Filing Flows › T1 Energy (TE) › Q1 2025
T1 Energy (TE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
T1 Energy (TE) reported revenue of $53.5M for the first quarter 2025 (Q1 2025) and up 18-fold from the quarter before. Operating margin was -44.2%, net loss $16.2M (30.4% of revenue).
T1 Energy, Q1 2025: revenue $53.5M, operating margin -44.2%, net loss $16.2M, operating cash flow −$44.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $53.5M | 18× | — |
| Operating profit | −$23.6M | — | — |
| Net earnings | −$16.2M | — | — |
| Operating cash flow | −$44.8M | — | — |
What changed
Revenue was $53.5M in Q1 2025, up 1717% from the previous quarter.
Gross margin was 33.3%. Operating costs exceeded revenue by $23.6M, an operating margin of -44.2%. The quarter ended with a net loss of $16.2M, narrower than the previous quarter's $367.1M loss. Non-operating items added $4.9M, -26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$44.8M. Non-cash charges added back $14.7M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $47.2M. Capital expenditures of $29.1M exceeded it, leaving free cash flow of −$74.0M.
Questions
What was T1 Energy's revenue in the first quarter 2025?
T1 Energy (TE) reported revenue of $53.5M for the first quarter 2025 (Q1 2025) and up 18-fold from the quarter before.
Was T1 Energy profitable in the first quarter 2025?
Operating loss was $23.6M (-44.2% of revenue) and net loss $16.2M.
Source: T1 Energy 10-Q on SEC EDGAR.