TOYO Co., Ltd. (TOYO)

TOYO Co., Ltd. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	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	39.66	40.61	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%	-
Shares Outstanding	36.71	33.6	41
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%

Updated Apr 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q