TE · T1 Energy Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $177.65M | - | $0 | $0 | - | - | - | - | - | - |
| Cost of Revenue | $148.56M | - | $189.37M | $100.01M | $0 | - | - | - | - | - |
| Gross Profit | $29.08M | - | $0 | $0 | $0 | - | - | - | - | - |
| R&D | - | - | - | - | - | - | $8.62M | $6.37M | $11.74M | - |
| SG&A | $51.59M | - | $17.40M | $13.68M | $15.00M | - | $27.77M | $27.63M | $22.90M | - |
| Total Operating Expenses | $43.38M | - | $115.87M | - | - | - | $35.01M | $34.03M | $34.80M | - |
| D&A | $25.11M | - | $13.50M | $14.90M | $14.68M | - | $1.10M | $2.30M | $2.21M | - |
| Operating Income | ($22.50M) | - | ($94.72M) | ($29.21M) | ($23.61M) | - | ($31.79M) | ($30.78M) | ($34.80M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($222.0K) | - | ($12.08M) | ($5.98M) | ($2.51M) | - | $0 | $138.0K | $0 | - |
| Net Income | ($20.42M) | - | ($130.56M) | ($31.91M) | ($16.24M) | - | ($27.48M) | ($25.28M) | ($28.54M) | - |
| EPS - Basic | ($0.08) | - | ($0.87) | ($0.21) | ($0.11) | - | ($0.07) | ($0.19) | ($0.20) | - |
| EPS - Diluted | ($0.08) | - | ($0.87) | ($0.21) | ($0.11) | - | ($0.20) | ($0.18) | ($0.20) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $46.37M | $182.45M | $34.15M | $8.45M | $48.88M | $72.64M | $181.85M | $219.56M | $249.85M | $253.34M |
| Accounts Receivable | $100.02M | $84.48M | - | - | - | $0 | - | - | - | - |
| Inventory | $128.94M | $116.04M | $251.96M | $326.22M | $333.03M | $274.55M | - | - | - | $0 |
| Accounts Payable | - | - | - | - | - | - | $10.08M | $14.69M | $8.46M | $18.11M |
| Current Assets | $584.67M | $663.49M | $695.24M | $644.52M | $626.68M | $583.17M | $199.47M | $234.42M | $268.17M | $311.95M |
| Total Assets | $1.34B | $1.37B | $1.40B | $1.41B | $1.43B | $1.34B | $614.99M | $644.38M | $670.27M | $732.18M |
| Current Liabilities | $465.89M | $463.59M | $615.65M | $511.80M | $493.10M | $414.02M | $31.35M | $35.35M | $40.04M | $49.18M |
| Long-term Debt | $330.17M | $343.80M | $427.23M | $477.95M | $487.67M | $507.91M | - | - | - | $0 |
| Total Liabilities | $1.03B | $1.05B | $1.24B | $1.18B | $1.18B | $1.10B | $76.30M | $81.53M | $86.60M | $97.47M |
| Stockholders' Equity | $236.70M | $250.37M | $96.91M | $183.91M | $201.94M | $188.76M | $538.69M | $561.65M | $582.29M | $633.20M |
| Retained Earnings | ($1.11B) | ($1.09B) | ($903.95M) | ($773.39M) | ($741.48M) | ($725.24M) | ($358.00M) | ($330.53M) | ($303.54M) | ($275.00M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($72.87M) | - | - | - | ($44.81M) | - | - | - | ($16.22M) | - |
| Investing Cash Flow | ($60.72M) | - | - | - | $22.06M | - | - | - | ($2.43M) | - |
| Financing Cash Flow | ($13.55M) | - | - | - | ($3.76M) | - | - | - | $0 | - |
| CapEx | $60.72M | - | - | - | $29.14M | - | - | - | $21.45M | - |
| Free Cash Flow | ($133.60M) | - | - | - | ($73.95M) | - | - | - | ($37.67M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.4% | - | - | - | - | - | - | - | - | - |
| Operating margin | -12.7% | - | - | - | - | - | - | - | - | - |
| EBITDA margin | 1.5% | - | - | - | - | - | - | - | - | - |
| Net margin | -11.5% | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | -75.2% | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 6.54 | - | - | - | 4.55 | - | - | - | 1.32 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 29.0% | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.5% | - | -9.4% | -2.3% | -1.1% | - | -4.5% | -3.9% | -4.3% | - |
| Return on equity | -8.6% | - | -134.7% | -17.4% | -8.0% | - | -5.1% | -4.5% | -4.9% | - |
| Return on invested capital | -3.1% | - | -14.3% | -3.5% | -2.7% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.25 | 1.43 | 1.13 | 1.26 | 1.27 | 1.41 | 6.36 | 6.63 | 6.70 | 6.34 |
| Quick ratio | 0.98 | 1.18 | 0.72 | 0.62 | 0.60 | 0.75 | 6.36 | 6.63 | 6.70 | 6.34 |
| Cash ratio | 0.10 | 0.39 | 0.06 | 0.02 | 0.10 | 0.18 | 5.80 | 6.21 | 6.24 | 5.15 |
| Leverage | ||||||||||
| Debt / Equity | 1.39 | 1.37 | 4.41 | 2.60 | 2.41 | 2.69 | - | - | - | 0.00 |
| Debt / Assets | 0.25 | 0.25 | 0.31 | 0.34 | 0.34 | 0.38 | - | - | - | 0.00 |
| Debt / EBITDA | 126.99 | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 5.65 | 5.48 | 14.41 | 7.69 | 7.09 | 7.08 | 1.14 | 1.15 | 1.15 | 1.16 |
| Liabilities / Assets | 0.77 | 0.77 | 0.89 | 0.83 | 0.82 | 0.82 | 0.12 | 0.13 | 0.13 | 0.13 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.00 | 0.00 | - | - | - | - | - | - |
| Inventory turnover | 1.15 | - | 0.75 | 0.31 | 0.00 | - | - | - | - | - |
| Days sales outstanding | 206d | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 317d | - | 486d | 1191d | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 5.3x | - | 3.6x | 1.0x | 1.0x | - | 0.3x | 0.4x | 0.4x | - |
| P / S | 7.0x | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 590.8x | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 4.7% | - | -198.0% | 5.1% | 32.2% | - | - | - | - | - |
| Net income growth (YoY) | -25.7% | - | -375.2% | -26.2% | 43.1% | - | - | - | - | - |
| EPS growth (YoY) | 27.3% | - | -335.0% | -16.7% | 45.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -80.6% | - | - | - | -96.3% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 17.2% | 32.6% | -82.0% | -67.3% | -65.3% | -70.2% | - | - | - | -11.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$755.29M totalReportable Segment$755.29M · 100.0%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing T1 Energy Inc. against the 5 most active filers in the same SIC group.