T1 Energy (TE-WT) Operating Expenses (2023 - 2026)

T1 Energy (TE-WT) reported Operating Expenses of $51.6 million for Q1 2026, up 18.93% on a YoY basis from $43.4 million in Q1 2025, and down 27.25% quarter-over-quarter from $70.9 million in Q4 2025.

T1 Energy (TE-WT) Operating Expenses (2023 - 2026) Analysis & Trends

T1 Energy has reported Operating Expenses for 4 years, with the latest figure at $51.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 18.93% year-over-year to $51.6 million; the trailing twelve-month figure through Mar 2026 stood at $300.3 million (up 138.93% YoY), and the FY2025 full-year result was $290.1 million, up 261.63% from the prior year.
  • Operating Expenses for Q1 2026 stood at $51.6 million, down from $70.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $115.9 million in Q3 2025, with the low at $17.4 million in Q3 2024.
  • Historically, Operating Expenses has averaged $46.4 million across 4 years, with a median of $35.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses sank 50.31% — and 2025, when it jumped 566.04%.
  • T1 Energy's Operating Expenses stood at $39.1 million in 2023, then slipped by 12.61% to $34.1 million in 2024, then surged by 107.66% to $70.9 million in 2025, then declined by 27.25% to $51.6 million in 2026.
  • The last three Operating Expenses figures came in at $51.6 million (Q1 2026), $70.9 million (Q4 2025), and $115.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 249.90 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 132.60 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 16.90 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 30.13 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 387.40 Mn
10 T1 Energy - - 29.08 Mn 51.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 51.59 Mn
Dec 31, 2025 70.91 Mn
Sep 30, 2025 115.87 Mn
Jun 30, 2025 61.97 Mn
Mar 31, 2025 43.38 Mn
Dec 31, 2024 34.15 Mn
Sep 30, 2024 17.40 Mn
Jun 30, 2024 30.78 Mn
Mar 31, 2024 34.80 Mn
Dec 31, 2023 39.08 Mn
Sep 30, 2023 35.01 Mn
Jun 30, 2023 34.03 Mn
Mar 31, 2023 34.87 Mn