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.
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From First Solar's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$5.22B
+24.1%
$14.21
+18.2%
29.3%
FY2024
$4.21B
+26.7%
$12.02
+55.3%
30.7%
FY2023
$3.32B
+26.7%
$7.74
—
25.0%
FY2022
$2.62B
-10.4%
$-0.41
-109.4%
-1.7%
FY2021
$2.92B
+7.8%
$4.38
+17.4%
16.0%
Frequently asked questions
When is First Solar's next earnings date?
First Solar has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did First Solar earn last quarter?
For the quarter ended Sep 2026, First Solar reported diluted EPS of $5.30 (+25.0% year over year) on revenue of $1.23B (-22.8%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.