TOYO Co., Ltd (TOYO)
Nasdaq: TOYO · Semiconductors & Related Devices · Tokyo · filing with the SEC since 2023
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Report filed | Apr 1, 2026 | May 12, 2025 | · |
| Revenue | 427,383,003 | 176,957,128 | 62,377,390 |
| Cost of revenue | 331,045,562 | 155,059,216 | 45,740,860 |
| Gross profit | 96,337,441 | 21,897,912 | 16,636,530 |
| Sales and marketing | 5,923,870 | 1,625,724 | 17,573 |
| General and administrative | 31,376,223 | 11,412,152 | 4,632,009 |
| Total operating expenses | 37,300,093 | 13,037,876 | 4,649,582 |
| Operating income | 59,037,348 | 8,860,036 | 11,986,948 |
| Interest expense | 3,318,705 | 3,264,646 | 3,261,459 |
| Other income (expense), net | -1,854,076 | 586,167 | 1,163,666 |
| Total non-operating income (expense) | -6,514,575 | 32,421,521 | -2,097,793 |
| Income before income taxes | 52,522,773 | 41,281,557 | 9,889,155 |
| Income tax expense | 15,370,241 | 781,238 | · |
| Net income including non-controlling interests | 37,152,532 | 40,500,319 | 9,889,155 |
| Net income to non-controlling interests | -2,507,366 | -113,851 | · |
| Net income | 39,659,898 | 40,614,170 | 9,889,155 |
| Net income to common shareholders | 34,232,047 | 33,527,405 | 9,889,155 |
| Earnings per share, basic | 1.14 | 1.09 | 0.24 |
| Earnings per share, diluted | 1.13 | 1.09 | 0.24 |
| Weighted average shares, basic | 30,099,569 | 30,751,424 | 41,000,000 |
| Weighted average shares, diluted | 30,333,876 | 30,751,424 | 41,000,000 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding