Toyo (TOYO) Tax Provisions (2022 - 2026)
Toyo (TOYO) posted quarterly Tax Provisions of -$5.5 million for Q1 2026, down 401.09% year-over-year from $1.8 million in Q1 2025, and down 152.48% quarter-over-quarter from -$2.2 million in Q2 2025.
Toyo (TOYO) Tax Provisions (2022 - 2026) Analysis & Trends
Toyo's Tax Provisions history runs 3 years deep, the most recent figure standing at -$5.5 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 401.09% year-over-year to -$5.5 million; the TTM figure through Mar 2026 stood at -$8.9 million (changed N/A YoY), while the FY2025 annual figure was -$15.4 million, down 1867.42% from the prior year.
- Tax Provisions for Q1 2026 stood at -$5.5 million, down from -$2.2 million in the prior quarter.
- The five-year high for Tax Provisions was -$37368.0 in Q4 2022, with the low at -$5.5 million in Q1 2026.
- The 3-year median for Tax Provisions is -$1.6 million (2025), against an average of -$2.2 million.
- Peak annual rise in Tax Provisions reached 401.09% in 2026, while the deepest fall reached 401.09% in 2026.
- Toyo's Tax Provisions stood at -$37368.0 in 2022, then plunged by 5765.95% to -$2.2 million in 2025, then slumped by 152.48% to -$5.5 million in 2026.
- Business Quant data shows TOYO's Tax Provisions at -$5.5 million in Q1 2026, -$2.2 million in Q2 2025, and -$1.1 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -3.97 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 2.33 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 4.18 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 7.40 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -5.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.53 Mn |
| Jun 30, 2025 | -2.19 Mn |
| Mar 31, 2025 | -1.10 Mn |
| Dec 31, 2022 | -37,368.00 |