In Q1 FY2026, First Solar reported revenue of $1.04 billion, up 23.6% year-over-year. Net income surged 65.4% to $346.6 million, with diluted EPS of $3.22. Operating income rose 56.1% to $345.3 million. The company held $2.36 billion in cash and $9.88 billion in equity, with long-term debt of $237.2 million.
•Revenue grew 23.6% YoY to $1.04 billion.
•Net income increased 65.4% to $346.6 million.
•Diluted EPS rose 65.1% to $3.22.
•Cash and equity stood at $2.36 billion and $9.88 billion, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
First Solar, Inc., a solar technology company provides photovoltaic (PV) solar energy solutions globally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules.
It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and system owners and operators. Founded in 1999 and headquartered in Phoenix, Arizona, First Solar was formerly known as First Solar Holdings, Inc. before rebranding in 2006.
First Solar, Inc. is a solar technology company that provides photovoltaic (PV) solar energy solutions globally. The company manufactures and sells PV solar modules using thin film semiconductor technology, specifically cadmium telluride solar modules that convert sunlight into electricity. Unlike conventional crystalline silicon PV modules, First Solar's thin film technology offers a different approach to solar energy generation. The company serves a diverse customer base including system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and system owners and operators. Founded in 1999 and headquartered in Phoenix, Arizona, First Solar was originally known as First Solar Holdings, Inc. before rebranding in 2006.
Where is First Solar (FSLR) listed and in which currency?
First Solar, Inc. is listed on the Nasdaq Global Select Market under the ticker symbol FSLR. The exchange is NasdaqGS, which is part of the Nasdaq stock exchange in the United States. The company trades in US Dollars (USD), as its primary operations and headquarters are based in the United States. Being listed on a major US exchange provides liquidity and visibility to global investors. The currency denomination in USD is typical for US-based companies and allows for straightforward comparison with other US-listed equities.
What sector and industry does First Solar (FSLR) operate in?
First Solar operates in the Technology sector and specifically within the Solar industry. As a solar technology company, it focuses on photovoltaic (PV) solar energy solutions, which places it at the intersection of technology and renewable energy. The company's core business involves manufacturing PV solar modules using thin film semiconductor technology, particularly cadmium telluride modules. This industry is part of the broader clean energy and renewable energy sector, which has been growing due to increasing demand for sustainable power sources. First Solar's technology differs from traditional crystalline silicon solar panels, offering unique advantages in certain applications.
Where is First Solar (FSLR) headquartered and what markets does it serve?
First Solar is headquartered in Phoenix, Arizona, United States. The company serves markets globally, providing photovoltaic solar energy solutions to customers around the world. Its customer base includes system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and system owners and operators. While the company is based in the US, its operations and sales extend internationally, making it a key player in the global solar energy market. The company was founded in 1999 and has since grown to become a significant manufacturer of thin film solar modules.
How does First Solar (FSLR) make money?
First Solar generates revenue primarily through the manufacture and sale of photovoltaic (PV) solar modules. The company designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity using thin film semiconductor technology. These modules are sold to a variety of customers including system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and system owners and operators. By providing solar energy solutions globally, First Solar earns income from the sale of its modules. The company's thin film technology offers an alternative to conventional crystalline silicon PV modules, which may appeal to customers seeking different performance characteristics or cost structures.