SAN JOSE, Calif., April 1, 2026 — 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.
TurnOnGreen, 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.
2025 Financial Highlights
- Revenue increased 47% to $7.2 million
- Gross profit increased 56% to $3.3 million
- Operating loss decreased 62% to $1.3 million
- Net loss decreased 47%
All metrics are compared to fiscal 2024
Revenue and Gross Profit
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.
Operating Results
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.
Business Mix and Growth Strategy
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.
Management Commentary
“2025 marked a pivotal year for TurnOnGreen, highlighted by strong revenue growth, improved operational discipline, and expanding opportunities in both power electronics segment and EV infrastructure markets,” said Amos Kohn, Chief Executive Officer and Chairman of TurnOnGreen, Inc.
“We remain focused on delivering high-performance power solutions tailored to demanding applications, primarily driven by our defense, telecommunications, and industrial customers, while scaling our recurring revenue streams through EV charging infrastructure and services,” Mr. Kohn added.
“Our commitment to delivering meaningful value for our shareholders and clients remains a core driver of our sustained growth, strategic alignment, and operational performance,” added Marcus Charuvastra, President of TurnOnGreen, Inc.
Management expects continued growth driven by defense programs and expanding EV infrastructure opportunities.
About TurnOnGreen
TurnOnGreen Inc. (OTC: IMHC) designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility. TurnOnGreen brings decades of experience to every project, working with our clients to develop leading-edge products to meet a wide range of needs. TurnOnGreen headquarters are located at San Jose, CA.
TurnOnGreen Investor Contact:
IR@TurnOnGreen.com or (877) 634-0982
