TOYO Co., Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $205.9M
- Price
- $4.82
- % Change (Daily % change from the live per-ticker quote feed.)
- +6.76%
- Volume
- 1.2M
About
TOYO Co., Ltd. participates across the full solar energy supply chain. Its operations encompass the initial upstream stages of wafer and silicon manufacturing, the midstream production of solar cells, and the final downstream assembly of photovoltaic (PV) modules. The company notably specializes in producing these solar PV modules. Founded in 2022, TOYO is headquartered in Tokyo, Japan.
Quick stats
Shares outstanding42.7M
Computed float12.3M
Float / shares28.7%
Key info
SectorEnergy
IndustrySolar
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001985273
Websitehttps://www.toyo-solar.com
AI Summary
AI-generated1/24
majorbullishearnings
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.
The company raised $52.6 million in net proceeds during the half and appointed Yasunari Harada as CFO, though management flagged potential policy impacts on second-half results.
Red flags
- CFO Taewoo (Raymond) Chung resigned effective June 30, 2026
- Management expects an impact on second-half results due to recent policy movements