TOYO Co., Ltd. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	427.38	176.96	62.38
Revenue Growth (YoY)	141.52%	183.69%	-
Cost of Revenue	331.05	155.06	45.75
Gross Profit	96.34	21.9	16.64
Selling, General & Admin	37.3	13.04	4.65
Total Operating Expenses	37.3	13.04	4.65
Operating Income	59.04	8.86	11.99
Total Non-Operating Income (Expense)	-6.51	32.42	-2.1
Pretax Income	52.52	41.28	9.89
Provision for Income Taxes	15.37	0.78	-
Net Income	37.15	40.5	9.89
Minority Interest in Earnings	-2.51	-0.11	-
Net Income to Common	39.66	40.61	9.89
Net Income Growth	-2.35%	310.69%	-
Shares Outstanding (Basic)	30	31	41
Shares Outstanding (Diluted)	30	31	41
Shares Change (YoY)	-1.36%	-25.00%	-
EPS (Basic)	1.14	1.09	0.24
EPS (Diluted)	1.13	1.09	0.24
EPS Growth	3.67%	354.17%	-
Free Cash Flow	41.24	2.46	-126.77
Free Cash Flow Growth	1574.51%	-	-
Free Cash Flow Per Share	1.36	0.08	-3.09
Gross Margin	22.54%	12.37%	26.67%
Operating Margin	13.81%	5.01%	19.22%
Profit Margin	8.69%	22.89%	15.85%
FCF Margin	9.65%	1.39%	-203.23%
EBITDA	98.63	32.38	14.71
EBITDA Margin	23.08%	18.30%	23.58%
EBIT	59.04	8.86	11.99
EBIT Margin	13.81%	5.01%	19.22%
Effective Tax Rate	29.26%	1.89%	0.00%

SEC Filings: 10-K · 10-Q