Turbo Energy (NASDAQ: TURB) just reported a huge jump in revenue as demand for its battery storage and energy-management systems continues to grow.

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For the first six months of 2026, revenue reached $17.2 million, up 172.7% year over year, and operating income swung to a positive $584,000 from a $1.31 million loss during the same period last year. For a company as small as Turbo, this is not trivial.

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If you’re unfamiliar, Turbo Energy develops battery storage systems that allow businesses and homeowners to store electricity and use it when power prices are higher or when renewable energy production drops. The company also integrates software that manages when to store, consume, or return that electricity to the grid.

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Business is booming!

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Earlier this month, Turbo announced 15 firm-order energy storage projects across Spain and Chile, representing about $3.5 million in orders and 15.6 megawatt-hours of storage capacity. Two are already operating, with the remaining projects expected to move through installation and development into the first half of 2027.

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That's in addition to Turbo's much larger Pamesa Net Zero project. During the first half of the year, the company delivered more than 130 MWh of battery storage systems supporting that project.

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Bottom line: revenue has nearly tripled, operating income has officially turned positive, and Turbo continues adding commercial battery-storage projects. It’s still early innings, but keep a close eye on Turbo Energy. 

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