How many employees work at Toyo Solar?
TOYO Solar Co. Ltd. has approximately 1,445 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Toyo Solar's total headcount has grown 275.1% from 385 employees in 2023 to 1,445 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
About Toyo Solar's Workforce
TOYO Solar Co. Ltd. is an Electronics Manufacturing company that employs 1,445 people worldwide as of December 2025. It is the 5th-largest by headcount among its peers. Founded in 2022, the company is headquartered in Vietnam.
Toyo Solar's workforce has grown 275.1% from 2023 to 2025, and it rose 88.2% year over year in 2025. Its staffing is concentrated most in Ethiopia (92.4%), followed by Vietnam (4.2%) and the United States (1.9%), with the United States—the fastest-growing location—up 34.8%.
Toyo Solar's largest functional groups are Finance and Operations (56.9%), Sales and Marketing (22.0%), and Engineering (21.0%), with Sales and Marketing growing fastest (up 31.1%). Median tenure is 0.9 years. The average salary across all employees worldwide is $6,648, with regional medians of $44,000 in Northern America and $3,000 in Sub-Saharan Africa.
Toyo Solar is ranked 5th by headcount among its peers, out of a total of 9. Its fastest-growing country by headcount is the United States, while the top-share country remains Ethiopia at 92.4%. The geographic footprint shows the United States as the fastest-growing locale, rising 34.8% year over year, alongside Vietnam’s slight decline and other regional movements.
Sourced from Revelio Labs workforce data.
As of December 2025
Toyo Solar
workforce metrics
Headcount
1.4k
88.2% YoY
Avg. Salary
$6.6k
27.5% YoY
Tenure
0.9yr
0.1yr YoY
Growth Rate
88.2%
53.9pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Toyo Solar. Compare to peers, export the dataset, and access the full quarterly history.
- Toyo Solar had 1,445 employees in 2025, a 88.2% increase (+884) from 2024.
- Toyo Solar had 561 employees in 2024, a 34.3% increase (+164) from 2023.
- Toyo Solar had 397 employees in 2023, a 10.9% increase (+41) from 2022.
Toyo Solar's total workforce has grown from 385 employees in 2023 to 1,445 in 2025.
TOYO Solar Co. Ltd. — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 1,445 | +884 | +88.2% |
| 2025 | Q3 | 1,472 | +1,018 | +105.7% |
| 2025 | Q2 | 1,314 | +889 | +102.2% |
| 2025 | Q1 | 1,166 | +742 | +93.4% |
| 2024 | Q4 | 561 | +164 | +34.3% |
| 2024 | Q3 | 454 | +59 | +13.9% |
| 2024 | Q2 | 425 | +40 | +9.9% |
| 2024 | Q1 | 424 | +39 | +9.6% |
| 2023 | Q4 | 397 | +41 | +10.9% |
| 2023 | Q3 | 395 | +42 | +11.4% |
| 2023 | Q2 | 385 | +32 | +8.8% |
| 2023 | Q1 | 385 | +32 | +8.8% |
Want to see Toyo Solar's complete headcount history back to 2017, including quarterly breakdowns?
Ethiopia accounts for the largest share of Toyo Solar's global workforce with approximately 92% of total employees, followed by Vietnam and the United States. Toyo Solar's headcount in the United States is growing fastest among its major locations, up 34.8% year over year in 2025.
Toyo Solar employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Ethiopia | 1,335 | 92.4% | +9.7% |
| Vietnam | 60 | 4.2% | -0.1% |
| United States | 27 | 1.9% | +34.8% |
| Japan | 15 | 1.0% | +0.0% |
| United Arab Emirates | 7 | 0.5% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Toyo Solar's largest employee groups are Finance and Operations (56.9%), Sales and Marketing (22.0%), and Engineering (21.0%).
Toyo Solar employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 822 | 56.9% | -2.3% |
| Sales and Marketing | 318 | 22.0% | +31.1% |
| Engineering | 304 | 21.0% | +23.4% |
Compare Toyo Solar's department mix to industry peers.
Toyo Solar's average employee salary is $6,648 globally. Employees in Northern America receive the highest compensation, with median pay approximately 6.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $3,000.
Toyo Solar median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $44,000 |
| South-Eastern Asia | $10,000 |
| Sub-Saharan Africa | $3,000 |
Unlock salary by role, level, and city — and compare to Toyo Solar's industry peers.
Similar Electronics Manufacturing Companies by Employee Count
- How fast is Toyo Solar growing?
- In 2025, Toyo Solar's headcount grew 88.2% to 1,445 employees, up from 561 in 2024.
- Where are Toyo Solar employees located?
- Most Toyo Solar employees are based in Ethiopia (92.4% of headcount), followed by Vietnam and the United States.
- What is the average salary at Toyo Solar?
- The average employee salary at Toyo Solar is approximately $6.6k per year.
- 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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