Form 8-K · Current report
First Solar 8-K, filed Jul 30, 2026
- Filed
- CIK
- 0001274494
- Accession no.
- 0001274494-26-000169
Summary
First Solar reported second-quarter 2026 net sales of $1.06 billion, down 4% year over year, and net income of $423 million, or $3.92 per diluted share, up from $342 million a year earlier, while reaffirming its 2026 guidance. CEO Mark Widmar said the company delivered record second-quarter and first-half sales volume, surpassed 100 GW of cumulative module sales, and ended the quarter with approximately 45.1 GW of contracted backlog extending through 2030.
Key points
- First Solar reported second-quarter 2026 net sales of $1.06 billion, down 4% year over year, and net income of $423 million, or $3.92 per diluted share, up from $342 million, or $3.18 per diluted share, a year earlier.
- Adjusted EBITDA was $644 million for the quarter, compared with $560 million in the second quarter of 2025.
- First Solar reaffirmed its 2026 guidance, including net sales of $4.9 billion to $5.2 billion and Adjusted EBITDA of $2.6 billion to $2.8 billion, and forecast third-quarter module sales of 3.9 GW to 4.5 GW and Adjusted EBITDA of $625 million to $775 million.
- Net cash balance was $1.7 billion as of June 30, 2026, down from $2.4 billion as of December 31, 2025, driven by seasonal working-capital needs and capital expenditures primarily for its South Carolina finishing facility.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition On July 30, 2026, First Solar, Inc. is issuing a press release and holding a conference call regarding its financial results for the second quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. The information in this Form 8-K and in Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall…
An excerpt of the text as filed with the SEC, cut for length.
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