T1 Energy Q2 FY26 operating loss widens to $34 million-$37 million; net sales seen at $245 million-$255 million

Reuters2026/07/28 10:27

By:Reuters

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T1 Energy posted preliminary Q2 2026 net sales of USD 245 million-255 million on module sales volumes of about 835 MW.
Net loss from continuing operations is seen at USD 34 million-37 million; adjusted EBITDA is projected at a loss of USD 14.5 million-11.5 million.
Cash, cash equivalents, and restricted cash totaled USD 156.4 million at June 30, including USD 79.1 million of unrestricted cash.
T1 acquired solar patents and other intellectual property rights from Evervolt for USD 135 million; it monetized remaining 2025 Section 45X tax credits for USD 39.1 million.
G2_Austin Phase 1 capex guidance rose to USD 510 million from USD 425 million; first solar cells are now expected in Q1 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. T1 Energy Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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T1 Energy Q2 FY26 operating loss widens to $34 million-$37 million; net sales seen at $245 million-$255 million

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