Toyo (TOYO) Tax Provisions (2022 - 2026)

Toyo's (TOYO) quarterly Tax Provisions came in at -$5.5 million in Q1 2026, down 401.09% year-on-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.

  • On a quarterly basis, Tax Provisions fell 401.09% year-over-year to -$5.5 million in Q1 2026; TTM through Mar 2026 was -$8.9 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$15.4 million, down 1867.42% from the prior year.
  • Tax Provisions retreated to -$5.5 million in Q1 2026 per TOYO's latest filing, from -$2.2 million in the prior quarter.
  • Across five years, Tax Provisions topped out at -$37368.0 in Q4 2022 and bottomed 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.
  • Biggest YoY gain for Tax Provisions was 401.09% in 2026; the steepest drop was 401.09% in 2026.
  • Year by year, Tax Provisions stood at -$37368.0 in 2022, then tumbled by 5765.95% to -$2.2 million in 2025, then sank by 152.48% to -$5.5 million in 2026.
  • Per Business Quant, the three latest TOYO Tax Provisions figures stand at -$5.5 million (Q1 2026), -$2.2 million (Q2 2025), and -$1.1 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 7.72 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 9.03 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -6.50 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 54.98 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 1.29 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 7.07 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -89,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 4.18 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.13 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -5.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.53 Mn
Jun 30, 2025 -2.19 Mn
Mar 31, 2025 -1.10 Mn
Dec 31, 2022 -37,368.00