TE · XBRL financial data
T1 Energy financial statements, every fiscal year
The same tables from 3 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (TE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue from contracts with customers | — | 3 | 755 |
| Cost of goods and services sold | 0 | 2 | 700 |
| Gross profit | 0 | 1 | 56 |
| Research and development | 28 | — | — |
| Selling, general and administrative | — | 79 | 235 |
| General and administrative | 108 | 75 | — |
| Total operating expenses | 143 | 80 | 290 |
| Operating income (loss) | (143) | (74) | (235) |
| Other income (expense) | 7 | 6 | 1 |
| Income tax expense (benefit) | 1 | (16) | (19) |
| Net income (loss) | (72) | — | — |
| Earnings per share, basic USD per share | (0.51) | (3.20) | (2.19) |
| Earnings per share, diluted USD per share | (0.51) | (3.20) | (2.19) |
| Weighted average shares, basic millions of shares | 140 | 141 | 174 |
| Weighted average shares, diluted millions of shares | 140 | 141 | 174 |
Balance sheet
CSVFiscal years (TE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 253 | 73 | 182 |
| Accounts receivable | — | 0 | 84 |
| Inventory | 0 | 275 | 116 |
| Total current assets | 312 | 583 | 663 |
| Property and equipment, net | 366 | 285 | 302 |
| Right-of-use asset | 24 | 111 | 151 |
| Goodwill | 0 | 75 | 57 |
| Total assets | 732 | 1,336 | 1,372 |
| Accounts payable | 18 | — | — |
| Accrued liabilities | 31 | 91 | 47 |
| Current portion of long-term debt | 0 | 94 | 46 |
| Total current liabilities | 49 | 414 | 464 |
| Long-term debt | — | 508 | 344 |
| Lease liability, non-current | 19 | 102 | 144 |
| Total liabilities | 97 | 1,099 | 1,050 |
| Accumulated deficit | (275) | (725) | (1,093) |
| Total stockholders' equity | 633 | 189 | — |
| Total liabilities and equity | 732 | 1,336 | 1,372 |
| Common shares outstanding (cover page) millions of shares | 140 | 156 | 279 |
Cash flows
CSVFiscal years (TE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | (72) | — | — |
| Stock-based compensation | 12 | 8 | 11 |
| Depreciation and amortization | 3 | 10 | 93 |
| Net cash from operating activities | (88) | (103) | 95 |
| Purchases of property and equipment | 188 | 51 | 79 |
| Net cash from investing activities | (187) | (138) | (33) |
| Proceeds from issuing common stock | 0 | — | — |
| Net cash from financing activities | 0 | 46 | 130 |
| Net change in cash | (287) | (199) | 194 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| T1 Energy | 79 | 250 | (30)* | 294.5M | 2.6 quarters | 10-QJun 30, 2026 |
| Magnachip Semiconductor | 88 | 45 | (0)* | 36.5M | 19532.7 quarters | 10-QJun 30, 2026 |
| Sunhydrogen | 12 | 0* | (1.2)* | 5.7B | 26.4 quarters | 10-KJun 30, 2026 |
| Everspin Technologies | 44 | 19 | 0.2* | 24.4M | — | 10-QJun 30, 2026 |
| Atomera | 23 | 0 | (3.2)* | 39.1M | 3.0 quarters | 10-QSep 30, 2026 |
| M-tron Industries | 96 | 15 | 3.7* | 4.3M | — | 10-QJun 30, 2026 |
| Espey MFG & Electronics | 19 | 13 | (0.6)* | 3.0M | 74.9 quarters | 10-KJun 30, 2026 |
| Netlist | 31 | not reported | 3.3* | 349.6M | — | 10-QJun 27, 2026 |
| Solaredge Technologies | 527 | 346 | 11* | 61.5M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.