TOYO Co

TOYO

Market cap $265M

TOKYO, June 29, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar manufacturing company, today announced that it has been added to the broad-market Russell 3000® Index and the Russell Microcap® Index at the conclusion of the 2026 Russell US Indexes Reconstitution, effective at the US market close on June 26, 2026. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

TOKYO, June 26, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar manufacturing company, today announced the closing on June 25, 2026 of its previously announced registered direct offering of an aggregate of 4,545,456 ordinary shares and warrants to purchase up to 4,545,456 ordinary shares, at a combined purchase price of $11.00 per share and associated warrant.

TOKYO, June 24, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar manufacturing company, today announced that it has entered into definitive agreements for the issuance and sale in a registered direct offering of an aggregate of 4,545,456 its ordinary shares and warrants to purchase up to 4,545,456 of its ordinary shares at a combined purchase price of $11.00 per share and associated warrant.

New commitments from major U.S. developers validate TOYO's market positioning as a trusted, high-efficiency solar module provider. TOKYO, June 10, 2026 /PRNewswire/ -- TOYO Co., Ltd.

Co-locating cell production with existing module site secures an integrated domestic footprint, optimizing supply chain insulation and capital efficiency. Projected $357 million investment targets completion within 20 months, positioning TOYO as a competitive domestic partner for FEOC-compliant, high-efficiency solar technology.

TOYO Co., Ltd. is rated Strong Buy, driven by explosive Q1 2026 growth, U.S. expansion, and deep undervaluation versus sector and peer benchmarks. Q1 2026 revenue surged 177% year-over-year to $142.8M, net income swung to $28.4M, and management guides for $90–100M full-year adjusted net income. TOYO's U.S.-centric strategy, including Houston facility expansion to 2GW, leverages strong domestic demand and vertical integration across the solar supply chain.

TOKYO, May 22, 2026 /PRNewswire/ --  TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it will participate in The Bank of America Power, Utilities, and Cleantech Conference, taking place on May 27-28, 2026 at the Two Bryant Park Pavilion, 1114 6th Avenue, New York, NY Rhone Resch, Chief Strategy Officer of TOYO will participate in one-on-one meetings with institutional investors during the conference. Attendance at the conference is by invitation only for The Bank of America clients.

TOYO Co., Ltd. (TOYO) Q1 2026 Earnings Call Transcript

TOYO NASDAQ: TOYO reported a sharply improved first quarter for fiscal 2026, with management describing the period as an “inflection point” as higher solar cell and module shipments drove record revenue, gross profit and net income.

TOKYO, May 18, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced its unaudited and unreviewed financial results for the first quarter ended March 31, 2026, and reaffirmed its 2026 guidance. First Quarter 2026  Highlights Revenues of $142.8 million, an increase of 177.0% year-over-year Net income of $28.4 million, compared to a net loss of $3.7 million in Q1 2025 EBITDA (Non-GAAP) of $48.1 million, compared to EBITDA of $2.4 million in Q1 2025 Adjusted EBITDA (Non-GAAP) of $48.3 million, compared to adjusted EBITDA $2.8 million in Q1 2025 Net income per diluted share of $0.75, compared to net loss per diluted share of $0.10 in Q1 2025 "We delivered a powerful start to 2026, achieving strong first-quarter revenue and net income growth that reflects the successful scale-up of our advanced manufacturing capabilities," said Takahiko Onozuka, Chairman and CEO of TOYO.