First Solar Reports Q3 2026 Results, Updates Guidance and Announces $500 Million Buyback
First Solar reported net sales of $1.23 billion, down 23% year over year, and diluted earnings per share of $5.30. The company also updated guidance and announced a $500 million share repurchase program.
Story updates
08:15:26 PM UTC
SquawkNews
First Solar Q3 revenue falls on lower module sales volumes, cuts 2026 net sales outlook
08:15:32 PM UTC
SquawkNews
First Solar reported third-quarter 2026 net sales of $1.23 billion, down 22.8% from a year earlier, while net income rose 25.2% to $571.06 million and diluted EPS increased 25% to $5.3.Financial Highlights¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted income per share…
08:21:02 PM UTC
SquawkNews
Solar panel manufacturer First Solar NASDAQ:FSLR fell short of the market’s revenue expectations in Q3 2026, with revenue falling 22.8% year on year to $1.23 billion. The company’s full-year revenue guidance of $4.75 billion at the midpoint came in 5.7% below analysts’ consensus estimates. Its GAAP…