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AI brief of an SEC Form 8-K · First Solar (FSLR)

First Solar Q1 net sales rise 24% to $1.04 billion; 2026 guidance reaffirmed

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyFirst Solar (FSLR)
Form8-K, current report
Filed with the SECApr 30, 2026, 4:04 PM ET
Accession number0001274494-26-000108

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.