TOYO Co., Ltd Announces Unaudited Second Quarter and First Half 2026 Financial Results
TOYO reported unaudited H1 2026 revenue of $261.0 million, up 87.6% year-over-year, with net income surging to $45.8 million from $2.5 million in the prior year period. Gross margin expanded to 32.5% from 16.6%, supported by the delivery of 2.6 GW of solar cells and the start of module production at its new Texas facility.
Key figures
- Eps
- 1.2
- Revenue
- 261000000
- Revenue Yoy
- 87.6%
- Ebitda
- 82100000
- Net income
- 45800000
- Gross margin
- 32.5%
- Hjt investment usd
- 357000000
- Cash from operations
- 61400000
- Offering proceeds net
- 52600000
- Solar cells delivered gw
- 2.6
- Solar modules delivered mw
- 191.5
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