---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-26-000108"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:34:28.774812+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Solar Q1 net sales $1.04B (+24% YoY), EPS $3.22 (+65% YoY); reaffirms guidance

## Summary
- Net sales $1.04B, +24% YoY; net income $347M ($3.22 diluted EPS, +65% YoY).
- Adjusted EBITDA $520M, above top end of Q1 preview range; vs $379M in Q1 2025.
- Net cash $2.0B (down from $2.4B at year-end) due to working capital and capex for SC finishing facility.
- Contracted backlog 47.9 GW as of March 31, 2026.
- Record Q1 revenue and record sales in India; 2026 guidance reaffirmed.

## SEC filing metadata
- accession: 0001274494-26-000108
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449426000108/0001274494-26-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449426000108/fslr-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-26-000108
- JSON: https://secwatch.observer/filing/0001274494-26-000108.json
- Plain text: https://secwatch.observer/filing/0001274494-26-000108.txt

## Key facts
- Earnings Releases
  FIRST SOLAR, INC. reported the first quarter ended March 31, 2026 results: revenue $1.04 billion, net income $347 million, EPS $3.22 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $1.04 billion
  - Net income: $347 million
  - EPS: $3.22 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1274494/000127449426000108/0001274494-26-000108-index.htm

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