Filing Flows › T1 Energy (TE) › Q4 2025
T1 Energy (TE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
T1 Energy (TE) reported revenue of $359M for the fourth quarter 2025 (Q4 2025), up 122-fold from a year earlier and +70% from the quarter before. Operating margin was -24.3%, net loss $189M (52.7% of revenue).
T1 Energy, Q4 2025: revenue $359M (122× year over year), operating margin -24.3%, net loss $189M, operating cash flow $43.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $359M | +70% | 122× |
| Operating profit | −$87.0M | — | — |
| Net earnings | −$189M | — | — |
| Operating cash flow | $43.0M | -33% | — |
| Free cash flow | $25.0M | -55% | — |
What changed
Revenue was $358.6M in Q4 2025, up 12087% year over year and up 70% from the previous quarter.
Operating costs exceeded revenue by $87.0M, an operating margin of -24.3%. The fastest-growing cost line was SG&A (+109%). The quarter ended with a net loss of $189.1M, wider than the previous quarter's $130.6M loss. Net interest and other expense of $100.9M was the main reason.
Operating cash flow was $43.0M. Non-cash charges added back $24.7M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $203.2M. Capital expenditures of $18.0M left free cash flow of $25.0M.
Questions
What was T1 Energy's revenue in the fourth quarter 2025?
T1 Energy (TE) reported revenue of $359M for the fourth quarter 2025 (Q4 2025), up 122-fold from a year earlier and +70% from the quarter before.
Was T1 Energy profitable in the fourth quarter 2025?
Operating loss was $87.0M (-24.3% of revenue) and net loss $189M.
Source: T1 Energy 10-K on SEC EDGAR.