T1 Energy (TE) Operating Expenses (2023 - 2026)
T1 Energy's (TE) quarterly Operating Expenses came in at $71.9 million in Q2 2026, up 12.1% on a YoY basis from $64.1 million in Q2 2025, and up 39.33% quarter-over-quarter from $51.6 million in Q1 2026.
Analysis
T1 Energy (TE) Operating Expenses (2023 - 2026) Analysis & Trends
T1 Energy (TE) has reported Operating Expenses for 4 consecutive years, with $71.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 12.1% year-over-year to $71.9 million; the trailing twelve-month figure through Jun 2026 stood at $310.3 million (up 95.07% YoY), and the FY2025 full-year result was $290.1 million, up 261.63% from the prior year.
- Operating Expenses grew to $71.9 million in Q2 2026 per TE's latest filing, from $51.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $115.9 million in Q3 2025 and bottomed at $17.4 million in Q3 2024.
- Historically, Operating Expenses has averaged $48.4 million across 4 years, with a median of $37.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 50.31% in 2024, then surged 566.04% in 2025.
- Over 4 years, Operating Expenses stood at $39.1 million in 2023, then declined by 12.61% to $34.1 million in 2024, then jumped by 107.66% to $70.9 million in 2025, then gained by 1.36% to $71.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $71.9 million, $51.6 million, and $70.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.23 Bn | 20.50 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 12.26 Bn | 11.05 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 4.88 Bn | 3.94 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Solaredge Technologies | 2.18 Bn | 1.60 Bn | 95.15 Mn | 111.20 Mn |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | 71.88 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 878.49 Mn | -588.02 Mn | 168.48 Mn | 239.53 Mn |
| 8 | Array Technologies | 699.32 Mn | 392.02 Mn | 99.60 Mn | 64.84 Mn |
| 9 | JinkoSolar Holding | 608.56 Mn | -2.07 Bn | 75.62 Mn | -287.32 Mn |
| 10 | Toyo | 132.14 Mn | 22.09 Mn | 36.97 Mn | -14.41 Mn |
Historic Data
Download Data
Historic 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 | 64.12 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 |