vs
Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and T1 Energy Inc. (TE). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $210.5M, roughly 1.7× T1 Energy Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -62.0%, a 66.7% gap on every dollar of revenue.
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.
APOG vs TE — Head-to-Head
Income Statement — Q4 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $210.5M |
| Net Profit | $16.6M | $-130.6M |
| Gross Margin | 22.4% | 10.0% |
| Operating Margin | 7.3% | -45.0% |
| Net Margin | 4.7% | -62.0% |
| Revenue YoY | 1.6% | — |
| Net Profit YoY | 568.8% | -375.2% |
| EPS (diluted) | $0.78 | $-0.87 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | — | ||
| Q3 25 | $358.2M | $210.5M | ||
| Q2 25 | $346.6M | $132.8M | ||
| Q1 25 | $345.7M | $53.5M | ||
| Q4 24 | $341.3M | — | ||
| Q3 24 | $342.4M | $0 | ||
| Q2 24 | $331.5M | $0 |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | — | ||
| Q3 25 | $23.6M | $-130.6M | ||
| Q2 25 | $-2.7M | $-31.9M | ||
| Q1 25 | $2.5M | $-16.2M | ||
| Q4 24 | $21.0M | — | ||
| Q3 24 | $30.6M | $-27.5M | ||
| Q2 24 | $31.0M | $-27.0M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | 10.0% | ||
| Q2 25 | 21.7% | 24.7% | ||
| Q1 25 | 21.6% | 33.3% | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | -45.0% | ||
| Q2 25 | 2.0% | -22.0% | ||
| Q1 25 | 1.8% | -44.2% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 6.6% | -62.0% | ||
| Q2 25 | -0.8% | -24.0% | ||
| Q1 25 | 0.7% | -30.4% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 8.9% | — | ||
| Q2 24 | 9.4% | — |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | $-0.87 | ||
| Q2 25 | $-0.13 | $-0.21 | ||
| Q1 25 | $0.12 | $-0.11 | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | $-0.20 | ||
| Q2 24 | $1.41 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | $34.1M |
| Total DebtLower is stronger | $232.3M | $547.3M |
| Stockholders' EquityBook value | $511.8M | $96.9M |
| Total Assets | $1.1B | $1.4B |
| Debt / EquityLower = less leverage | 0.45× | 5.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | — | ||
| Q3 25 | $39.5M | $34.1M | ||
| Q2 25 | $32.8M | $8.5M | ||
| Q1 25 | $41.4M | $48.9M | ||
| Q4 24 | $43.9M | — | ||
| Q3 24 | $51.0M | $181.9M | ||
| Q2 24 | $30.4M | $219.6M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $547.3M | ||
| Q2 25 | — | $591.2M | ||
| Q1 25 | $285.0M | $603.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | — | ||
| Q3 25 | $500.2M | $96.9M | ||
| Q2 25 | $481.8M | $183.9M | ||
| Q1 25 | $487.9M | $201.9M | ||
| Q4 24 | $522.1M | — | ||
| Q3 24 | $506.4M | $538.7M | ||
| Q2 24 | $480.0M | $561.6M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $917.1M | $615.0M | ||
| Q2 24 | $889.0M | $644.4M |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 5.65× | ||
| Q2 25 | — | 3.21× | ||
| Q1 25 | 0.58× | 2.99× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $122.5M | $63.9M |
| Free Cash FlowOCF − Capex | — | $55.0M |
| FCF MarginFCF / Revenue | — | 26.1% |
| Capex IntensityCapex / Revenue | 7.8% | 4.2% |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-42.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | — | ||
| Q3 25 | $57.1M | $63.9M | ||
| Q2 25 | $-19.8M | $33.4M | ||
| Q1 25 | $30.0M | $-44.8M | ||
| Q4 24 | $31.0M | — | ||
| Q3 24 | $58.7M | $-28.4M | ||
| Q2 24 | $5.5M | $-28.0M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | $55.0M | ||
| Q2 25 | $-26.9M | $10.6M | ||
| Q1 25 | $19.1M | $-74.0M | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | $-34.0M | ||
| Q2 24 | $-1.8M | $-35.6M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | 26.1% | ||
| Q2 25 | -7.8% | 8.0% | ||
| Q1 25 | 5.5% | -138.4% | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | -0.5% | — |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | 4.2% | ||
| Q2 25 | 2.1% | 17.2% | ||
| Q1 25 | 3.2% | 54.5% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.2% | — |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
