T1 Energy (TE) Tax Rate (2023)
T1 Energy (TE) reported Tax Rate of -2.16% for Q2 2026, down 18.25 percentage points from 16.09% a year earlier but up 3.87 percentage points from the prior quarter.
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Analysis
T1 Energy (TE) Tax Rate (2023) Analysis & Trends
Over the twelve months ended Jun 30, 2026, T1 Energy's Tax Rate came in at 3.14%, down 19.57 percentage points year-over-year; for FY2025, it came in at 5.69%, down 13.40 percentage points from FY2024.
- By year, Tax Rate came in at 19.09% in FY2024 (+21.52 pp) and -2.43% in FY2023.
- Five-year quarterly Tax Rate spans a low of -6.03% in Q1 2026 and a high of 33.74% in Q4 2024.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of -7.57 percentage points over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at -6.03% (Q1 2026), -0.77% (Q4 2025) and 8.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 21.56% |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 16.88% |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 24.61% |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 28.32% |
| 10 | T1 Energy | 690.52 Mn | 348.45 Mn | 49.10 Mn | - |
API Access
T1 Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();