T1 Energy Q3 loss narrows to $41.6 million
By Liezl GambeKey points
- T1 Energy (NYSE:TE) reported a third-quarter 2026 net loss of $41.6 million, narrowing from the prior-year loss, while revenue declined to $196.59 million.
- The company secured more than 1.58 GW of module offtake contracts and has over 3.5 GW contracted for 2027 deliveries.
- T1 narrowed its 2026 production guidance to 4.0–4.2 GW and outlined a preliminary 2027 production plan of 5.3 GW, subject to capacity being fully sold.
T1 Energy (NYSE:TE) reported a third-quarter 2026 net loss attributable to common stockholders of $41.6 million, or $0.14 per share, while net sales declined to $196.590 million from $210.522 million a year earlier.
The quarterly loss narrowed from $140.8 million, or $0.87 per share, in the third quarter of 2025, although gross profit also declined to $16.707 million from $21.148 million.
Gross margin was 8.5%, while T1 signed more than 1.58GW of new solar module offtake contracts and had over 3.5GW contracted for scheduled 2027 deliveries.
Following the announcement, T1 Energy shares were down 11.97% at $1.88 in premarket trading as of 6:02 a.m. ET on November 12, 2026.
T1 also narrowed its 2026 G1_Dallas production guidance to 4–4.2GW from a previous range of 3.1–4.2GW and introduced a preliminary 2027 production plan of 5.3GW, based on its expectation that the facility will sell out.
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