Turbo Energy Finalizes H1 2026 Results: Revenue Up 173%, Swings to Profit, Discloses New Litigation and ATM Dilution
TURB sits 81% above its 52-week low of $0.57 on light trading volume (0.1× avg).
Summary
Turbo Energy confirmed record H1 2026 revenue of €15.0M and a swing to profitability, while disclosing new securities litigation and continued ATM share dilution.
Key Events · Earnings and Guidance · TURB
-
Record H1 2026 Revenue
Total revenue increased 172.7% to €15,033,238 (approximately $17.2M) from €5,512,458 in H1 2025, driven by the 366 MWh industrial energy-storage project and related-party sales of €7.19M.
-
Swing to Profitability
Operating income reached €510,542 versus a €1,164,274 loss a year ago; net income was €65,647 versus a €1,397,715 loss. Gross margin declined to 16.5% from 24.0% due to a higher mix of related-party sales.
-
New Securities Litigation
Turbo Energy was named as a defendant in a NY Supreme Court action alongside 125+ defendants alleging Securities Act violations related to its September 2023 IPO. The company expects dismissal of current claims, with exposure limited to legal costs estimated under $50,000.
-
Continued ATM Dilution
Subsequent to June 30, 2026, the company issued 3.65M ordinary shares (0.73M ADSs) under its ATM program for $1.18M gross proceeds, bringing total 2026 issuances to approximately 11.4M shares for $6.2M.
Analysis · TURB · Manufacturing
Turbo Energy's final H1 2026 results confirm the preliminary figures disclosed in July: revenue of €15.0M (up 172.7%), operating income of €510,542, and net income of €65,647 versus a €1.4M loss a year ago. The filing adds material new information beyond the preliminary release — most notably the disclosure of a new securities class action naming the company as a defendant alongside 125+ other issuers and underwriters, and the continued ATM dilution of 3.65M additional shares sold between July and September for $1.18M. The company also discloses a €830,000 bank guarantee exposure through a related party. For a micro-cap trading near $1, the combination of confirmed profitability, ongoing dilution, and new litigation risk makes this a meaningful update.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TURB was trading at $1.03 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $11.5M. The 52-week trading range was $0.57 to $6.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.