8-KItem 2.02 · Results of OperationsItem 8.01 · Other EventsItem 9.01 · Financial Statements
First Solar reports higher Q3 profit, cuts 2026 sales and shipment guidance
Filed with the SEC on · Summarized by InvestorsBot
First Solar reported third-quarter 2026 net sales of $1.23 billion, down 23% year over year, while diluted EPS rose 25% to $5.30 and adjusted EBITDA increased 11% to $744 million. The company lowered its 2026 volume guidance to 16.0–17.0 GW, sales guidance to $4.6–$4.9 billion and adjusted EBITDA guidance to $2.55–$2.75 billion, while authorizing a $500 million share repurchase program; contracted backlog stood at 44.0 GW at September 30.