| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 250.13 | 40.8% | 88.4% |
| Total Income | 250.13 | 40.8% | 88.4% |
| Expenditure | 272.91 | 36.4% | 68.5% |
| PBT | -36.15 | 1082.3% | 4.4% |
| Net Profit | -43.54 | 113.2% | 36.5% |
| OPM | -9.11% | 3.56pp | 12.89pp |
| NPM | -17.41% | 5.91pp | 6.63pp |
| EPS | -0.16 | 100.0% | 23.8% |
T1 Energy Announces Preliminary Q2 2026 Results and Business Updates
28 Jul 2026 · 28 Jul, 4:11 pm
Summary
T1 Energy announced preliminary financial and operating results for the second quarter of 2026, expecting total sales between $245 million and $255 million. The company anticipates a net loss from continuing operations of $34.0 million to $37.0 million and an Adjusted EBITDA between ($14.5) million and ($11.5) million. Significant business updates include the acquisition of solar intellectual property rights from Evervolt for $135 million, the monetization of 2025 Section 45X tax credits for $39.1 million, and the closure of the KORE Power, Inc. acquisition.
Key Highlights
- 1
T1 Energy expects total sales for Q2 2026 to be approximately $245 million to $255 million.
- 2
The company anticipates a Net Loss from Continuing Operations between $34.0 million and $37.0 million for Q2 2026.
- 3
Adjusted EBITDA for Q2 2026 is projected to range from ($14.5) million to ($11.5) million.
- 4
T1 Energy acquired advanced solar intellectual property rights from Evervolt for $135 million.
- 5
The company monetized the balance of its remaining 2025 Section 45X tax credits for $39.1 million.
- 6
Construction for the G2_Austin solar cell fab's first phase has reached 80% steel completion, with updated capital expenditure guidance of $510 million.
- 7
T1 Energy closed the acquisition of KORE Power, Inc. in July 2026, creating the T1 NRI brand.
Informational and educational content only. Not investment advice.