Business
TurnOnGreen, Inc. Reports 2025 Financial Results Following Form 10-K Filing
TurnOnGreen, Inc. Reports 2025 Financial Results Following Form 10-K Filing.
About this update from Turnongreen, Inc
[{"type":"text","content":"\r\n\r\n \r\n \r\n TurnOnGreen, Inc. Reports 2025 Financial Results Following Form 10-K Filing\r\n \r\n \r\n\r\n\r\nTurnOnGreen, Inc. Reports 2025 Financial Results Following Form 10-K Filing\r\n\r\n\r\n\r\n\r\n\r\n\r\nSAN JOSE, Calif., April 1, 2026 /PRNewswire/ -- TurnOnGreen, Inc. (OTC: TOGI) (\"TurnOnGreen\" or the \"Company\") today announced financial results for the year ended December 31, 2025, as reported in its Annual Report on Form 10-K.\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\nTurnOnGreen, through its wholly owned subsidiaries Digital Power Corporation (\"DPC\") and TOG Technologies Inc. (\"TOG\"), is an emerging provider of premium power electronics and electric vehicle (EV) charging solutions, serving markets including defense, aerospace, medical, industrial, telecommunications, and e-Mobility.\r\n 2025 Financial Highlights\r\n \r\n Revenue increased 47% to $7.2 million\r\n Gross profit increased 56% to $3.3 million\r\n Operating loss decreased 62% to $1.3 million\r\n Net loss decreased 47%\r\n \r\n All metrics are compared to fiscal 2024\r\n Revenue and Gross Profit\r\n Revenue totaled $7,228,000, representing an increase of $2,316,000 (47%) compared to fiscal 2024. Gross profit totaled $3,319,000, an increase of $1,197,000 (56%) compared to fiscal 2024. These increases were primarily attributable to a new defense customer, increased sales to existing defense and telecommunications customers, and expansion in EV supply equipment and services. Gross margins were partially impacted by higher component costs from China and related tariffs.\r\n Operating Results\r\n Operating loss decreased to $1,334,000, an improvement of $2,210,000 (62%) compared to fiscal 2024. The decrease was primarily driven by increased gross profit, reduced sales and marketing expenses, lower overhead allocation, and decreased inventory write-offs.\r\n Business Mix and Growth Strategy\r\n Approximately 83% of TurnOnGreen's revenue is derived from its power electronics solutions, including custom-designed and modified standard power systems, and approximately 17% is derived from EV charging infrastructure and subscription-based network management services. The Company continues to expand its footprint across defense, telecommunications, industrial, and e-mobility market segments.\r\n Management Commentary\r\n \"2025 marked a pivotal year for TurnO...