---
title: "First Solar | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.056 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294408741.md"
datetime: "2026-07-30T20:07:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294408741.md)
  - [en](https://longbridge.com/en/news/294408741.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294408741.md)
generator: "portal-rs"
---

# First Solar | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.056 B

Revenue: As of FY2026 Q2, the actual value is USD 1.056 B, missing the estimate of USD 1.06 B.

EPS: As of FY2026 Q2, the actual value is USD 3.92, beating the estimate of USD 2.8179.

EBIT: As of FY2026 Q2, the actual value is USD 46.49 M.

First Solar, Inc.’s financial results for the second quarter ended June 30, 2026, were disclosed in an Exhibit 99.1 to a Form 8-K filing. 

#### Net Sales

Net sales for the second quarter of 2026 were $1.06 billion, representing a 4% decrease compared to the second quarter of 2025. This was primarily due to lower revenue from customer contract terminations, partially offset by an increased volume of modules sold to third parties. 

#### Net Income

Net income for the second quarter of 2026 was $423 million, an increase from $342 million in the second quarter of 2025. 

#### Adjusted EBITDA

Adjusted EBITDA reached $644 million in the second quarter of 2026, up from $560 million in the same period of 2025. 

#### Gross Profit

Gross profit for the second quarter of 2026 was $605,004 thousand, compared to $499,850 thousand in the second quarter of 2025. 

#### Operating Expenses

Total operating expenses for the second quarter of 2026 were $154,618 thousand, an increase from $138,243 thousand in the second quarter of 2025. 

#### Operating Income

Operating income for the second quarter of 2026 was $450,386 thousand, up from $361,607 thousand in the second quarter of 2025. 

#### Cash and Cash Equivalents

The net cash balance decreased to $1.7 billion as of June 30, 2026, from $2.4 billion as of December 31, 2025. This decline was driven by seasonal working-capital needs and capital expenditures for the South Carolina finishing facility. 

#### Cash Flow from Operating Activities

Net cash used in operating activities for the six months ended June 30, 2026, was -$359,767 thousand, which is an improvement from -$458,405 thousand for the six months ended June 30, 2025. 

#### Capital Expenditures

Purchases of property, plant and equipment for the six months ended June 30, 2026, amounted to -$279,849 thousand, compared to -$494,100 thousand in the prior year period. 

#### Contracted Sales Backlog

First Solar, Inc. ended the second quarter of 2026 with a contracted sales backlog of 45.1 GW, extending through 2030. 

#### Outlook / Guidance

First Solar, Inc. reaffirmed its 2026 guidance, projecting net sales between $4.9 billion and $5.2 billion, and Adjusted EBITDA between $2.6 billion and $2.8 billion. The company anticipates third-quarter module sales to be between 3.9 GW and 4.5 GW, with Adjusted EBITDA forecasted between $625 million and $775 million. This guidance assumes the current U.S. policy environment persists and permitting processes remain consistent with historical levels.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**