How many employees work at Toyo Solar?
TOYO Solar Co., Ltd. has approximately 2,406 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Toyo Solar’s total headcount has grown 170.3% from 890 employees in 2023 to 2,406 in 2026.
About Toyo Solar’s Workforce
TOYO Solar Co., Ltd. is an Electronics Manufacturing company that employs 2,406 people worldwide as of March 2026. 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 170.3% from 2023 to 2026, up 18.3% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (90.3%), followed by Southeast Asia (5.1%) and North America (3.1%).
Toyo Solar's functional groups are Finance and Operations (54.3%), Engineering (26.9%), and Sales and Marketing (18.7%), with Engineering growing fastest (up 8.7%). The average salary is $7,374, ranging from a median of $39,000 in North America to $3,000 in Sub-Saharan Africa, up 19.7% year over year in 2026.
Sourced from Revelio Labs workforce data.
- Headquarters
- Vietnam
- Founded
- 2022
- Industry
- Electronics Manufacturing
- Employees
- 2,406
- YoY
- +18.3% (+443)
As of March 2026
Toyo Solar workforce metrics
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.
Unlock MetricsToyo Solar Annual Employee Count (2023-2026)
- Toyo Solar had 2,406 employees in 2026, a 18.3% increase (+443) from 2025.
- Toyo Solar had 2,412 employees in 2025, a 56.2% increase (+1,228) from 2024.
- Toyo Solar had 1,184 employees in 2024, a 19.4% increase (+279) from 2023.
- Toyo Solar had 905 employees in 2023, a 4.3% increase (+52) from 2022.
Toyo Solar's total workforce has grown from 890 employees in 2023 to 2,406 in 2026.
TOYO Solar Co., Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 2,406 | +443 | +18.3% |
| 2025 | Q4 | 2,412 | +1,228 | +56.2% |
| 2025 | Q3 | 2,387 | +1,385 | +62.9% |
| 2025 | Q2 | 2,178 | +1,215 | +59.1% |
| 2025 | Q1 | 1,963 | +1,002 | +51.8% |
| 2024 | Q4 | 1,184 | +279 | +19.4% |
| 2024 | Q3 | 1,002 | +99 | +3.7% |
| 2024 | Q2 | 963 | +73 | +1.5% |
| 2024 | Q1 | 961 | +71 | +1.5% |
| 2023 | Q4 | 905 | +52 | +4.3% |
| 2023 | Q3 | 903 | +54 | +4.3% |
| 2023 | Q2 | 890 | +41 | +4.3% |
See Toyo Solar's complete headcount history, including quarterly breakdowns.
Get the DataToyo Solar Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of Toyo Solar's global workforce with approximately 90% of total employees, followed by Southeast Asia and North America.
Toyo Solar employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 2,173 | 90.3% |
| Southeast Asia | 122 | 5.1% |
| North America | 76 | 3.1% |
| East Asia | 27 | 1.1% |
| Arab States | 9 | 0.4% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataToyo Solar Employee Count by Department (2026)
Toyo Solar's employee groups are Finance and Operations (54.3%), Engineering (26.9%), and Sales and Marketing (18.7%).
Toyo Solar employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 1,307 | 54.3% |
| Engineering | 648 | 26.9% |
| Sales and Marketing | 451 | 18.7% |
Compare Toyo Solar's department mix to industry peers.
See Full DataToyo Solar Employee Salary by Region (2026)
Toyo Solar's average employee salary is $7,374 globally. Employees in North America receive the highest compensation, with median pay approximately 5.3x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $3,000.
Toyo Solar median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $39,000 |
| Southeast Asia | $11,000 |
| Sub-Saharan Africa | $3,000 |
Unlock salary by role, level, and city — and compare to Toyo Solar's industry peers.
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Frequently Asked Questions About Toyo Solar
- How fast is Toyo Solar growing?
- In 2026, Toyo Solar's headcount grew 18.3% to 2,406 employees, up from 1,963 in 2025.
- See the full headcount history
- Where are Toyo Solar employees located?
- Most Toyo Solar employees are based in Sub-Saharan Africa (90.3% of headcount), followed by Southeast Asia and North America.
- Explore where the workforce is based
- What is the average salary at Toyo Solar?
- The average employee salary at Toyo Solar is approximately $7.4k per year.
- Analyze the salary distribution
- When was Toyo Solar founded and where is it headquartered?
- Toyo Solar was founded in 2022 and is headquartered in Vietnam.
- Compare Toyo Solar to industry peers
Speak with a workforce expert about Toyo Solar.
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