---
title: "Why Is T1 Energy Stock Gaining Tuesday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286106828.md"
description: "T1 Energy Inc. (NYSE:TE) shares surged 13% in premarket trading after reporting Q1 2026 results that exceeded Wall Street expectations. The company posted a loss of 8 cents per share, better than the anticipated 14 cents, with revenue of $177.65 million surpassing estimates. T1's G2_Austin solar facility construction is on track, and financing efforts are underway for a $225 million funding requirement. The company maintains a production outlook of 3.1 to 4.2 gigawatts for 2026, with strong customer demand for its products."
datetime: "2026-05-12T13:10:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286106828.md)
  - [en](https://longbridge.com/en/news/286106828.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286106828.md)
---

# Why Is T1 Energy Stock Gaining Tuesday?

**T1 Energy** **Inc.** (NYSE:TE) shares rose in premarket trading Tuesday after the company reported first-quarter 2026 results that topped Wall Street estimates.

## Earnings Beat Expectations

The company reported a first-quarter loss of 8 cents per share, beating analyst estimates for a loss of 14 cents per share. Revenue came in at $177.65 million, above the consensus estimate of $128.75 million.

T1 posted a net loss attributable to common stockholders of $21.41 million, compared with a loss of $17.13 million in the year-ago quarter.

Adjusted EBITDA improved to $9.13 million from a loss of $4.00 million a year earlier, driven by stronger-than-expected production and sales at its G1\_Dallas facility, a higher mix of fixed-margin and cost-plus contracts, and lower third-party costs.

As of March 31, 2026, the company had cash, cash equivalents, and restricted cash totaling $123.67 million.

## G2\_Austin Project Progress

T1 said construction of its 2.1-gigawatt G2\_Austin solar cell facility remains on schedule, with completion timelines unchanged.

During the quarter, the company ordered key long-lead equipment, advanced site and infrastructure work, began concrete construction in April, and finalized engineering design packages in early May.

Structural steel installation is expected to begin later this month, while initial production remains targeted for the fourth quarter of 2026.

## Financing And Capital Plans

The company said financing efforts are progressing and that it expects to secure a comprehensive funding package in the second quarter of 2026, including a significant debt component for G2\_Austin Phase 1.

Following its April 2026 convertible notes offering, which generated about $174.7 million in net proceeds, T1 estimated the remaining Phase 1 funding requirement at roughly $225 million.

## Production Outlook And Customer Demand

T1 maintained its 2026 production guidance at 3.1 gigawatts to 4.2 gigawatts from G1\_Dallas. The company said it remains positioned to achieve the upper end of the range as it continues qualifying international cell suppliers.

Management also cited incremental customer demand for integrated high-domestic-content G1\_Dallas/G2\_Austin modules, with indicative demand for 2027 and 2028 already exceeding expected production capacity.

## Stock Price Action

**TE Price Action:** T1 Energy shares were up 13.08% at $6.83 during premarket trading on Tuesday, according to Benzinga Pro data.

_Photo via Shutterstock_

### Related Stocks

- [TE.US](https://longbridge.com/en/quote/TE.US.md)
- [TE+.US](https://longbridge.com/en/quote/TE+.US.md)

## Related News & Research

- [BUZZ-T1 Energy slides after Fuzzy Panda flags short position](https://longbridge.com/en/news/286923918.md)
- [BUZZ-Solar co T1 Energy rises after upsized $160 mln convertible deal](https://longbridge.com/en/news/282839760.md)
- [Bausch Health Announces 2026 Annual Meeting of Shareholder Results | BHC Stock News](https://longbridge.com/en/news/286961143.md)
- [00:30 ETGameChange Solar Announces Partnership with First Solar to Support Next Phase of Utility-Scale Solar Growth in India](https://longbridge.com/en/news/286853616.md)
- [Solar set to overtake coal by 2032 amid AI power boom](https://longbridge.com/en/news/286954888.md)