T1 Energy (TE)
Manufactures U.S. solar modules while adding domestic cells and utility-scale battery storage.
$4.38
After hours+0.02 (+0.46%)
At close$4.36(−2.02%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 3 | 53 | 133 | 211 | 359 | 178 | 250 |
| Cost of revenue | 1 | 4 | 0 | 0 | 3 | 6 | 36 | 100 | 189 | 375 | 149 | 201 |
| Gross profit | −1 | −4 | 0 | 0 | −3 | −3 | 18 | 33 | 21 | −16 | 29 | 49 |
| 34 | 11 | 15 | 14 | 24 | 27 | 41 | 62 | 63 | 69 | 52 | 72 | |
| Research & development | 7 | 10 | 12 | 10 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 27 | 20 | 15 | 14 | 16 | 27 | 41 | 62 | 63 | 69 | 52 | 72 | |
| Selling & marketing | 0 | 0 | −8 | −6 | 0 | 0 | 0 | 0 | 0 | 58 | 0 | 0 |
| General & administrative | 0 | 20 | 23 | 20 | 0 | 0 | 0 | 0 | 0 | 11 | 0 | 72 |
| Other expenses | 0 | −19 | −12 | −10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −35 | −15 | −15 | −14 | −27 | −30 | −24 | −29 | −42 | −85 | −23 | −23 |
| 25 | 14 | 4 | 3 | 0 | −16 | 17 | −9 | −98 | −71 | 26 | −13 | |
| Interest income | 1 | 4 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 9 | 10 | 6 | 7 |
| Other non-operating income | −25 | −14 | −4 | −3 | 0 | 16 | −17 | 9 | 89 | 61 | −32 | 7 |
| Income before tax | −10 | 0 | −11 | −10 | −28 | −47 | −7 | −38 | −140 | −157 | 4 | −36 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | −16 | −3 | −6 | −12 | 1 | 0 | 7 |
| Net income from continuing operations | −10 | −1 | −11 | −10 | −28 | −31 | −4 | −32 | −128 | −158 | 4 | −44 |
| Discontinued operations | 0 | −24 | −17 | −17 | 0 | −336 | −12 | 0 | −3 | −31 | −24 | −7 |
| Net income | −10 | −24 | −29 | −27 | −27 | −367 | −16 | −32 | −131 | −189 | −20 | −44 |
| EPS, basic | −$0.07 | −$0.17 | −$0.20 | −$0.19 | −$0.20 | −$2.59 | −$0.11 | −$0.21 | −$0.87 | −$1.00 | −$0.12 | −$0.25 |
| EPS, diluted | −$0.07 | −$0.17 | −$0.20 | −$0.19 | −$0.20 | −$2.59 | −$0.11 | −$0.21 | −$0.87 | −$1.00 | −$0.12 | −$0.25 |
| Weighted average shares, basic | 140 | 140 | 140 | 140 | 140 | 142 | 156 | 156 | 158 | 174 | 174 | 174 |
| Weighted average shares, diluted | 140 | 140 | 140 | 140 | 140 | 142 | 156 | 156 | 158 | 174 | 174 | 174 |
| EBITDA | −9 | 3 | −9 | −8 | −25 | −42 | 8 | −9 | −105 | −122 | 37 | −4 |
| Depreciation & amortization | 1 | 4 | 2 | 2 | 3 | 4 | 15 | 29 | 25 | 25 | 27 | 25 |
| EBIT | −10 | 0 | −11 | −10 | −28 | −46 | −7 | −38 | −130 | −147 | 10 | −29 |
