T1 Energy Q4 net loss narrows as sales hit record

T1 Energy

31/03/2026 11:15

Corrects Q4 Net loss attributable to common stockholders figure in Key Details table to $190.0 mln from -$190.0 mln

Overview

U.S. solar solutions provider reported record Q4 sales and production at G1_Dallas facility

Company posted Q4 net loss, but loss narrowed compared to prior year

T1 began construction on G2_Austin solar cell fab, maintaining 2026 production guidance

Outlook

T1 Energy maintains 2026 production and sales guidance of 3.1-4.2 GW

Company has 3 GW of G1_Dallas production contracted for 2026

T1 maintains integrated G1/G2 annualized Adjusted EBITDA run-rate guidance of $375-450 mln for 2027

Result Drivers

RECORD PRODUCTION AND SALES - T1 achieved record quarterly module production of 1.13 GW and record net sales of $358.5 mln at G1_Dallas in Q4 2025

NEW CUSTOMER CONTRACTS - Co added two large utility-scale customers to its merchant sales base during Q4, reflecting increased commercial traction

SECTION 45X TAX CREDIT SALE - T1 completed its first $160 mln sale of Section 45X production tax credits in December

Company press release: ID:nGNX7p60wD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.87
Q4 Net loss attributable to common stockholders
$190.0 mln
Q4 Operating Expenses
$66.47 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for T1 Energy Inc is $10.00, about 77.9% above its March 30 closing price of $5.62

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)