Toyo FY26 first-half net income rises to USD 45.8 million; revenue increases 87.6% to USD 261 million

Reuters2026/08/19 10:31

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Toyo posted Q2 2026 revenue of USD 118.2 million, up 35% year-over-year; net income rose to USD 17.4 million.
Gross margin widened 10.4 percentage points to 31.3%; diluted EPS increased to USD 0.45.
First-half revenue climbed 87.6% to USD 261 million; net income rose to USD 45.8 million.
U.S. end-customer sales reached USD 210.5 million, about 80.7% of first-half revenue; solar cells delivered rose 62.5% to 2.6 GW.
Second 1 GW Texas module line is set to start production in September 2026; 1.5 GW HJT cell line targets pilot production by Q1 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyo Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608190630PR_NEWS_USPR_____CN29392) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Toyo FY26 first-half net income rises to USD 45.8 million; revenue increases 87.6% to USD 261 million

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