For the quarter ending 2025-09-30, TE made $210,522,000 in revenue. -$140,822,000 in net income. Net profit margin of -66.89%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total net sales | 210,522,000 | 132,767,000 | 53,452,000 | 735,500 |
| Cost of sales | 189,374,000 | 100,006,000 | 35,671,000 | 428,500 |
| Gross profit | 21,148,000 | 32,761,000 | 17,781,000 | 307,000 |
| Selling, general and administrative | 62,663,000 | 61,972,000 | 41,392,000 | - |
| Impairment of intangible assets | 53,208,000 | - | - | - |
| General and administrative expenses | - | - | - | 18,872,750 |
| Total operating expenses | 115,871,000 | - | - | - |
| Operating loss from continuing operations | -94,723,000 | -29,211,000 | -23,611,000 | -18,565,750 |
| Warrant liability fair value adjustment | 1,521,000 | -220,000 | 1,567,000 | - |
| Derivative liabilities fair value adjustment | -30,868,000 | 1,048,000 | 25,229,000 | -3,726,250 |
| Loss on settlement of warrant liability | -5,836,000 | - | - | - |
| Interest (expense) income, net | -9,395,000 | -8,045,000 | -9,853,000 | 848,250 |
| Foreign currency transaction (loss) gain | 2,000 | -30,000 | -14,000 | 140,750 |
| Warrant liability fair value adjustment | - | - | - | -322,750 |
| Other (expense) income, net | -377,000 | -1,369,000 | 34,000 | 1,525,750 |
| Total other (expense) income | -44,953,000 | -8,616,000 | 16,963,000 | -1,534,250 |
| Loss from continuing operations before income taxes | -139,676,000 | -37,827,000 | -6,648,000 | -20,100,000 |
| Income tax benefit (expense) | -12,083,000 | -5,979,000 | -2,513,000 | -3,940,000 |
| Net loss from continuing operations | -127,593,000 | -31,848,000 | -4,135,000 | -16,160,000 |
| Net loss from discontinued operations, net of tax | -2,966,000 | -61,000 | -12,104,000 | -96,478,500 |
| Net loss | -130,559,000 | -31,909,000 | -16,239,000 | -112,638,500 |
| Foreign currency translation adjustments | - | 13,482,000 | 26,065,000 | -10,037,250 |
| Net loss attributable to non-controlling interests | 0 | - | - | - |
| Total comprehensive loss | - | -18,427,000 | 9,826,000 | -122,675,750 |
| Preferred stock dividends and accretion | 819,000 | - | - | - |
| Preferred dividends and accretion | - | 891,000 | 891,000 | 21,750 |
| Preferred stock deemed dividend | 7,777,000 | - | - | - |
| Comprehensive loss attributable to non-controlling interests | - | 0 | 0 | -100,500 |
| Deemed dividend related to amendment of tranche right | 1,667,000 | - | - | - |
| Comprehensive loss attributable to common stockholders | - | -19,318,000 | 8,935,000 | -122,597,000 |
| Net loss attributable to common stockholders | -140,822,000 | - | - | - |
| Net loss per share - basic (in usd per share) | -0.87 | -0.21 | -0.11 | -0.8 |
| Net loss per share - diluted (in usd per share) | -0.87 | -0.21 | -0.11 | -0.8 |
| Weighted average shares of common stock outstanding - basic (in shares) | 160,977,000 | 155,938,000 | 155,933,000 | 35,134,500 |
| Weighted average shares of common stock outstanding - diluted (in shares) | 160,977,000 | 155,938,000 | 155,933,000 | 35,134,500 |
T1 Energy Inc. (TE)
T1 Energy Inc. (TE)