T1 Energy Inc (TE) income statement
NYSE · Industrials · Electrical Equipment & Parts · 562 employees · CEO Daniel Barcelo
- Price
- $2.70 -5.59%
- Market cap
- $809M
- Enterprise value
- $1.51B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-12 EPS est. -$0.12
T1 Energy Inc (TE) reported revenue of $250M for Q2 '26 (+88.4% year on year), operating income of -$22.8M (-9.1% of revenue) and net income of -$43.5M. Over the last four quarters revenue was $997M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $2.94M | $53.5M | $133M | $211M | $359M | $178M | $250M | |
| Cost of revenue | $1.19M | $3.54M | $0 | $0 | $3M | $5.85M | $35.7M | $100M | $189M | $375M | $149M | $201M | |
| Gross profit | -$1.19M | -$3.54M | $0 | $0 | -$3M | -$2.91M | $17.8M | $32.8M | $21.1M | -$16.1M | $29.1M | $49.1M | |
| Research & development | $7.09M | $10.2M | $11.7M | $10.5M | $8.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales & marketing | $0 | $0 | -$7.9M | -$6.42M | $0 | $0 | $0 | $0 | $0 | $57.9M | $0 | $0 | |
| General & administrative | $0 | $19.9M | $22.9M | $20.1M | $0 | $0 | $0 | $0 | $0 | $11.4M | $0 | $71.9M | |
| Other operating expenses | $0 | -$19.1M | -$11.7M | -$10.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $33.7M | $11M | $15M | $13.7M | $24.1M | $27.3M | $41.4M | $62M | $62.7M | $69.3M | $51.6M | $71.9M | |
| Operating income | -$34.9M | -$14.5M | -$15M | -$13.7M | -$27.1M | -$30.2M | -$23.6M | -$29.2M | -$41.5M | -$85.4M | -$22.5M | -$22.8M | |
| Interest income | $1.28M | $3.91M | $1.41M | $1.15M | $1.07M | -$234K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.05M | $9.4M | $9.8M | $6.16M | $6.73M | |
| Other non-operating income (gains on investments, FX ...) | -$24.9M | -$14.1M | -$3.7M | -$3.35M | $425K | $16.2M | -$17M | $8.62M | $88.8M | $61.4M | -$32.3M | $6.64M | |
| Total non-operating income | $24.9M | $14.1M | $3.7M | $3.35M | -$425K | -$16.4M | $17M | -$8.62M | -$98.2M | -$71.2M | $26.2M | -$13.4M | |
| Income before tax | -$10M | -$431K | -$11.3M | -$10.3M | -$27.6M | -$46.6M | -$6.65M | -$37.8M | -$140M | -$157M | $3.68M | -$36.1M | |
| Income tax | $0 | $102K | $0 | $11K | $0 | -$15.8M | -$2.51M | -$5.98M | -$12.1M | $1.2M | -$222K | $781K | |
| Net income | -$9.79M | -$24.2M | -$28.5M | -$27M | -$27.5M | -$367M | -$16.2M | -$31.9M | -$131M | -$189M | -$20.4M | -$43.5M | |
| EPS (basic) | -$0.07 | -$0.17 | -$0.20 | -$0.19 | -$0.20 | -$2.59 | -$0.11 | -$0.21 | -$0.87 | -$1.00 | -$0.12 | -$0.16 | |
| EPS (diluted) | -$0.07 | -$0.17 | -$0.20 | -$0.19 | -$0.20 | -$2.59 | -$0.11 | -$0.21 | -$0.87 | -$1.00 | -$0.12 | -$0.16 | |
| Shares (basic, weighted) | 140M | 140M | 140M | 140M | 140M | 142M | 156M | 156M | 158M | 174M | 174M | 280M | |
| Shares (diluted, weighted) | 140M | 140M | 140M | 140M | 140M | 142M | 156M | 156M | 158M | 174M | 174M | 280M | |
| Depreciation & amortization | $1.19M | $1.42M | $2.21M | $2.37M | $2.45M | $3.43M | $14.7M | $28.9M | $25M | $24.7M | $27.2M | $25M | |
| EBITDA | -$8.81M | $991K | -$9.09M | -$7.97M | -$25.1M | -$42.9M | $8.03M | -$8.91M | -$105M | -$122M | $37M | -$4.4M |
| Income statement | Trend | FY13 | FY14 | FY15 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.85B | $2.57B | $2.74B | $0 | $0 | $0 | $0 | $0 | $2.94M | $755M | |
| Cost of revenue | $23.1M | $973M | $989M | $0 | $15K | $120K | $478K | $0 | $1.71M | $700M | |
| Gross profit | $2.83B | $1.59B | $1.75B | $0 | -$15K | -$120K | -$478K | $0 | $1.23M | $55.6M | |
| Research & development | $0 | $0 | $0 | $0 | $1.87M | $13.8M | $13.6M | $28.5M | $0 | $0 | |
| General & administrative | $27.2M | $22.5M | $69.4M | $0 | $7.04M | $61.6M | $0 | $65.5M | $75.5M | $0 | |
| Other operating expenses | $510M | $1.07B | $1.12B | $0 | $15K | $0 | $0 | -$28.5M | $0 | $0 | |
| Operating expenses | $537M | $1.09B | $1.19B | $121K | $8.92M | $75.5M | $120M | $65.5M | $75.5M | $235M | |
| Operating income | $464M | $505M | $562M | -$121K | -$8.92M | -$75.6M | -$121M | -$65.5M | -$74.3M | -$180M | |
| Interest income | $0 | $0 | $0 | $291K | $20K | $317K | $1.78M | $9.95M | $3.39M | $0 | |
| Interest expense | $167M | $171M | $186M | $0 | $53K | $3K | $1.78M | $0 | $0 | $37.1M | |
| Other non-operating income (gains on investments, FX ...) | -$9.9M | $0 | $0 | -$331K | $0 | $17.8M | -$21.8M | -$47.3M | $6.14M | $124M | |
| Total non-operating income | -$157M | -$160M | -$166M | $331K | -$682K | -$17.8M | $21.8M | $47.3M | -$6.14M | -$161M | |
| Income before tax | $307M | $345M | $397M | $210K | -$9.61M | -$93.4M | -$99.1M | -$18.2M | -$80.4M | -$341M | |
| Income tax | $109M | $139M | $155M | $0 | $0 | $0 | $0 | $443K | -$15.8M | -$19.4M | |
| Net income | $198M | $130M | $174M | $210K | -$9.61M | -$93.4M | -$98.8M | -$71.9M | -$450M | -$368M | |
| EPS (basic) | $0.92 | $0.58 | $0.74 | $0.01 | -$0.08 | -$0.85 | -$0.83 | -$0.51 | -$3.20 | -$2.19 | |
| EPS (diluted) | $0.92 | $0.58 | $0.74 | $0.01 | -$0.08 | -$1.24 | -$0.83 | -$0.51 | -$3.20 | -$2.19 | |
| Shares (basic, weighted) | 215M | 223M | 233M | 35.9M | 116M | 113M | 118M | 140M | 141M | 174M | |
| Shares (diluted, weighted) | 216M | 224M | 235M | 35.9M | 116M | 113M | 118M | 140M | 141M | 174M | |
| Depreciation & amortization | $330M | $342M | $350M | $0 | $15K | $120K | $478K | $3.34M | $10.5M | $93.3M | |
| EBITDA | $803M | $847M | $912M | $210K | -$8.91M | -$93.3M | -$98.6M | -$14.9M | -$69.9M | -$210M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02