Turbo Energy posts 180% revenue growth in first half of 2026

Turbo Energy, S.A. (Nasdaq: TURB) reported preliminary, unaudited revenue of $17.2 million for the first half of 2026, up 180% from $6.1 million in the same period of 2025, according to a press release from the Valencia, Spain-based company.

The company reported operating income of $0.61 million for the period, compared with an operating loss of $1.44 million in the first half of 2025. Net income reached $10,606, compared with a net loss of $1.65 million in the prior-year period. EBITDA, a non-IFRS measure, improved to $0.89 million from negative $1.37 million a year earlier.

Commercial and Industrial projects represented 55% of total first-half revenue. Operational highlights included the delivery of more than 130 MWh of battery storage systems in connection with the Pamesa Net Zero project, the sale of 50 MWh of residential battery storage through its international distribution network, and the deployment of 4.8 MWh across nine Commercial and Industrial projects.

The company also expanded its Turbo Energy Solutions operations in Chile during the period.

"These results demonstrate that the strategic investments we have made over the past two years in technology, international expansion and Commercial and Industrial solutions are now translating into sustainable, profitable growth," said Mariano Soria, Chief Executive Officer of Turbo Energy.

The preliminary financial data is subject to completion of the company's financial review procedures and may be adjusted before filing. Turbo Energy expects to file its Form 6-K, including unaudited interim financial statements for the six months ended June 30, 2026, by the end of September 2026.

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