Investment
Features
FeesSafety
Academy
More
Pluang+

TOYO reports record $427.4M revenue in 2025, solar cell shipments exceed targets, outlook strong for 2026 growth.

Company Fundamentals
31 Mar 2026
PRNewsWire
View Source
Bullish
pluang ai news

TOYO Co., Ltd reported a record $427.4 million revenue for fiscal year 2025, a 142% increase from 2024, driven by full capacity utilization of its new 4 GW solar cell facility in Ethiopia. Solar cell shipments reached 4.5 GW, surpassing targets, while EBITDA rose to $95.8 million due to operational efficiencies and higher-margin supply chains. The company expects further growth in 2026 with solar cell shipments projected at 5.5-5.8 GW and adjusted net income forecasted at $90-100 million, supported by plans to expand U.S. manufacturing and supply chain integration.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
3 hours ago
Brazil Potash faces procedural court filing but maintains strong legal position on Autazes project.

Brazil Potash faces procedural court filing but maintains strong legal position on Autazes project.

Brazil Potash Corp. disclosed a procedural filing by the Brazilian Federal Public Defender’s Office seeking to suspend activities at its Autazes potash project. The filing challenges prior favorable court decisions but does not introduce new facts or...

Market News
Neutral
4 hours ago
DT Midstream to report Q2 2026 earnings on July 30 with a conference call scheduled.

DT Midstream to report Q2 2026 earnings on July 30 with a conference call scheduled.

DT Midstream, Inc. will announce its financial results for the second quarter of 2026 before the market opens on July 30, 2026. The company has scheduled a conference call at 9:00 a.m. ET on the same day to discuss the results. Investors and the publ...

Company Fundamentals
Neutral
4 hours ago
UK GDP growth surprises positively; major takeovers in UK industrials; British Steel nationalised

UK GDP growth surprises positively; major takeovers in UK industrials; British Steel nationalised

UK GDP grew 0.8% over three months, beating expectations and showing resilience despite geopolitical risks. The FTSE 100 opened lower amid mixed company results, with major takeovers announced for Rotork (£4.1bn by ABB), Gooch & Housego (£345.6m by A...

Market News
Neutral
4 hours ago
Bitcoin dips to $64K after hitting 3-week high; Ethereum falls below $1,900 amid $40B crypto market drop

Bitcoin dips to $64K after hitting 3-week high; Ethereum falls below $1,900 amid $40B crypto market drop

Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App