---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-25-000032"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:30:21.038563+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Solar Q1 EPS $1.95 on $0.8B sales; cuts FY25 guidance on new tariffs

## Summary
- Net sales $0.8B, down from $1.5B in Q4 2024 due to seasonal module volume drop.
- Net income per diluted share $1.95 vs $3.65 in prior quarter.
- Net cash balance fell to $0.4B from $1.2B at year-end, driven by LA facility capex.
- FY25 guidance cut: revenue now $4.5B-$5.5B (prior $5.3B-$5.8B); EPS $12.50-$17.50 (prior $17.00-$20.00).
- YTD net bookings 0.7 GW at avg. 30.5¢/watt; total backlog 66.3 GW.

## SEC filing metadata
- accession: 0001274494-25-000032
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449425000032/0001274494-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449425000032/fslr-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-25-000032
- JSON: https://secwatch.observer/filing/0001274494-25-000032.json
- Plain text: https://secwatch.observer/filing/0001274494-25-000032.txt

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