T1 Energy Inc. (TE) Form 8-K — Jul 28, 2026
T1 Energy reported preliminary second quarter 2026 sales of $245 million to $255 million with a net loss of $34.0 million to $37.0 million and negative Adjusted EBITDA. The company also closed the acquisition of KORE Power and purchased solar intellectual property from Evervolt for $135 million to expand its market reach. Despite these strategic moves, the company faces headwinds as it updated its G2_Austin solar cell fab budget from $425 million to $510 million due to labor and material costs.
Key figures
- Revenue
- $245 million - $255 million
- Net Income
- $34.0 million - $37.0 million loss
- Cash Position
- $156.4 million
- Tariff Refunds
- $24.4 million
- Adjusted EBITDA
- ($11.5 million) - ($14.5 million)
- Unrestricted Cash
- $79.1 million
- Module Sales Volume
- 835 MW
- G2 Austin Phase1 Capex New
- $510 million
- Evervolt IPAcquisition Cost
- $135 million
- G2 Austin Phase1 Capex Previous
- $425 million
- Section45 XTax Credits Monetized
- $39.1 million
Price after filing
Close on the filing date to close N calendar days later (from $4.15). Historical, not a forecast.
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