TOYO Co. (TOYO) Financial Statements & Analysis

TOYO Co. (TOYO) Income Statement

TOYO Co. reported revenue of $427.38M in fiscal 2025 (fiscal year ended Mar 31, 2026), up 141.5% from $176.96M a year earlier. Net income was $39.66M, down 2.1% year over year, a net margin of 9.3%. Gross margin was 22.5% and operating margin 13.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $118.18M, up 35.0% from the same quarter a year earlier.

TOYO Co. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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TOYO Co., Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023	Jun 2023	Dec 2022	Jun 2022
Revenue & Gross Profit
Revenue	427.38	427.38	176.96	62.38	0.00	-	0.00
Cost of Revenue	331.05	331.05	155.06	45.74	0.00	-	0.00
Gross Profit	96.34	96.34	21.90	16.64	0.00	-	0.00
Operating Expenses
Research & Development	0.00	-	0.00	0.00	0.00	-	0.00
Selling, General & Administrative	37.30	37.30	13.04	4.65	0.19	0.19	0.38
Operating Expenses	37.30	37.30	13.04	4.65	0.19	0.19	0.38
Operating Income	59.04	59.04	8.86	11.99	-0.19	-0.19	-0.38
Other Income/Expense
Interest Income	0.00	-	0.00	0.00	0.00	0.00	0.13
Interest Expense	3.32	-3.32	3.26	3.26	0.00	-	0.00
Other Income/Expense	-6.51	-3.20	32.42	-2.10	0.00	-	0.13
Income
Income Before Tax	52.52	52.52	41.28	9.89	-0.19	-0.19	-0.25
Income Tax Expense	15.37	15.37	0.78	0.00	0.00	-	0.00
Net Income	39.66	39.66	40.50	9.89	-0.19	-0.19	-0.25
Net Income - Continuous Operations	39.66	37.15	40.50	9.89	-0.19	-0.19	-0.25
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	95.44	98.63	67.78	15.76	-0.19	-0.19	-0.25
EBIT	-	59.04	8.86	11.98	-	-0.19	-
Depreciation & Amortization	39.59	39.59	23.24	2.61	0.00	0.00	0.00
Earnings Per Share
Basic EPS	1.00	1.00	1.00	-	-	-	-
Diluted EPS	1.00	1.00	1.00	-	-	-	-
Basic Shares Outstanding	30.10	35.16	30.75	41.00	11.96	44.34	11.96
Diluted Shares Outstanding	30.33	35.16	30.75	41.00	11.96	44.34	11.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About TOYO Co. Financial Statements

What was TOYO Co.'s revenue in fiscal 2025?

TOYO Co. reported revenue of $427.38M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was up 141.5% from $176.96M a year earlier.

Is TOYO Co. profitable?

Yes. TOYO Co. earned net income of $39.66M in fiscal 2025, a net margin of 9.3%. In fiscal 2024 it earned $40.50M.

What is TOYO Co.'s operating margin?

TOYO Co.'s operating income was $59.04M on revenue of $427.38M in fiscal 2025, an operating margin of 13.8%, compared with 5.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition