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Q2 2026 earnings • released • EPS beat +39.56% • Revenue miss -0.40%
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FSLR:NASDAQ
First Solar Inc
$211.03
+2.44%
(+5.02) 1D
$209.98
-0.50% (-1.05)
After hours
Closed: Jul 31, 4:00:01 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for FSLR...
Open
$212.78
High
$217.13
Low
$206.39
Mkt. cap
22.68B
Avg. vol.
1.85M
Volume
3.43M
P/E ratio
13.63
52-wk high
$320.95
52-wk low
$176.47
EPS
$15.48
Beta
1.73
Shares outstanding
107.45M
No. of employees
8K
Open
$212.78
High
$217.13
Low
$206.39
Mkt. cap
22.68B
Avg. vol.
1.85M
Volume
3.43M
P/E ratio
13.63
52-wk high
$320.95
52-wk low
$176.47
EPS
$15.48
Beta
1.73
Shares outstanding
107.45M
No. of employees
8K
News stories
From sources across the web
Profile
First Solar, Inc. is an American publicly traded manufacturer of solar panels. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride as a semiconductor. The predecessor company, Solar Cells, Inc., was founded in 1990 by inventor Harold McMaster. In 1999, Solar Cells, Inc., was purchased by True North Partners, LLC, led by Michael Ahearn, and rebranded as First Solar, Inc. The company went public in 2006, trading on the NASDAQ as FSLR. It has been listed on the Photovoltaik Global 30 Index since the beginning of this stock index in 2009. Its current chief executive is Mark Widmar, who succeeded the previous CEO, James Hughes, on July 1, 2016. First Solar operates three manufacturing facilities in Ohio, one in Alabama, and one in Louisiana. As of March 2026, the company had approximately 14 GW of annual domestic nameplate capacity. Wikipedia
About First Solar Inc
CEOMark R Widmar
Employees7.9K
Founded1999
HeadquartersTempe, Arizona, United States
SectorSemiconductor
Analyst ratings
Based on 23 analysts giving stock ratings to FSLR in the past 3 months
Buy
Buy
17
Hold
4
Sell
2
12-month forecast
Based on 23 Wall Street analysts offering 12 month price targets for FSLR in the last 3 months.
Highest
Current $211.03
$330.00 (+56.38%)
Average
$270.70 (+28.28%)
Lowest
$150.00 (-28.92%)
Analyst
Recommendation
Action
Price target
Projected
Date
Jed Dorsheimer
William Blair
Hold
Maintained
-
-
07/31/2026
Chris Dendrinos
RBC Capital
Buy
Maintained
$236.00
+11.8%
07/31/2026
Brian K. Lee
Goldman Sachs
Buy
Reiterated
$310.00
+46.9%
07/30/2026
Mark Strouse
J.P. Morgan
Buy
Maintained
$256.00
+21.3%
07/31/2026
Ameet Thakkar
BMO Capital
Hold
Maintained
$237.00
+12.3%
07/31/2026
Colin Rusch
Oppenheimer
Hold
Maintained
-
-
07/31/2026
Sean Milligan
Needham
Buy
Maintained
$303.00
+43.6%
07/31/2026
Christopher Souther
Truist Financial
Hold
Reiterated
$229.00
+8.5%
07/31/2026
David Arcaro
Morgan Stanley
Buy
Maintained
$245.00
+16.1%
07/31/2026
Philip Shen
Roth MKM
Buy
Reiterated
$300.00
+42.2%
07/31/2026
Jon Windham
UBS
Buy
Maintained
$330.00
+56.4%
07/31/2026
Praneeth Satish
Wells Fargo
Buy
Maintained
$300.00
+42.2%
07/31/2026
Sophie Karp
KeyBanc
Sell
Maintained
$150.00
-28.9%
07/31/2026
Jeff Osborne
TD Cowen
Buy
Reiterated
$253.00
+19.9%
07/31/2026
Vikram Bagri
Citi
Buy
Maintained
$294.00
+39.3%
07/23/2026
Christine Cho CFA
Barclays
Buy
Maintained
$279.00
+32.2%
07/15/2026
Unknown Analyst
Truist Financial
Hold
Initiated
$249.00
+18%
07/13/2026
Charles Minervino
Susquehanna
Buy
Maintained
$270.00
+27.9%
07/10/2026
Corinne Blanchard
Deutsche Bank
Buy
Upgraded
$272.00
+28.9%
07/07/2026
Sunaina Ocalan‏
Bernstein
Sell
Maintained
-
-
06/26/2026
Unknown Analyst
Bernstein
Sell
Initiated
$217.00
+2.8%
06/16/2026
Maheep Mandloi
Mizuho Securities
Buy
Maintained
$300.00
+42.2%
06/15/2026
Gordon Johnson
GLJ Research
Buy
Upgraded
$315.00
+49.3%
05/27/2026
Unknown Analyst
Argus Research
Buy
Maintained
$275.00
+30.3%
05/12/2026
Dmitriy Pozdnyakov
Freedom Capital Markets
Buy
Upgraded
$260.00
+23.2%
05/05/2026
Nicholas Amicucci
Evercore ISI
Hold
Maintained
$212.00
+0.5%
05/01/2026
Julien Dumoulin Smith
Jefferies
Hold
Maintained
$187.00
-11.4%
04/07/2026
Joseph Osha
Guggenheim
Buy
Maintained
$269.00
+27.5%
03/17/2026
Unknown Analyst
Wells Fargo
Buy
Maintained
$255.00
+20.8%
02/26/2026
Daniel Yang
HSBC
Hold
Downgraded
$211.00
-0%
02/25/2026
Ben Kallo
Robert W. Baird
Hold
Downgraded
$205.00
-2.9%
02/25/2026
Last report
Jul 30, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$3.92 / $2.81
+39.56%beat
Revenue / Est. (USD)
1.06B / 1.06B
-0.40%miss
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.59B
1.68B
1.04B
1.06B
Cost of goods sold
984.11M
1.02B
558.11M
-
Cost of revenue
984.11M
1.02B
558.11M
451.19M
Research and development expenses
60.59M
65.95M
66.94M
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
47.32M
50.68M
65.33M
-
Operating expense
144.65M
117.42M
140.83M
-
Total operating expenses
1.13B
1.13B
698.94M
605.81M
Operating income
466.10M
547.92M
345.30M
-
Other non operating income
-5.52M
-4.41M
-3.44M
-
EBT including unusual items
460.34M
551.34M
354.33M
-
EBT excluding unusual items
460.34M
551.35M
355.07M
-
Income tax expense
4.40M
30.46M
7.72M
36.81M
Effective tax rate
0.96%
5.52%
2.18%
-
Other operating expenses
-
-
-
-
Net income
455.94M
520.88M
346.62M
-
Net profit margin
28.59%
30.95%
33.19%
-
Earnings per share
4.24
4.84
3.22
3.92
Interest and investment income
23.31M
27.49M
28.86M
29.92M
Interest expense
-14.12M
-11.30M
-7.62M
-
Net interest expenses
9.19M
16.19M
21.25M
-
Depreciation and amortization charges
-
-
-
-
EBITDA
604.16M
688.55M
492.70M
598.23M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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Type
Date
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Amount
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