T1 Energy (TE) Tax Rate (2023 - 2026)
T1 Energy's (TE) quarterly Tax Rate came in at 2.16% in Q2 2026, down 1825.0% on a YoY basis from 0.13% in Q2 2025, and up 64.18% quarter-over-quarter from 6.03% in Q1 2026.
Analysis
T1 Energy (TE) Tax Rate (2023 - 2026) Analysis & Trends
T1 Energy (TE) has reported Tax Rate for 4 consecutive years, with 2.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1825.0% year-over-year to 2.16%; the trailing twelve-month figure through Jun 2026 stood at 3.14% (down 1957.0% YoY), and the FY2025 full-year result was 5.69%, down 1340.0% from the prior year.
- Tax Rate grew to 2.16% in Q2 2026 per TE's latest filing, from 6.03% in the prior quarter.
- Across five years, Tax Rate topped out at 33.74% in Q4 2024 and bottomed at 6.03% in Q1 2026.
- Historically, Tax Rate has averaged 6.93% across 4 years, with a median of 0.11% in 2024.
- The sharpest annual moves came in 2024 and 2026: Tax Rate surged 3340 bps in 2024, then plunged 3467 bps in 2026.
- Over 4 years, Tax Rate stood at 0.34% in 2023, then surged by 9746 bps to 33.74% in 2024, then tumbled by 102 bps to 0.77% in 2025, then tumbled by 181 bps to 2.16% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 2.16%, 6.03%, and 0.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 41.71% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -8.19% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -2.16% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 24.26% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 23.33% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -12.60% |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -18.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.16% |
| Mar 31, 2026 | -6.03% |
| Dec 31, 2025 | -0.77% |
| Sep 30, 2025 | 8.65% |
| Jun 30, 2025 | 16.09% |
| Mar 31, 2025 | 28.64% |
| Dec 31, 2024 | 33.74% |
| Jun 30, 2024 | -0.11% |
| Dec 31, 2023 | 0.34% |
| Jun 30, 2023 | -0.55% |
| Mar 31, 2023 | -1.60% |