Third Parties was Toyo’s largest product and service line in fiscal 2025, bringing in $256.29M of $427.38M (60%).
| Product and Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Related Parties | $61.50M | $127.27M | $171.09M |
| Third Parties | $872.67K | $49.69M | $256.29M |
| Total | $62.38M | $176.96M | $427.38M |
Toyo brought in $427.38M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 141.5% from $176.96M in fiscal 2024. Third Parties was the largest at $256.29M (60.0%), ahead of Related Parties at $171.09M (40.0%).
Compared with fiscal 2024, Third Parties grew 415.8% to $256.29M and Related Parties grew 34.4% to $171.09M. From fiscal 2023 to 2025, combined revenue from these lines grew from $62.38M to $427.38M, a compound annual growth rate of 161.8%. Third Parties' share of the total rose from 1.4% to 60.0%.
Toyo (TOYO) reports its revenue by product and service. In fiscal 2025, Third Parties was its largest product and service line, bringing in $256.29M (60.0% of the total), followed by Related Parties at $171.09M (40.0%).
Third Parties was Toyo's largest product and service line in fiscal 2025, bringing in $256.29M, or 60.0% of the $427.38M total across its two product and service lines.
Third Parties grew faster than Related Parties in fiscal 2025, up 415.8% from $49.69M to $256.29M. Related Parties grew 34.4% to $171.09M.
Every figure comes from Toyo's annual financial filings, as reported. Each line keeps the name Toyo gives it, and years follow its fiscal calendar.
Toyo's revenue by product and service goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.