Toyo (TOYO) Research & Development (2025 - 2026)
Toyo (TOYO) posted Research & Development of -$1.6 million for Q2 2026, up 22.06% on a QoQ basis from -$2.0 million in Q1 2026, and up 24.59% year-over-year from -$1.3 million in Q2 2025.
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Toyo (TOYO) Research & Development (2025 - 2026) Analysis & Trends
Toyo has reported Research & Development for 2 years, with the latest figure at -$1.6 million in Q2 2026.
- On a quarterly basis, Research & Development rose 24.59% year-over-year to -$1.6 million in Q2 2026; TTM through Jun 2026 was -$6.1 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$5.9 million, down 264.38% from the prior year.
- Research & Development was -$1.6 million for Q2 2026 at Toyo, up from -$2.0 million in the prior quarter.
- The five-year high for Research & Development was -$456087.0 in Q1 2025, with the low at -$2.1 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 52.75 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 20.80 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -34.10 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -1.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.56 Mn |
| Mar 31, 2026 | -2.01 Mn |
| Jun 30, 2025 | -2.07 Mn |
| Mar 31, 2025 | -456,087.00 |