Turbo Energy Anticipates 140% Growth and $23.5 Million in Revenue for 2025
Spanish manufacturer Turbo Energy reports preliminary unaudited results for 2025, with revenue expected between $22.5 million and $23.5 million, up 130% to 140% year-over-year.
| Sectors | Energy Storage, Batteries, Solar Energy, Photovoltaic |
|---|---|
| Themes | Markets & Finance, Results |
| Countries | Spain, Chile, United States |
Turbo Energy S.A., a Spanish manufacturer of solar energy storage solutions listed on Nasdaq (TURB), expects revenue between $22.5 million and $23.5 million (€19.5 million to €20.4 million) for fiscal year 2025, based on preliminary unaudited results released on March 30, 2026. This performance would represent a 130% to 140% increase compared to $9.77 million (€8.46 million) recorded in fiscal 2024. The company, headquartered in Valencia, Spain, attributes this growth to the transformation of its business model into an AI-driven intelligent energy platform. This repositioning aligns with a sector-wide trend driven by large-scale battery deployment, as illustrated by Transgrid's securing of up to 2 GW of batteries to strengthen the NSW grid.
Commercial & Industrial Segment as the Primary Growth Driver
In 2025, the company says it refocused its business toward higher-value projects in the Commercial & Industrial (C&I) and advanced storage segments. According to management, revenue includes approximately $10 million generated with IM2 Energía Solar through jointly developed energy solutions for electro-intensive industrial clients. These projects deploy advanced storage systems and intelligent energy management solutions. Pamesa Grupo Empresarial is cited as a major industrial contract, amid a broader expansion of industrial solar projects such as the 8.6 MWc installation inaugurated by Safran Aircraft Engines and GreenYellow at Évry-Corbeil.
Demand from electro-intensive industrial clients is accelerating, according to management, amid persistent volatility in global energy markets. The company says it has strengthened its strategic positioning through UL certification and proprietary patented technologies. Partnerships with leading global technology players are mentioned without being explicitly identified in the company's communication.
Digital Transformation and New Service Offerings
During the fiscal year, Turbo Energy says it developed digital initiatives including Battery-as-a-Service (BaaS) concepts, a model in which energy storage is billed as a recurring service rather than a direct equipment sale. The company presents its approach under the commercial brand "Smartergy," described as an intelligent integration of energy generation, storage and consumption. According to management, this evolution positions the company as an intelligent energy integrator rather than a simple storage hardware supplier.
Turbo Energy also says it has expanded its capabilities across software, advanced storage systems and integrated energy management solutions. The company mentions selective international expansion in Europe, Chile and the United States as a development axis. These elements represent, according to management, key validations of the company's technological positioning.
2026 Outlook and Financial Trajectory
For fiscal 2026, management targets progress toward positive EBITDA (earnings before interest, taxes, depreciation and amortization) and expansion of the contracted backlog across C&I and hybrid utility projects. Turbo Energy anticipates increased contribution from intelligent energy management and optimization services, subject to market adoption. The company expects to increase visibility on future revenues supported by executed agreements and committed customer orders. These preliminary results remain unaudited and may be revised upon publication of the final annual financial statements.
