NYSE$TE

T1 Energy Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

T1 Energy reported a net loss in Q3 2025 with revenue growth and increased project activity despite ongoing challenges.

T1 Energy posted a larger net loss in Q3 2025 due to higher operating expenses and an impairment charge, while revenue increased driven by growth in module sales and related-party transactions.

  • Revenue reached $210.5 million, including $120.1 million from related-party transactions.
  • Net loss widened to $140.8 million, primarily due to a $53.2 million impairment charge.
  • The company expects a significant production ramp at G1_Dallas in Q4 2025.
  • Cash, cash equivalents, and restricted cash totaled $86.7 million as of quarter end.

Headline financials

Total Revenue

$211M

Previous: $0.00
EPS (adj)

-$0.09

Previous: -$0.20+54.0%
Adjusted EBITDA

-$14.6M

No prior period
SG&A Expenses

$62.7M

No prior period
Restricted Cash

$52.6M

No prior period
Revenue from Related Party

$120M

No prior period
Capital Expenditures

-$60.8M

Previous: -$5.58M-989.1%
Net Income

-$141M

Previous: -$27.5M-412.5%
Operating Income

-$94.7M

Previous: -$27.1M-249.1%
Gross Profit

$21.1M

Previous: $0.00

Revenue & EPS history

T1 Energy Inc. · Revenue · Quarterly

$211M

Q3 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

T1 Energy expects a strong Q4 2025 driven by higher G1_Dallas production and monetization of Section 45X credits, while also progressing construction plans for G2_Austin.

Tailwinds

  • G1_Dallas module sales expected to exceed the first three quarters combined
  • Production at G1_Dallas to reach a 4.5 GW annualized run rate in Q4 2025
  • G2_Austin construction expected to begin in Q4 2025
  • Section 45X credits of $93.1 million expected to be monetized
  • EBITDA guidance of $25–$50 million reaffirmed for FY 2025

Headwinds

  • Impairment charge of $53.2 million due to an offtake contract dispute
  • Net loss widened significantly from Q3 2024
  • Increased operating expenses impacted profitability
  • Pending resolution of supply contract dispute may delay revenue recognition
  • No confirmed signed offtake contracts yet for G2_Austin

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-5.9%

Avg return

Earnings day

-7.7%

Avg return

5 days after

+2.3%

Avg return

30 days after

0%

0 / 7 earnings

Positive

+0.0%

Q1 2024

Best reaction

-18.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.0%-6.0%
Q3 2025-3.7%-17.2%+53.3%
Q2 2025-5.8%+2.6%+20.0%
Q1 2025-18.1%-29.7%-14.2%
Q3 2024-11.0%-8.3%-8.3%
Q1 2024+0.0%+13.7%-1.8%
Q3 2023+0.0%-9.2%-35.0%

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