How many employees work at Toyo Solar?

TOYO Solar Co., Ltd. has approximately 2,369 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Toyo Solar’s total headcount has grown 458.7% from 424 employees in 2023 to 2,369 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About Toyo Solar’s Workforce

TOYO Solar Co., Ltd. is an Electronics Manufacturing company that employs 2,369 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 2022, the company is headquartered in Vietnam.

Toyo Solar's workforce has grown 458.7% from 2023 to 2026, up 25.4% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (88.8%), followed by Southeast Asia (5.8%) and North America (3.5%).

Toyo Solar's functional groups are Finance and Operations (55.9%), Sales and Marketing (23.6%), and Engineering (20.6%), with Engineering growing fastest (up 8.0%). The average salary is $7,753, ranging from a median of $45,000 in North America to $3,000 in Sub-Saharan Africa, up 19.3% year over year in 2026.

Sourced from Revelio Labs workforce data.

Headquarters
Vietnam
Founded
2022
Industry
Electronics Manufacturing
Employees
2,369
YoY
+25.4% (+577)

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Toyo Solar Annual Employee Count (2023-2026)

Interactive chart of Toyo Solar annual worldwide employee count from 2023 to 2026.
  • Toyo Solar had 2,369 employees in 2026, a 25.4% increase (+577) from 2025.
  • Toyo Solar had 2,378 employees in 2025, a 80.4% increase (+1,564) from 2024.
  • Toyo Solar had 814 employees in 2024, a 41.1% increase (+373) from 2023.
  • Toyo Solar had 441 employees in 2023, a 11.2% increase (+63) from 2022.

Toyo Solar's total workforce has grown from 424 employees in 2023 to 2,369 in 2026.

TOYO Solar Co., Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q12,369+577+25.4%
2025Q42,378+1,564+80.4%
2025Q32,341+1,784+93.5%
2025Q22,084+1,574+91.4%
2025Q11,792+1,284+82.2%
2024Q4814+373+41.1%
2024Q3557+118+8.5%
2024Q2510+86+3.6%
2024Q1508+84+3.6%
2023Q4441+63+11.2%
2023Q3439+66+11.3%
2023Q2424+51+11.5%

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Toyo Solar Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Toyo Solar's global workforce with approximately 89% of total employees, followed by Southeast Asia and North America.

Toyo Solar employees by region

RegionEmployees% of Total
Sub-Saharan Africa2,09988.8%
Southeast Asia1385.8%
North America843.5%
East Asia321.4%
Arab States110.5%

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Toyo Solar Employee Count by Department (2026)

Toyo Solar's employee groups are Finance and Operations (55.9%), Sales and Marketing (23.6%), and Engineering (20.6%).

Toyo Solar employees by department

DepartmentEmployees% of Total
Finance and Operations1,32355.9%
Sales and Marketing55823.6%
Engineering48820.6%

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Toyo Solar Employee Salary by Region (2026)

Toyo Solar's average employee salary is $7,753 globally. Employees in North America receive the highest compensation, with median pay approximately 5.8x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $3,000.

Toyo Solar median employee salary by region (USD)

RegionMedian Salary
North America$45,000
Southeast Asia$10,000
Sub-Saharan Africa$3,000

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Frequently Asked Questions About Toyo Solar

How fast is Toyo Solar growing?
In 2026, Toyo Solar's headcount grew 25.4% to 2,369 employees, up from 1,792 in 2025.
See the full headcount history
Where are Toyo Solar employees located?
Most Toyo Solar employees are based in Sub-Saharan Africa (88.8% of headcount), followed by Southeast Asia and North America.
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What is the average salary at Toyo Solar?
The average employee salary at Toyo Solar is approximately $7.8k per year.
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When was Toyo Solar founded and where is it headquartered?
Toyo Solar was founded in 2022 and is headquartered in Vietnam.
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