T1 Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	879.49	755.3	2.94	-	-	-
Revenue Growth (YoY)	1459.55%	25572.84%	-	-	-	-
Cost of Revenue	812.61	699.71	1.71	-	-	-
Gross Profit	66.88	55.58	1.23	-	-	-
Selling, General & Admin	245.51	235.32	79.2	65.53	107.36	61.76
Research & Development	-	-	-	-	13.57	13.82
Other Operating Expenses	54.83	54.83	1.04	-	1.56	0.06
Total Operating Expenses	300.35	290.15	80.23	65.53	122.49	75.63
Operating Income	-233.46	-234.57	-79.01	-65.53	-122.49	-75.63
Other Non-Operating Income (Expense)	-75.2	-106.16	-3.56	47.32	23.37	-17.75
Total Non-Operating Income (Expense)	-75.2	-106.16	-3.56	47.32	23.37	-17.75
Pretax Income	-330.4	-340.73	-82.56	-18.21	-99.12	-93.38
Provision for Income Taxes	17.08	19.37	15.76	-0.44	-	-
Net Income	-385.07	-380.79	-450.24	-71.95	-98.79	-93.38
Minority Interest in Earnings	-	-	-0.4	-1.15	-0.33	-
Net Income Attributable to Preferred Dividends	1.9	12.96	0.09	-	-	-
Earnings From Discontinued Operations	-58.69	-46.48	-383.75	-54.45	-	-
Net Income to Common	-385.07	-380.79	-450.24	-71.95	-98.79	-93.38
Shares Outstanding (Basic)	203	174	141	140	118	75
Shares Outstanding (Diluted)	205	174	141	140	118	75
Shares Change (YoY)	41.87%	23.55%	0.60%	17.92%	57.20%	-
EPS (Basic)	-2.03	-2.19	-3.20	-0.51	-0.83	-1.24
EPS (Diluted)	-2.03	-2.19	-3.20	-0.51	-0.83	-1.24
Shares Outstanding	279.04	266.27	155.93	139.71	139.71	116.85
Free Cash Flow	-42.98	16.66	-153.65	-275.75	-270.8	-76.91
Free Cash Flow Per Share	-0.21	0.10	-1.09	-1.97	-2.29	-1.02
Gross Margin	7.60%	7.36%	41.74%	-	-	-
Operating Margin	-26.55%	-31.06%	-2685.45%	-	-	-
Profit Margin	-38.46%	-47.68%	-3341.98%	-	-	-
FCF Margin	-4.89%	2.21%	-5222.54%	-	-	-
EBITDA	-129.74	-141.27	-68.55	-62.18	-122.01	-75.51
EBITDA Margin	-14.75%	-18.70%	-2330.08%	-	-	-
EBIT	-233.46	-234.57	-79.01	-65.53	-122.49	-75.63
EBIT Margin	-26.55%	-31.06%	-2685.45%	-	-	-
Effective Tax Rate	-5.17%	-5.69%	-19.09%	2.43%	0.00%	0.00%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q