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Turbo Energy Reports Record Preliminary First Half 2026 Results with 180% Revenue Growth and Positive Operating Income

TURB
  • Turbo Energy reported preliminary first-half 2026 revenue of $17.2 million, a 180% year-over-year increase from $6.1 million in the same period of 2025.
  • EBITDA improved to $0.89 million compared to a loss of $1.37 million in the prior-year period.
  • Operating income reached $0.61 million, reversing an operating loss of $1.44 million from 2025.
  • Net income turned positive at $10,606, compared to a net loss of $1.65 million in the first half of 2025.
  • Commercial & Industrial projects accounted for 55% of total first-half revenue, highlighting the shift toward a higher-value business model.
  • The company delivered more than 130 MWh of battery storage systems for the Pamesa Net Zero project.
  • 50 MWh of residential battery storage systems were sold through the international distribution network.
  • 4.8 MWh of Commercial & Industrial battery storage was deployed across nine projects, including electric vehicle charging applications.
  • Turbo Energy expanded its presence in Latin America through the expansion of Turbo Energy Solutions in Chile.
  • New strategic technology partnerships were established to commercialize next-generation intelligent energy management solutions.
  • CEO Mariano Soria stated that strategic investments in technology, international expansion, and C&I solutions are driving sustainable, profitable growth.
  • The company expects continued commercial momentum in the second half of 2026, supported by an expanding international project pipeline.
  • Preliminary financial data is unaudited, with the Form 6-K including interim statements expected to be filed by the end of September 2026.