T1 Energy

Q2 FY2026 EarningsQ2 FY2026 revenue of $250.1M significantly beat consensus of $198.8M (+25.8% variance), driven by strong Dallas module production and a $24.4M tariff refund benefit. Despite the top-line beat, GAAP EPS of -$0.16 missed the -$0.115 consensus due to higher-than-expected operating expenses and losses from discontinued operations. Management raised the full-year G1_Dallas production target to the high end of the 3.1-4.2 GW range, while capital expenditure for G2_Austin Phase 1 remains high at $510M.