Turbo Energy (Nasdaq: TURB) posts 180% H1 2026 revenue growth and positive earnings
Rhea-AI Filing Summary
Turbo Energy, S.A. reported preliminary, unaudited results for the first half of 2026, with revenue of $17.2 million, a 180% year-over-year increase. The company reports positive EBITDA of 890,401, along with positive operating income and positive net income of 10,606 for the six months ended June 30, 2026.
Commercial & Industrial projects contributed 55% of first-half revenue, reflecting a shift toward higher-value, integrated energy solutions that combine advanced battery storage, proprietary software and turnkey project execution. Turbo Energy highlights international expansion, including Turbo Energy Solutions in Chile and new technology partnerships, and anticipates continued commercial momentum in the second half of 2026.
The results support the company’s strategic transformation toward AI-driven Intelligent Energy Storage and integrated energy management solutions. EBITDA is presented as a non-IFRS financial measure, and all figures are preliminary and subject to completion of financial review procedures before the planned filing of unaudited interim financial statements by the end of September 2026.
Positive
- Revenue grew 180% year-over-year to $17.2 million in the first half of 2026, marking record preliminary revenue and indicating very strong top-line expansion versus the prior-year period.
- Profitability metrics turned positive, with EBITDA of 890,401, positive operating income and net income of 10,606 for the first half of 2026, compared with a prior-year net loss.
- Commercial & Industrial projects reached 55% of revenue, showing tangible progress in Turbo Energy’s shift toward a higher-value, integrated energy solutions business model aligned with its strategic focus.
Negative
- None.
Filing Explained
Turbo Energy’s July 27 Form 6-K reports preliminary first-half results and is incorporated by reference into the prospectus of its effective Form F-3 registration statement, adding this disclosure to that registration document.
Key Figures
Key Terms
EBITDA financial
Non-IFRS financial measure financial
Commercial & Industrial financial
AI-driven Intelligent Energy Storage technical
forward-looking statements regulatory
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FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2026
Commission File Number: 001-41813
TURBO ENERGY, S.A.
(Name of Registrant)
Plaza de América 2, 4AB
Valencia, Spain 46004
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Preliminary First Half 2026 Results
On July 27, 2026, Turbo Energy, S.A. (the “Company”) issued a press release announcing its preliminary, unaudited financial results for the six months ended June 30, 2026.
As disclosed in the press release, the Company reported preliminary first-half 2026 revenue of $17.2 million, representing 180% year-over-year growth, together with positive EBITDA, positive operating income and positive net income. The press release also highlights the continued expansion of the Company’s Commercial & Industrial business, the execution of strategic energy storage projects, including the ongoing deployment of the Pamesa Net Zero project, the expansion of Turbo Energy Solutions in Chile and the Company’s continued international growth.
The press release further discusses the Company’s strategic transformation toward a higher-value business model focused on AI-driven Intelligent Energy Storage and integrated energy management solutions.
The preliminary financial information contained in the press release is subject to the completion of the Company’s financial review procedures and may be adjusted prior to the filing of the Company’s Form 6-K, including its unaudited interim financial statements for the six months ended June 30, 2026.
A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.
This Report on Form 6-K is incorporated by reference into the prospectus contained in the Company’s Registration Statement on Form F-3 (SEC File No. 333-291470), declared effective by the Securities and Exchange Commission on December 16, 2025.
Index
| EXHIBIT NO. | DESCRIPTION | |
| 99.1 | Press Release titled “Turbo Energy Reports Record Preliminary First Half 2026 Results with 180% Revenue Growth and Positive Operating Income,” dated July 27, 2026 |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TURBO ENERGY, S.A. | ||
| Date: July 27, 2026 | By: | /s/ Mariano Soria |
| Mariano Soria | ||
| Chief Executive Officer | ||
2
Exhibit 99.1
TURBO ENERGY REPORTS RECORD PRELIMINARY FIRST HALF 2026 RESULTS WITH 180% REVENUE GROWTH AND POSITIVE OPERATING INCOME
Revenue increased 180% year-over-year to a record $17.2 million, reflecting the successful execution of Turbo Energy’s AI-driven Intelligent Energy Storage strategy and its evolution toward a higher-value business model
VALENCIA, Spain — (GLOBE NEWSWIRE) – July 27, 2026 — Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global technology integrator specializing in AI-driven Intelligent Energy Storage and intelligent energy management solutions, today announced preliminary, unaudited first-half 2026 revenue of $17.2 million, representing record year-over-year growth of 180% and reflecting the continued execution of the Company’s strategic transformation toward a higher-value, Commercial & Industrial-focused business model.
The results represent an important milestone in Turbo Energy’s strategic transformation, demonstrating how the investments made over the past two years in technology integration, international expansion and higher-value Commercial & Industrial (“C&I”) solutions are translating into profitable and scalable growth.
First Half 2026 Financial Highlights
| ● | Preliminary revenue increased 180% year-over-year to $17.2 million, compared with $6.1 million in the first half of 2025. |
| ● | EBITDA (see Non-IFRS Financial Measures below) improved to $0.89 million, compared with ($1.37) million in the prior-year period. |
| ● | Operating income reached $0.61 million, compared with an operating loss of ($1.44) million in the first half of 2025. |
| ● | Net income turned positive at $10,606, compared with a net loss of $1.65 million in the first half of 2025. |
Operational Highlights
| ● | More than 130 MWh of battery storage systems delivered in support of the continued execution of the landmark Pamesa Net Zero project. |
| ● | 50 MWh of residential battery storage systems sold through the Company’s international distribution network. |
| ● | 4.8 MWh of Commercial & Industrial battery storage deployed across nine projects, supporting industrial facilities and electric vehicle charging applications. |
| ● | Expansion of Turbo Energy Solutions in Chile, strengthening the Company’s presence in Latin America. |
| ● | New strategic technology partnerships expanded the commercialization of next-generation intelligent energy management solutions. |
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Commercial & Industrial projects represented 55% of total first-half revenue, confirming Turbo Energy’s successful evolution toward a more diversified, higher-value business model centered on integrated energy solutions. By combining advanced battery storage, proprietary software and turnkey project execution, Turbo Energy helps customers optimize energy costs, improve operational resilience and accelerate industrial electrification.
Turbo Energy’s strong performance during the period was driven by the execution of large-scale C&I projects, continued international expansion and growing demand for integrated energy solutions across industrial markets. During the first half of 2026, the Company further strengthened its international footprint through the expansion of Turbo Energy Solutions in Chile and strategic technology partnerships that broadened the commercialization of its intelligent energy management and storage solutions across new markets.
“These results represent much more than a strong financial performance,” said Mariano Soria, Chief Executive Officer of Turbo Energy. “They demonstrate that the strategic investments we have made over the past two years in technology, international expansion and Commercial & Industrial solutions are now translating into sustainable, profitable growth. We believe we are entering a new stage in Turbo Energy’s evolution, built on a stronger business model, increasing operating leverage and a solid platform for long-term value creation.”
“Commercial & Industrial solutions have become the primary engine of our growth, while our residential business continues to expand through our international distribution network. Supported by growing demand for intelligent energy management and integrated storage solutions, together with our expanding international presence, we believe we are well positioned to continue scaling our operations, strengthening profitability and creating sustainable value for our shareholders.”
Looking ahead, Turbo Energy expects continued commercial momentum throughout the second half of 2026, supported by its expanding international project pipeline, the continued execution of strategic C&I projects and growing demand for intelligent energy infrastructure. The Company remains focused on strengthening profitability, expanding recurring revenue opportunities and continuing to build a leadership position in AI-driven Intelligent Energy Storage.
The preliminary financial information presented in this press release is subject to the completion of the Company’s financial review procedures and may be adjusted prior to the filing of the Company’s Form 6-K. The Company currently expects to file its Form 6-K, including its unaudited interim financial statements for the six months ended June 30, 2026, by the end of September 2026.
Non-IFRS Financial Measure
To supplement the Company’s unaudited interim financial information, management uses EBITDA as a supplemental non-IFRS financial measure to evaluate operating performance. EBITDA is defined as net income (loss) before finance costs, income tax expense (benefit), depreciation of property, plant and equipment, and amortization of intangible assets.
Management believes EBITDA provides useful supplemental information because it facilitates period-to-period comparisons of operating performance by excluding certain items that may not be indicative of ongoing operations. Management also uses EBITDA to evaluate operating results and support strategic and operational decision-making.
Because EBITDA is a non-IFRS financial measure, it should not be considered in isolation or as a substitute for net income (loss), cash flows from operating activities or any other financial measure prepared in accordance with IFRS.
The following table reconciles net income (loss), the most directly comparable IFRS financial measure, to EBITDA:
| H1 2026 | H1 2025 | |||||||
| EBITDA | 890,401 | (1,370,517 | ) | |||||
| + Interest Expense (net) | (597,875 | ) | (272,242 | ) | ||||
| + Depreciation & Amortization | (281,920 | ) | (3,724 | ) | ||||
| Net Income / (Loss) (IFRS) | 10,606 | (1,646,484 | ) | |||||
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About Turbo Energy, S.A.
Founded in 2013, Turbo Energy, S.A. (Nasdaq: TURB) is a global technology integrator specializing in AI-driven Intelligent Energy Storage and intelligent energy management solutions. The Company integrates advanced battery storage, proprietary software and energy management systems into intelligent energy solutions that help residential, commercial and industrial customers optimize energy consumption, reduce costs, improve resilience and maximize the value of their energy assets.
As part of Umbrella Global Energy, Turbo Energy plays a strategic role in driving innovation in intelligent energy storage, electrification and software-defined energy management across Europe, North America and Latin America. For more information, please visit www.turbo-e.com.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual reports under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
For more information, please contact:
Turbo Energy | Investor
Relations
Email: investors@turbo-e.com
Website: investors.turbo-e.com
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