First Solar

Q2 FY2026 EarningsQ2 FY2026 results significantly beat consensus on the bottom line, with Diluted EPS of $3.92 exceeding the mean estimate of $2.82 by 39%. Net sales of $1.06B were exactly in-line with expectations, despite a 4% YoY decline due to contract terminations. Profitability was the standout, driven by strong gross margins and operational efficiencies, while the company reaffirmed its full-year 2026 guidance, signaling confidence in sustained AI-driven and domestic solar demand.