FIRST SOLAR, INC.

First Solar announced its third quarter 2026 financial results, reporting net sales of $1.23 billion, a 23% decrease year-over-year, but net income increased 25% to $571 million, or $5.30 per diluted share. The company also updated its 2026 guidance, lowering volume and net sales expectations. In a significant move, the board of directors authorized a $500 million share repurchase program.

First Solar reported strong financial results for the second quarter and first six months of 2026, with significant increases in net income and diluted EPS. The company successfully reduced its long-term debt to zero. Additionally, First Solar benefited from government grants, including receiving $117.6 million in Section 45X tax credits and initiating recovery of IEEPA tariffs.

First Solar, Inc. announced its second quarter 2026 financial results, reporting net sales of $1.06 billion, a 4% decrease year-over-year. Despite the sales dip, net income per diluted share increased by 23% to $3.92, and Adjusted EBITDA grew to $644 million. The company also reaffirmed its full-year 2026 guidance for net sales and Adjusted EBITDA, and provided an outlook for third-quarter Adjusted EBITDA.

First Solar, Inc. reported strong first-quarter 2026 financial results, with net sales increasing 23.6% to $1.04 billion and net income surging 65.4% to $346.6 million. Diluted earnings per share reached $3.22, significantly up from $1.95 in the prior year period. The company also saw a substantial improvement in net cash used in operating activities and continued to benefit from Section 45X tax credits, receiving $117.6 million during the quarter.

First Solar, Inc. announced strong financial results for Q1 2026, with net sales increasing 24% year-over-year to $1.04 billion and diluted EPS rising 65% to $3.22. The company also reported Adjusted EBITDA of $520 million and a contracted sales backlog of 47.9 GW. First Solar reaffirmed its full-year 2026 guidance and provided an outlook for Q2 2026.