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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2025, 2024 and 2023:

 

   For the Years Ended December 31, 
   2025   2024   2023 
Net income attributable to TOYO Co., Ltd.’s shareholders  $39,659,898   $40,614,170   $9,889,155 
Less: Net income attributable to holders of earnout shares   5,427,851    7,086,765    
 
Net income attributable to TOYO Co., Ltd.’s ordinary shareholders  $34,232,047    33,527,405   $9,889,155 
                
Weighted average number of ordinary share outstanding – basic and diluted   30,099,569    30,751,424    41,000,000 
Earnings per share – basic and diluted  $1.14   $1.09   $0.24 
                
Weighted average number of ordinary share outstanding – diluted   30,333,876    30,751,424    41,000,000 
Earnings per share – diluted  $1.13   $1.09   $0.24 
Schedule of Anti-Dilutive Shares Excluded from Calculation of Dilutive Earnings Per Share The weighted-average number of potentially anti-dilutive shares excluded from calculation of dilutive earnings per share are as follows:
   For the Year Ended December 31, 
   2025   2024 
Public Warrants   4,600,000    4,600,000 
Private Warrants   212,240    212,240 
Other Warrants   157,767    157,767 
AMI Warrants   42,192    
 
Total   5,012,199    4,970,007