$TER First-quarter earnings far exceeded expectations
• Revenue: $250 million vs. the expected $199 million
• Earnings per share: (0.16 USD) compared with the expected (0.10 USD)
• EBITDA: $11 million vs. the expected $10 million
• G1 Dallas generation output: 935 MW
• Cash: $156 million
FY2026 guidance
• G1 Dallas power plant production: expected to be at the higher end within the 3.1–4.2 GW range
• G2 Austin Phase 1 capital expenditures: $510 million
T1 Energy’s 2.1 GW G2_Austin solar cell factory “is still on track” to achieve initial production in the first quarter of 2027.
Phase 1 capital expenditures are expected to be $510 million, including 20% contingency funding. This is partly due to labor and materials shortages driven by Texas’s booming data center market, and early production line equipment has already been shipped to the United States.
• Revenue: $250 million vs. the expected $199 million
• Earnings per share: (0.16 USD) compared with the expected (0.10 USD)
• EBITDA: $11 million vs. the expected $10 million
• G1 Dallas generation output: 935 MW
• Cash: $156 million
FY2026 guidance
• G1 Dallas power plant production: expected to be at the higher end within the 3.1–4.2 GW range
• G2 Austin Phase 1 capital expenditures: $510 million
T1 Energy’s 2.1 GW G2_Austin solar cell factory “is still on track” to achieve initial production in the first quarter of 2027.
Phase 1 capital expenditures are expected to be $510 million, including 20% contingency funding. This is partly due to labor and materials shortages driven by Texas’s booming data center market, and early production line equipment has already been shipped to the United States.