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| Date | Value |
|---|---|
| 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 |