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Side-by-side financial comparison of EXPONENT INC (EXPO) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

EXPONENT INC is the larger business by last-quarter revenue ($166.3M vs $139.1M, roughly 1.2× TOYO Co., Ltd). EXPONENT INC runs the higher net margin — 17.8% vs 2.5%, a 15.3% gap on every dollar of revenue. On growth, EXPONENT INC posted the faster year-over-year revenue change (14.3% vs 0.7%).

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

EXPO vs TOYO — Head-to-Head

Bigger by revenue
EXPO
EXPO
1.2× larger
EXPO
$166.3M
$139.1M
TOYO
Growing faster (revenue YoY)
EXPO
EXPO
+13.5% gap
EXPO
14.3%
0.7%
TOYO
Higher net margin
EXPO
EXPO
15.3% more per $
EXPO
17.8%
2.5%
TOYO

Income Statement — Q1 FY2027 vs Q2 FY2025

Metric
EXPO
EXPO
TOYO
TOYO
Revenue
$166.3M
$139.1M
Net Profit
$29.6M
$3.5M
Gross Margin
16.6%
Operating Margin
24.9%
7.0%
Net Margin
17.8%
2.5%
Revenue YoY
14.3%
0.7%
Net Profit YoY
11.0%
-82.3%
EPS (diluted)
$0.59
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPO
EXPO
TOYO
TOYO
Q1 26
$166.3M
Q4 25
$147.1M
Q3 25
$142.0M
Q2 25
$145.5M
$139.1M
Q1 25
$136.8M
Q3 24
$136.3M
Q2 24
$140.5M
$138.1M
Net Profit
EXPO
EXPO
TOYO
TOYO
Q1 26
$29.6M
Q4 25
$28.0M
Q3 25
$26.6M
Q2 25
$26.6M
$3.5M
Q1 25
$23.6M
Q3 24
$26.0M
Q2 24
$29.2M
$19.6M
Gross Margin
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
16.6%
Q1 25
Q3 24
Q2 24
19.3%
Operating Margin
EXPO
EXPO
TOYO
TOYO
Q1 26
24.9%
Q4 25
19.7%
Q3 25
12.1%
Q2 25
30.5%
7.0%
Q1 25
19.9%
Q3 24
19.0%
Q2 24
25.4%
16.3%
Net Margin
EXPO
EXPO
TOYO
TOYO
Q1 26
17.8%
Q4 25
19.1%
Q3 25
18.7%
Q2 25
18.3%
2.5%
Q1 25
17.2%
Q3 24
19.1%
Q2 24
20.8%
14.2%
EPS (diluted)
EXPO
EXPO
TOYO
TOYO
Q1 26
$0.59
Q4 25
$0.55
Q3 25
$0.52
Q2 25
$0.52
$0.10
Q1 25
$0.45
Q3 24
$0.50
Q2 24
$0.57
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPO
EXPO
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$118.6M
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$338.3M
$67.0M
Total Assets
$687.4M
$353.6M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPO
EXPO
TOYO
TOYO
Q1 26
$118.6M
Q4 25
$207.4M
Q3 25
$231.8M
Q2 25
$245.1M
Q1 25
$258.9M
Q3 24
$219.7M
Q2 24
$203.3M
Total Debt
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
$13.7M
Q1 25
Q3 24
Q2 24
$22.4M
Stockholders' Equity
EXPO
EXPO
TOYO
TOYO
Q1 26
$338.3M
Q4 25
$402.9M
Q3 25
$427.8M
Q2 25
$441.4M
$67.0M
Q1 25
$421.1M
Q3 24
$410.3M
Q2 24
$393.2M
$73.4M
Total Assets
EXPO
EXPO
TOYO
TOYO
Q1 26
$687.4M
Q4 25
$761.4M
Q3 25
$759.4M
Q2 25
$763.2M
$353.6M
Q1 25
$777.3M
Q3 24
$744.1M
Q2 24
$709.2M
$241.4M
Debt / Equity
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
0.20×
Q1 25
Q3 24
Q2 24
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPO
EXPO
TOYO
TOYO
Operating Cash FlowLast quarter
$40.0M
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-5.1%
Capex IntensityCapex / Revenue
33.9%
Cash ConversionOCF / Net Profit
11.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
$32.7M
Q3 25
$36.2M
Q2 25
$7.3M
$40.0M
Q1 25
$56.1M
Q3 24
$29.7M
Q2 24
$48.3M
$21.8M
Free Cash Flow
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
$30.0M
Q3 25
$33.9M
Q2 25
$5.5M
$-7.1M
Q1 25
$53.5M
Q3 24
$28.0M
Q2 24
$47.2M
$5.2M
FCF Margin
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
20.4%
Q3 25
23.9%
Q2 25
3.8%
-5.1%
Q1 25
39.1%
Q3 24
20.5%
Q2 24
33.6%
3.8%
Capex Intensity
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
1.8%
Q3 25
1.6%
Q2 25
1.2%
33.9%
Q1 25
1.9%
Q3 24
1.3%
Q2 24
0.8%
12.0%
Cash Conversion
EXPO
EXPO
TOYO
TOYO
Q1 26
Q4 25
1.16×
Q3 25
1.36×
Q2 25
0.27×
11.55×
Q1 25
2.38×
Q3 24
1.14×
Q2 24
1.65×
1.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPO
EXPO

Revenues before reimbursements$151.8M91%
Reimbursements$14.5M9%

TOYO
TOYO

Segment breakdown not available.

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