T1 Energy Misses Q1 Earnings Estimates by $0.90 Per Share

Utilities provider reports $0.87 loss per share, falling short of $0.03 profit forecast.

Apr. 1, 2026 at 2:41pm

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T1 Energy (NYSE:TE), a utilities provider, reported a loss of $0.87 per share for the first quarter, missing analysts' consensus estimate of $0.03 earnings per share by $0.90. The company had revenue of $358.55 million for the quarter.

Why it matters

T1 Energy's disappointing earnings results reflect ongoing challenges in the utilities sector, including rising costs and volatility in energy markets. The significant earnings miss raises concerns about the company's financial performance and ability to execute on its strategic plans.

The details

T1 Energy reported a net loss of $0.87 per share for the first quarter, compared to a loss of $2.59 per share in the same period last year. The company's revenue for the quarter was $358.55 million. Analysts had expected T1 Energy to report earnings of $0.03 per share.

  • T1 Energy released its quarterly earnings results on Tuesday, April 1, 2026.
  • The company's earnings missed analysts' consensus estimate for the quarter.

The players

T1 Energy

A utilities provider that is building an integrated supply chain for solar and batteries. The company is based in New York.

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What’s next

Investors will be closely watching for any updates from T1 Energy on its plans to address the factors that led to the significant earnings miss, as well as the company's outlook for the rest of the year.

The takeaway

T1 Energy's first-quarter earnings miss highlights the difficulties facing utilities providers in the current market environment. The company will need to find ways to improve its financial performance and operational efficiency to regain investor confidence.