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30.04.26 - 22:36
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First Solar, Inc. Q1 Profit Advances (AFX)
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TEMPE (dpa-AFX) - First Solar, Inc. (FSLR) announced earnings for its first quarter that Increased, from the same period last yearThe company's earnings came in at $346.61 million, or $3.22 per sh......
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30.04.26 - 22:03
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First Solar, Inc. Announces First Quarter 2026 Financial Results and Reaffirms Guidance (Business Wire)
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Net sales of $1.04 billion, an increase of 24% year-over-year
Net income per diluted share of $3.22, an increase of 65% year-over-year
Adjusted EBITDA1 of $520 million
Gross cash balance of $2.4 billion and net cash balance of $2.0 billion
Contracted sales backlog of 47.9 GW as of March 31, 2026
PHOENIX--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) (the “Company”), America's leading PV solar technology and manufacturing company, today announced financial results for the first quarter ended March 31, 2026 and reaffirmed its 2026 guidance.
Net sales were $1.04 billion for the first quarter of 2026, a 24% increase compared to the first quarter of 2025, driven primarily by an increase in the volume of modules sold to third parties.
The Company reported first quarter net income of $347 million, or $3.22 per diluted share, compared to $210 million, or $1.95 per diluted share, in the first quarter of 2025. Adjusted EBITDA was $520 million compared to $379 million in the first quarter of 2025.
Net cash ...
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