T1 Energy Q2 net loss widens to $36.9 million; net sales rise to $250 million

Reuters2026/08/12 11:22

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T1 Energy posted Q2 net sales of $250 million, up 87.97% from a year earlier.
Net loss from continuing operations was $36.9 million; adjusted EBITDA was $10.7 million, including a $24.4 million IEEPA tax-refund benefit.
Gross margin rose to 19.6%; management cited about 300 basis points of improvement on higher throughput and contract deliveries.
G1_Dallas produced 935 MW of modules; the company expects Q3 and Q4 run-rate output to exceed Q2 levels.
Construction at G2_Austin advanced, with first cell production expected in Q1 2027; T1 also placed $120 million of private convertible notes due 2031.

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 August 12, 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 net loss widens to $36.9 million; net sales rise to $250 million

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