First Solar manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe), an alternative to conventional crystalline-silicon solar panels. It is vertically integrated across module production and often participates in utility-scale project development and module supply. The technology aims for competitive cost, energy yield in hot climates and a manufacturing footprint centered in the U.S. and other strategic locations. Primary customers are utilities, independent power producers and large-scale solar developers.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 1,097.2 | — | 341.9 | -1.7% |
| Q3 2025 | 1,594.9 | — | 455.9 | 46.4% |
| Q4 2025 | 1,682.8 | — | 520.9 | 33.3% |
| Q1 2026 | 1,044.2 | — | 346.6 | 66% |
| Q2 2026 | 1,056.2 | -3.7% | 422.6 | 23.6% |
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