYO
$4.41 +0.07 (+1.50%)
As of: Sep 10, 2026 · 12:01 PM EDT

Toyo (TOYO) Payables (2023 - 2026)

Toyo (TOYO) posted Payables of $88.7 million for Q2 2026, up 13.62% on a QoQ basis from $78.1 million in Q1 2026, and up 14.38% year-over-year from $77.6 million in Q2 2025.

Analysis

Toyo (TOYO) Payables (2023 - 2026) Analysis & Trends

Toyo has reported Payables for 4 years, with the latest figure at $88.7 million in Q2 2026.

  • On a quarterly basis, Payables rose 14.38% year-over-year to $88.7 million in Q2 2026; TTM through Jun 2026 was $88.7 million, a 14.38% increase from a year earlier, with the FY2025 full-year figure at $83.0 million, up 370.94% from the prior year.
  • Payables was $88.7 million for Q2 2026 at Toyo, up from $78.1 million in the prior quarter.
  • The five-year high for Payables was $88.7 million in Q2 2026, with the low at $17.6 million in Q4 2024.
  • Average Payables over 4 years is $53.3 million, with a median of $57.4 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Payables slumped 52.64% in 2024, then jumped 370.94% in 2025.
  • Over 4 years, Payables stood at $37.2 million in 2023, then plunged by 52.64% to $17.6 million in 2024, then surged by 370.94% to $83.0 million in 2025, then advanced by 6.88% to $88.7 million in 2026.
  • The last three Payables figures came in at $88.7 million (Q2 2026), $78.1 million (Q1 2026), and $83.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 22.32 Bn 20.60 Bn 605.00 Mn 346.33 Mn
2 Nextpower 12.21 Bn 10.99 Bn 335.85 Mn 535.97 Mn
3 Enphase Energy 4.89 Bn 3.96 Bn 175.01 Mn 124.59 Mn
4 Solaredge Technologies 2.08 Bn 1.50 Bn 95.15 Mn 460.14 Mn
5 T1 Energy 1.32 Bn 1.11 Bn 49.10 Mn 127.09 Mn
6 Shoals Technologies 1.17 Bn 1.15 Bn 49.53 Mn 65.98 Mn
7 Canadian Solar 874.23 Mn -592.27 Mn 168.48 Mn 4.13 Bn
8 Array Technologies 692.40 Mn 385.10 Mn 99.60 Mn 161.09 Mn
9 JinkoSolar Holding 613.77 Mn -2.07 Bn 75.62 Mn 3.17 Bn
10 Toyo 132.44 Mn 22.39 Mn 36.97 Mn 88.74 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 88.74 Mn
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 17.63 Mn
Jun 30, 2024 25.02 Mn
Dec 31, 2023 37.22 Mn