YEO Teknoloji Posts Strong Growth in First Quarter

YEO Teknoloji, a global player in renewable energy and energy technologies, significantly improved its financial performance in the first quarter of 2026. The company's revenue reached TRY 4.16 billion, representing an 86% increase compared to the same period of the previous year.

EBITDA rose to TRY 1.6 billion with a 198% increase, while net profit nearly tripled to TRY 195 million.

Notable increase in operational profitability
According to financial results disclosed to the Capital Markets Board, the company's gross profit reached TRY 1.84 billion, up 150%. Operating profit increased from TRY 471 million to TRY 1.3 billion, showing a 177% year-on-year rise.

YEO Teknoloji's foreign sales reached TRY 3.58 billion, accounting for 86% of total revenues. This demonstrates the company's strong position in international markets.

New contracts and robust project portfolio
The company signed new contracts worth USD 148 million in the first three months of 2026. The total value of ongoing projects reached USD 790 million, with remaining contract value standing at USD 412 million.

More than 80% of the project portfolio consists of renewable energy power plant investments, while the remainder comprises energy grid and industrial automation projects.

Integrated business model driving global growth
YEO Teknoloji continues its global expansion through an integrated business model developed across EPC, energy storage, renewable energy investments and grid modernization.

The company;

develops its European operations through DEFIC Globe,
renewable energy investments through CALL Energy,
battery energy storage solutions through Reap Battery

combining its engineering, investment and technology capabilities under one roof.

International projects supporting growth
The project portfolio spanning from Europe to Central Asia and across different geographies from Africa directly contributes to YEO Teknoloji's financial performance. The company continues to strengthen its position among global energy players through its strategy focused on energy transition and advanced technology solutions.