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TOYO Co., Ltd

corporate_fare Company Profile

TOYO Co., Ltd

TOYO·NASDAQ·Manufacturing·CIK 0001985273

TOYO Solar is an early-stage company incorporated in November 2022, focused on green and clean energy. The company was formed to separate solar cell and module production from VSUN, a subsidiary of Fuji Solar. TOYO Solar aims to be an integrated solar solutions provider in the United States and globally, covering wafer and silicon production (upstream), solar cell production (midstream), and photovoltaic (PV) module production (downstream), with potential expansion into other supply chain stages. The company is headquartered in Japan. TOYO Solar operates two solar cell plants. One plant is located in Vietnam, Southeast Asia, and commenced commercial production in the second half of 2023, achieving its full 2GW annual capacity. This plant utilizes automatic guided vehicles (AGVs) and TOPCon technology. The second solar cell plant is in Hawassa, Ethiopia, and began production in April 2025 with a 2GW capacity, expanding to 4GW in August 2025. TOYO Solar plans to fully utilize its annual solar cell production capacity from both Vietnam and Ethiopia. The company also collaborates with original equipment manufacturers (OEMs) to fulfill additional orders. TOYO Solar supplies its solar cells under the "TOYO Solar" brand to its affiliate VSUN and a select group of PV module manufacturers.

TOYO Co., Ltd (NASDAQ:TOYO) is a publicly traded company in the Manufacturing sector. Wiseek has independently scored 27 items for TOYO at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-28, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 15 rated 8 or above. Recent SEC coverage for TOYO spans 6-K, 424B5, F-3.

Recent high-impact activity:

  • TOYO Withholds H2 2026 Guidance Amid CBP and Tariff Uncertainty, Confident in Positive EBITDA
  • TOYO Secures $240M in Binding U.S. Solar Module Supply Deals Through 2027
  • TOYO Resolves Going Concern, Posts $45.8M H1 Profit Amid CBP Probe
  • TOYO Q2 Revenue Jumps 35% to $118M, H1 Net Income Soars 1,731%
  • Trump's Section 232 Solar Tariff Action Boosts TOYO's $357M U.S. Manufacturing Push

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$427.38M
Net Income
$39.66M
Diluted EPS
$1.13
Op. Cash Flow
$132.99M
Free Cash Flow
$41.24M
Gross Profit
$96.34M
Operating Income
$59.04M
Cash & Equivalents
$51.63M
Total Debt
$5.47M
Debt / Equity
0.05×
Net Margin
9.3%
Shares Outstanding
36.71M sh
Source: 20-F · filed 2026-04-01 · accession 0001213900-26-037921

Short Interest & Short Volume

8.37 days to cover

FINRA reported short interest of 4,294,000 shares in TOYO as of the September 15, 2026 settlement, a 8.1% increase from the prior period — about 8.4 days to cover at its recent average daily volume. On October 2, 2026, 52.2% of TOYO volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)4,294,000 shares as of September 15, 2026
Change vs prior period▲ 8.1%
Days to cover8.37 at avg daily volume of 513,207
Daily short volume (FINRA facilities)52.2% of 159,959 shares on October 2, 2026
5-day average short volume58.2%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for TOYO, detected from its recent SEC filings · based on capital-structure filings through 2026-06-25.

2 recent capital raisesATM program

$50 Million Capital Raise Finalized · Significant Dilution

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

TOYO files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$4.33 -0.04% today
52-week range · as of 2026-09-28 $4.12 – $17.43
Market cap
$186.68M
Volume
285.3K (0.5× avg)
3-mo avg 543.5K
Live data · 2026-10-05 03:00 UTC · Market closed

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feed TOYO - Latest Insights

TOYO
Sep 28, 2026, 4:15 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $4.33
Real-time Price: $4.33 info
Change: $0 (0%) info
Market Cap: $186.682M info
TOYO
Sep 28, 2026, 8:15 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $4.26
Real-time Price: $4.33 info
Change: +$0.070 (+2%) info
Market Cap: $186.682M info
TOYO
Aug 19, 2026, 4:16 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $4.35
Real-time Price: $4.33 info
Change: -$0.020 (-0.46%) info
Market Cap: $186.682M info
TOYO
Aug 19, 2026, 6:30 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $5.99
Real-time Price: $4.33 info
Change: -$1.66 (-28%) info
Market Cap: $186.682M info
TOYO
Aug 07, 2026, 8:00 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $5.35
Real-time Price: $4.33 info
Change: -$1.02 (-19%) info
Market Cap: $186.682M info
TOYO
Jul 21, 2026, 8:04 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $5.21
Real-time Price: $4.33 info
Change: -$0.880 (-17%) info
Market Cap: $186.682M info
TOYO
Jul 06, 2026, 5:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $6.84
Real-time Price: $4.33 info
Change: -$2.51 (-37%) info
Market Cap: $186.682M info
TOYO
Jun 26, 2026, 4:29 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $7.26
Real-time Price: $4.33 info
Change: -$2.93 (-40%) info
Market Cap: $186.682M info
TOYO
Jun 26, 2026, 8:00 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $7.27
Real-time Price: $4.33 info
Change: -$2.94 (-40%) info
Market Cap: $186.682M info
TOYO
Jun 25, 2026, 10:28 AM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $7.29
Real-time Price: $4.33 info
Change: -$2.96 (-41%) info
Market Cap: $186.682M info
TOYO
Jun 24, 2026, 8:00 AM EDT
Source: PR Newswire
Importance Score:
9
Price at Filing: $10.84
Real-time Price: $4.33 info
Change: -$6.51 (-60%) info
Market Cap: $186.682M info
TOYO
Jun 22, 2026, 6:06 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $12.51
Real-time Price: $4.33 info
Change: -$8.18 (-65%) info
Market Cap: $186.682M info
TOYO
Jun 18, 2026, 9:55 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $12.51
Real-time Price: $4.33 info
Change: -$8.18 (-65%) info
Market Cap: $186.682M info
TOYO
Jun 17, 2026, 12:33 PM EDT
Filing Type: F-3
Importance Score:
7
Price at Filing: $12.52
Real-time Price: $4.33 info
Change: -$8.19 (-65%) info
Market Cap: $186.682M info
TOYO
Jun 10, 2026, 8:30 AM EDT
Source: PR Newswire
Importance Score:
9
Price at Filing: $12.73
Real-time Price: $4.33 info
Change: -$8.40 (-66%) info
Market Cap: $186.682M info
TOYO
Jun 08, 2026, 8:30 AM EDT
Source: PR Newswire
Importance Score:
9
Price at Filing: $16.00
Real-time Price: $4.33 info
Change: -$11.67 (-73%) info
Market Cap: $186.682M info
TOYO
May 18, 2026, 5:30 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $14.80
Real-time Price: $4.33 info
Change: -$10.47 (-71%) info
Market Cap: $186.682M info
TOYO
May 18, 2026, 7:18 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $13.51
Real-time Price: $4.33 info
Change: -$9.18 (-68%) info
Market Cap: $186.682M info
TOYO
Apr 23, 2026, 8:00 AM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $13.52
Real-time Price: $4.33 info
Change: -$9.19 (-68%) info
Market Cap: $186.682M info
TOYO
Apr 06, 2026, 4:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $10.03
Real-time Price: $4.33 info
Change: -$5.70 (-57%) info
Market Cap: $186.682M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets