---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-23-000021"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:49:02.756645+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# First Solar Q2 EPS $1.59, net sales $811M; guides FY EPS $7-8 unchanged

## Summary
- Net sales $811M (+$262M QoQ); diluted EPS $1.59 vs $0.40 in Q1.
- YTD net bookings 21.1 GW; backlog 77.8 GW expected volume sold.
- Up to $1.1B investment in new 3.5 GW Series 7 US manufacturing facility.
- FY 2023 guidance: net sales $3.4-3.6B, EPS $7-8 unchanged; operating expenses raised to $450-475M.
- Net cash balance guided to $1.5-1.8B (up from $1.2-1.5B); capex lowered to $1.7-1.9B.

## SEC filing metadata
- accession: 0001274494-23-000021
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449423000021/0001274494-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449423000021/fslr-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-23-000021
- JSON: https://secwatch.observer/filing/0001274494-23-000021.json
- Plain text: https://secwatch.observer/filing/0001274494-23-000021.txt

## Key facts
- Earnings Releases
  FIRST SOLAR, INC. reported the second quarter ended June 30, 2023 results: revenue $811 million, EPS $1.59. Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $811 million
  - EPS: $1.59
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales for the second quarter were $811 million, an increase of $262 million from the prior quarter. The increase was primarily driven by an increase in the volume of modules sold, including the commencement of sales of the Company’s next-generation Series 7 modules, and an increase in the average selling price (“ASP”) of our modules. The Company reported second quarter net income per diluted share of $1.59, compared to net income per diluted share of $0.40 in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1274494/000127449423000021/0001274494-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.