T1 Energy (TE) Operating Expenses (2023 - 2026)
T1 Energy's (TE) quarterly Operating Expenses came in at $51.6 million in Q1 2026, up 18.93% YoY from $43.4 million in Q1 2025, and down 27.25% on a QoQ basis from $70.9 million in Q4 2025.
T1 Energy (TE) Operating Expenses (2023 - 2026) Analysis & Trends
T1 Energy (TE) has 4 years of Operating Expenses data on file, last reported at $51.6 million in Q1 2026.
- Quarterly Operating Expenses rose 18.93% year-over-year to $51.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $300.3 million (up 138.93% YoY) and the FY2025 annual result came in at $290.1 million, up 261.63% from the prior year.
- Operating Expenses declined to $51.6 million in Q1 2026, from $70.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $115.9 million in Q3 2025 to a low of $17.4 million in Q3 2024.
- A 4-year average of $46.4 million and a median of $35.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 50.31% — and 2025, when it jumped 566.04%.
- Tracing TE's Operating Expenses over 4 years: 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 | Vertiv Holdings | 100.40 Bn | 97.29 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 56.96 Bn | 54.30 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.92 Bn | 24.52 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.81 Bn | 24.55 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.15 Bn | 9.73 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.27 Bn | 6.64 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.94 Bn | 6.41 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Plug Power | 3.21 Bn | 2.89 Bn | -1.68 Mn | 62.43 Mn |
| 10 | T1 Energy | 1.27 Bn | 1.06 Bn | 49.10 Mn | 71.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.88 Mn |
| 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 |