FREYR Battery specializes in the manufacturing and distribution of battery cells, supplying them for diverse applications including stationary energy storage, electric vehicles, ...
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Est. EPS $0.30 · Revenue $1.58B · 1 analysts
Est. EPS $0.00 · Revenue $2.98M
Est. EPS $0.00 · Revenue $7.76M
Est. EPS $0.00 · Revenue $25.26M
EPS $-0.08 · Revenue $177.65M
EPS $-2.19 · Revenue $168.46M
EPS $-0.87 · Revenue $90.39M
EPS $-0.21 · Revenue $66.47M
EPS $-0.11 · Revenue $53.45M
EPS $-0.98 · Revenue $2.94M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $168.5M | +5626.1% | +524.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-380.8M | +15.4% | +88.8% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +33.0% | -21.0% | -57.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -139.2% | +94.5% | -106.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -226.0% | +98.5% | -102.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $16.7M | +110.8% | -634.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +9.9% | +100.2% | -25.8% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 130.7% | -56.6% | +18.4% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.43x | +1.6% | -12.3% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $1.4B | +2.7% | -2.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -2.19 vs 0.09 | -2631.8% | — | — |
| Revenue Surprise | $168.5M vs $983.4M | -82.9% | $177.6M vs $3.0M | +5858.7% |
Operator: Good day, and thank you for standing by. Welcome to T1 Energy's First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to turn the conference over to your speaker for today. Jeff, please go ahead. Jeffrey Spittel: Good morning, and welcome to T1 Energy's First Quarter 2026 Earnings Conference Call. Before we get started, please turn to Slide 2 for our forward-looking statements disclaimer. During today's call, management may make forward-looking statements about our business. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expectations. Most of these factors are outside T1's control and are difficult to predict. Additional information about risk factors that could materially affect our business are available in our annual report on Form 10-K filed with the Securities and Exchange Commission and our other filings made with the SEC, all of which are available on the Investor Relations section of our website. Turning to Slide 3. With me today on the call are Dan Barcelo, our Chairman and CEO; Evan Calio, our Chief Financial Officer; Jaime Gualy, our Chief Operating Officer; and Andy Munro, our Chief Legal and Policy Officer. I'll now turn the call over to Dan to get us started. Daniel Barcelo: Thanks, Jeff, and welcome, everyone, to our first quarter 2026 earnings call. Our theme for today's call is taking care of business. From the beginning of our journey at T1, building our G2_Austin U.S. solar cell fab has been the bedrock of our strategy to establish T1 as a homegrown integrated domestic solar leader. Today, I'm happy to report that construction of the 2.1 gigawatt Phase 1 of G2_Austin is progressing according to schedule. Following the start of construction, we began ordering long lead items in Q4 2025 with the production line equipment, followed by the steel package order in Q1 2026. In recent weeks with engineering and design work approaching completion, the pace of construction activity on site has picked up noticeably, and we remain on schedule to achieve first cell production in Q4 2026. In April, we commenced concrete works for G2's foundation. In May, the team completed the design process by finalizing the full issue for construction package, and we expect to begin erecting the first steel later in May. With one foundational offtake commitment for G2 in hand, we have been pursuing a second contract. And while we have been financing construction of G2 Phase 1 with cash from our balance sheet and the support of our institutional investors, we are also working to agree to a comprehensive financing package for the remaining CapEx of approximately $225 million. These pursuits are T1's highest priorities, and we continue to target the announcement of the G2 financing in the second quarter. While we've been advancing our growth plans, our operations team …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Einar Gudmundsson Schie Kilde | Chief Development Officer | USD 1,572,120 | Male | 1961 | Active |
Tom-Einar Rysst Jensen | Co-Founder & Chief Executive Officer of Europe | USD 775,774 | Male | 1972 | Active |
Ryuta Kawaguchi | Chief Science Officer & Technical Fellow | USD 758,114 | Male | 1975 | Active |
Andreas Bentzen | Chief Technology Officer | USD 730,016 | Male | 1977 | Active |
Balaz Peter Matrai | Co-Founder & Director | USD 464,884 | Male | 1974 | Active |
Daniel Barcelo | Chief Executive Officer & Chairman | USD 136,821 | Male | 1971 | Active |
Amy Jaick | Head of Global Commuication | — | — | — | Active |
Evan Calio | Chief Financial Officer | — | Male | — | Active |
Tore Ivar Slettemoen | Founder & Director | — | Male | 1959 | Active |
Kristin Zwez | Senior Vice President of Global Corporate Development | — | Female | — | Active |
Gery Bonduelle | Chief Sales Officer | — | Male | 1971 | Active |
Jeffrey David Spittel | Executive Vice President of Investor Relations & Corporate Development | — | Male | — | Active |
Peter Del Vecchio | Interim Chief Legal Officer | — | — | — | Active |
Lori A. Papp | Chief Accounting Officer | — | Female | 1973 | Active |
