YEO Technology, a global player in renewable energy and energy technologies, announced its first quarter 2026 financial results. According to these results, YEO Technology’s revenue increased by 86% to 4.16 billion TL in the first three months of the year, while its earnings before interest, depreciation, and taxes (EBITDA) increased by 198% to 1.6 billion TL. The share of international sales in YEO Technology’s total turnover also rose to 86%.
YEO Technology, one of Turkey’s global energy players, started 2026 with a strong financial performance. According to the first quarter 2026 financial results announced on the Public Disclosure Platform (KAP), YEO Technology’s revenue increased by 86% compared to the same period last year, reaching 4 billion 162 million TL. YEO Technology’s gross profit increased by 150% in the same period, reaching 1 billion 844 million TL. YEO Technology, which also recorded strong growth in operational profitability, saw its operating profit rise from 471 million TL in the first quarter of 2025 to 1.306 billion TL in the same period of 2026. Thus, the company increased its operating profit by 177 percent year-on-year.
The value of new contracts signed by YEO Technology in the first three months of 2026 reached 148 million USD. The company’s ongoing project size reached 790 million USD, while the backlog rose to 412 million USD.
Renewable energy power plant investments constitute more than 80 percent of the ongoing projects, while the remaining portfolio consists of energy grid and industrial automation projects. This project distribution demonstrates YEO Technology’s strong business structure supporting its growth in energy transformation, grid infrastructure, and advanced technology solutions.
Net Profit Reaches 195 Million TL
YEO Technology’s net profit attributable to shareholders reached 195,051,000 TL in the first quarter of 2026. The company had reported a net profit of 66,143,000 TL in the same period last year. Thus, YEO Technology nearly tripled its net profit year-on-year. The impact of international projects was also prominent in YEO Technology’s financial results. YEO Technology’s international sales reached 3.583 billion TL in the first three months of the year. This performance demonstrates the reflection of the company’s global project portfolio, spanning from Europe to Central Asia, Africa, and various other markets, in its financials.
Global Growth with End-to-End Integrated Solutions
YEO Technology continues its global growth with its integrated business model developed in the fields of EPC, energy storage, renewable energy investments, and grid modernization. While strengthening its revenues with international EPC projects, YEO is also expanding its position in the value chain with energy storage and renewable energy investments. YEO Teknoloji’s European investment and EPC activities are growing through DEFIC Globe, its renewable energy project development and investment activities through CALL Energy, and its battery energy storage systems through Reap Battery. This structure supports the company’s position as a global energy technology group that unites its engineering, investment, technology, and manufacturing capabilities under one roof.
