T1 Energy (TE) Q3 FY2026 earnings: revenue $197 million, down 6.6% on the year
T1 Energy Inc. (TE) reported revenue of $197 million for Q3 FY2026, the quarter ended 30 September 2026, down 6.6% on the same quarter a year earlier. Net income was -$41 million, and diluted earnings per share $-0.14. The figures are the company's own, from the 10-Q it filed with the SEC on 12 November 2026.
Revenue
$197 million
-6.6% on the year · -21.4% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-27.7%
-45.0% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$41 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.14
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 narrowed, 1 new.
Continuing operations loss narrowed year over year: Net loss from continuing operations was $34.7 million, or $(0.12) per share, against $130.8 million, or $(0.87) per share, in the third quarter of 2025. Net loss attributable to common stockholders was $41.6 million.
G1_Dallas produced 1,056MW of modules: G1_Dallas produced 1,056MW of modules, the second highest quarterly run-rate in company history. About 326MW was added to module inventory to support 2027 deliveries under newly signed offtake contracts.
3.5GW of 2027 capacity contracted: Including the latest contracts with Avantus, more than 3.5GW of 2027 manufacturing capacity is now under contract for scheduled 2027 deliveries.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-72.8
-30.1
63.9
Capital expenditure
88.3
101
8.9
-12.7%
+894.8%
Free cash flow
-161
-131
55.0
Free cash flow margin
-81.9%
-52.5%
26.1%
Cash from investing
-87.9
-110
-8.9
Cash from financing
141
173
-14.9
-18.3%
Depreciation and amortisation
29.5
25.0
25.0
+17.8%
+17.8%
Share-based compensation
5.3
5.8
1.9
-8.6%
+181.0%
Diluted shares, weighted
291m
280m
161m
+3.9%
+80.9%
Shares outstanding at period end
299m
281m
169m
+6.7%
+77.6%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
246
202
96.9
+22.1%
+154.3%
Redeemable equity
n/a
n/a
58.8
Debt
703
550
547
+27.9%
+28.5%
Operating lease liabilities
215
206
141
+4.1%
+51.7%
Other liabilities
829
684
552
+21.1%
+50.3%
Total liabilities and equity
1,993
1,642
1,396
+21.4%
+42.8%
Fixed assets
524
430
290
+21.7%
+80.8%
Goodwill
81.7
57.4
60.9
+42.2%
+34.1%
Intangible assets
291
158
192
+84.6%
+51.8%
Cash and equivalents
59.5
79.1
34.1
-24.8%
+74.3%
Receivables
n/a
98.6
n/a
Inventory
335
229
252
+46.6%
+33.1%
Other assets
702
590
567
+18.9%
+23.7%
Total assets
1,993
1,642
1,396
+21.4%
+42.8%
Questions
What was T1 Energy's revenue in Q3 FY2026?
T1 Energy (TE) reported revenue of $197 million for Q3 FY2026, the quarter ended 30 September 2026, down 6.6% on the same quarter a year earlier.
How much did T1 Energy earn in Q3 FY2026?
Net loss for Q3 FY2026 was $41 million, and the diluted loss per share $0.14.
When did T1 Energy report Q3 FY2026 results?
T1 Energy filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 12 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 12 November 2026: the filing.