T1 Energy Reports Preliminary Q2 Net Loss Of $34M-$37M, Adjusted EBITDA Loss Of $11.5M-$14.5M And Net Sales Of $245M-$255M

Preliminary Second Quarter 2026 Results Overview Total Net Sales/Modules Sale Volumes: In Q2 2026, T1 expects to generate total sales of approximately $245 million to $255 million on module sales volumes of approximately 835 MW. Net Loss from Continuing Operations and Adjusted EBITDA Range: T1 expects a Net Loss from Continuing Operations of approximately $34.0 million to $37.0 million in Q2 2026. T1 expects Adjusted EBITDA of approximately ($14.5) million to ($11.5) million in Q2 2026, which excludes approximately $24.4 million of refunds for tariffs incurred under the International Emergency Economic Powers Act ("IEEPA"). Cash and Restricted Cash. As of June 30, 2026, T1 had cash, cash equivalents, and restricted cash of $156.4 million, of which $79.1 million was unrestricted cash. Business Update T1 acquires advanced solar intellectual property rights from Evervolt. This morning th...