First Solar Q3 net income climbs 25% to $571.06 million; Q3 net sales fall 23% to $1.23 billion

Bitget2026/10/29 20:10

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First Solar’s third-quarter 2026 net income rose 25% year over year to $571.06 million.
Net sales fell 23% to $1.23 billion, driven primarily by lower module volumes sold to third parties.
The board authorized a share repurchase program of up to $500 million, effective immediately.
Full-year 2026 net sales guidance fell to $4.6 billion–$4.9 billion from $4.9 billion–$5.2 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Solar Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261029415483) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Solar Q3 net income climbs 25% to $571.06 million; Q3 net sales fall 23% to $1.23 billion

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