Toro Corp. (NASDAQ: TORO) reported stronger top-line results in Q2 2026, with revenues rising to $6.95 million, up 71.3% year over year. Gross profit also improved sharply to $3.86 million, more than doubling from a year earlier, showing better operating leverage in the quarter.
Even with the higher revenue, profitability remained under pressure. Toro posted an operating loss of $1.08 million and a net loss attributable to common shareholders of $610,331. Diluted earnings per share came in at -$0.13.
Cash generation was a highlight, with cash from operating activities of $3.43 million. The company ended the period with $79.12 million in cash and cash equivalents, while total liabilities were $4.19 million.
- Revenue: $6.95 million, up 71.3%
- Gross profit: $3.86 million, up 105.9%
- Net loss: $610,331
- Operating cash flow: $3.43 million
- Shares fell 2.5% in morning trading
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Toro Corp. Insider Trading Activity
Toro Corp. insiders have traded $TORO stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $TORO stock by insiders over the last 6 months:
- PETROS PANAGIOTIS PANAGIOTIDIS (Chief Executive Officer) has made 4 purchases buying 2,315,971 shares for an estimated $14,254,645 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Toro Corp. Hedge Fund Activity
We have seen 15 institutional investors add shares of Toro Corp. stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANE STREET GROUP, LLC added 190,538 shares (+inf%) to their portfolio in Q2 2026, for an estimated $927,920
- ALMITAS CAPITAL LLC added 100,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $487,000
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 55,750 shares (-56.9%) from their portfolio in Q2 2026, for an estimated $271,502
- TWO SIGMA INVESTMENTS, LP added 52,250 shares (+inf%) to their portfolio in Q2 2026, for an estimated $254,457
- MARSHALL WACE, LLP added 48,832 shares (+inf%) to their portfolio in Q2 2026, for an estimated $237,811
- MORGAN STANLEY removed 29,925 shares (-99.5%) from their portfolio in Q2 2026, for an estimated $145,734
- RENAISSANCE TECHNOLOGIES LLC added 14,048 shares (+7.8%) to their portfolio in Q2 2026, for an estimated $68,413
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
