Oct 29, 4:03 PM ET
First Solar reported third quarter 2026 net sales of $1.23 billion, down 23% year-over-year, while net income per diluted share rose 25% to $5.30. The company updated its full-year 2026 guidance, lowering net sales expectations to between $4.6 billion and $4.9 billion, and announced a new $500 million share repurchase program.
- Q3 2026 net sales were $1.23 billion, representing a 23% decrease compared to Q3 2025.
- Diluted net income per share increased 25% year-over-year to $5.30 for the third quarter.
- Full-year 2026 net sales guidance was revised to $4.6 billion to $4.9 billion, down from the prior range of $4.9 billion to $5.2 billion.
- The board of directors authorized a share repurchase program of up to $500 million on October 29, 2026.
Read the filing on SEC.gov ↗
Jul 30, 4:04 PM ET
First Solar reported second-quarter 2026 net sales of $1.06 billion, down 4% from a year earlier, mainly due to lower revenue from customer contract terminations. Net income rose to $423 million, or $3.92 per diluted share, from $342 million, or $3.18, a year earlier, and the company reaffirmed its full-year 2026 guidance without change.
- Net sales were $1.06 billion, down 4% year over year, partly offset by higher volume of modules sold to third parties.
- Net income was $423 million, or $3.92 per diluted share, versus $342 million, or $3.18, in Q2 2025.
- Adjusted EBITDA was $644 million, compared with $560 million a year earlier.
- 2026 guidance was unchanged, including net sales of $4.9 billion to $5.2 billion and Adjusted EBITDA of $2.6 billion to $2.8 billion; the net cash balance was $1.7 billion at June 30, 2026, down from $2.4 billion at December 31, 2025.
Read the filing on SEC.gov ↗
Apr 30, 4:04 PM ET
First Solar reported first-quarter 2026 net sales of $1.04 billion, up 24% from a year earlier, and net income of $347 million, or $3.22 per diluted share, versus $1.95 a year earlier. The company left its full-year 2026 guidance unchanged, which keeps its outlook for volume, sales, and Adjusted EBITDA as previously set.
- Net sales of $1.04 billion, up 24% year over year, driven mainly by higher module volume sold to third parties
- Net income of $347 million, or $3.22 per diluted share, compared with $210 million, or $1.95, in Q1 2025
- Adjusted EBITDA of $520 million, compared with $379 million a year earlier; 2026 Adjusted EBITDA guidance of $2.6 billion to $2.8 billion reaffirmed
- Net cash balance fell to $2.0 billion at March 31, 2026, from $2.4 billion at December 31, 2025
Read the filing on SEC.gov ↗
Feb 24, 4:09 PM ET
First Solar reported fourth quarter and full-year 2025 results, with net sales of $1.7 billion for the quarter and $5.2 billion for the year, up from $4.2 billion in 2024. The company also issued 2026 guidance calling for net sales of $4.9 billion to $5.2 billion and Adjusted EBITDA of $2.6 billion to $2.8 billion, which compares with 2025 Adjusted EBITDA of $2.36 billion shown in the filing's reconciliation.
- Q4 2025 net income per diluted share was $4.84, versus $3.65 in Q4 2024; full-year 2025 diluted EPS was $14.21, versus $12.02 in 2024
- 2026 guidance: volume sold of 17.0 GW to 18.2 GW, net sales of $4.9 billion to $5.2 billion, and year-end net cash balance of $1.7 billion to $2.3 billion
- Year-end 2025 net cash balance was $2.4 billion, helped by proceeds from sales of 2025 Section 45X tax credits
Read the filing on SEC.gov ↗
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