Every 10-Q that T1 Energy Inc. (TE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TE filings page.
T1 Energy Inc., a U.S. solar module manufacturer, reported strong top-line growth but continued losses for the six months ended June 30, 2026. Total net sales were $427.8 million, up from $186.2 million a year earlier, driven largely by related-party sales to the Trina Group.
Gross profit rose to $78.2 million, yet T1 posted a net loss of $64.0 million and a loss from discontinued operations of $30.9 million, mainly tied to its European exit. Operating cash outflow was $103.0 million and capital expenditures reached $161.8 million as the company invested heavily in its G2_Austin cell facility.
Cash, cash equivalents and restricted cash declined to $156.4 million, while total debt principal increased to $583.4 million after issuing $184.0 million of 4.00% convertible notes due 2031. Management states existing cash resources are expected to support operations for at least 12 months. The business is highly concentrated: one customer accounted for 100% of net sales and trade receivables. T1 has contracts for 5.4 GW of future module sales and recognized $24.4 million of probable tariff refunds, reducing cost of sales. Subsequent to quarter-end, it closed the acquisition of battery storage company KORE Power, Inc.
T1 Energy Inc. reported sharply higher Q1 2026 sales but remained unprofitable overall. Total net sales rose to $177.6 million from $53.5 million, almost entirely from a single related-party customer. Gross profit reached $29.1 million, but selling, general and administrative expenses of $51.6 million kept operating results pressured.
Continuing operations generated net income of $3.9 million, helped by derivative and warrant fair value gains, yet discontinued operations produced a $24.3 million loss, leading to a total net loss of $20.4 million attributable to common shareholders of $(21.4) million, or $(0.08) per share.
Cash, cash equivalents, and restricted cash fell to $123.7 million from $270.8 million, driven by negative operating cash flow of $72.9 million and capital expenditures of $60.7 million. Total assets were $1.34 billion and total liabilities $1.03 billion, with debt principal of $404.5 million including $161.0 million of 2030 Convertible Notes.
The company highlights significant customer, supplier, and production concentration risks, complex related-party arrangements with the Trina Group, and multiple legal and regulatory matters. Management nevertheless asserts it has sufficient liquidity to support planned operations for at least 12 months and is expanding U.S. solar manufacturing capacity in Texas.
T1 Energy Inc. (TE) reported its first scaled quarter of manufacturing revenue, posting total net sales of $210.5 million for the three months ended September 30, 2025, driven by U.S. solar module sales, including related-party sales to the Trina Group. Gross profit was $21.1 million, but results were weighed by an impairment of acquired customer contract intangibles and higher operating costs.
The company recorded a net loss of $130.6 million for the quarter and an operating loss of $94.7 million, reflecting a $53.2 million impairment tied to reduced expected volumes on one acquired contract, elevated SG&A, and fair value movements in derivatives and warrants. Cash, cash equivalents, and restricted cash totaled $86.7 million at quarter end, with government grants receivable of $93.1 million linked to Section 45X credits expected to support future liquidity.
Capital structure and funding actions were active. T1 converted the first stage of an $80.0 million related-party convertible note into 12.5 million shares, obtained a credit facility waiver related to the customer-contract dispute, and, subsequent to quarter end, raised $72.0 million via common stock and $50.0 million through Series B‑1 preferred stock. As of November 7, 2025, common shares outstanding were 212,365,815.
T1 Energy Inc. amended its Form 10-Q to correct a material error affecting the period ended March 31, 2025. The company reports 155,938,092 common shares outstanding and affirms that, after review, its cash resources are sufficient to fund operations for at least the next 12 months and that the financial statements are prepared on a going-concern basis. Key balances and arrangements disclosed include $235.0 million senior secured credit facility (converted to term loan April 30, 2025), $82.1 million outstanding on a related-party convertible note, $50.0 million of issued non-voting Series A preferred stock (5.0 million shares), 24.6 million warrants outstanding, and related-party module sales of $64.6 million for the three months ended March 31, 2025. The company recognized $31.8 million of revenue that had been deferred at period start and reports deferred revenue with related parties of $51.5 million as of March 31, 2025.