Skip to content
Screener

First Solar FSLR Q1 2026 earnings

Reported April 30, 2026 · After market close

Revenue$1.0BBeat by $9.7M
EPS$3.22Beat by $0.35
Revenue estimate$1.0B
EPS estimate$2.87

Next report

Oct 29, 2026 (In 1 week)
Revenue estimate$1.3B
EPS estimate$4.67

Financials

Q1 2026

Income statement

See full
Revenue$1.0B+23.6%
Gross profit$486.1M+41.2%
Operating income$345.3M+56.1%
Net income$346.6M+65.4%
EPS (diluted)$3.22+65.1%

Balance sheet

See full
Cash & equivalents$2.4B+182%
Total debt$590.9M-6.5%
Total equity$9.9B+20.7%
Total assets$13.4B+10.2%

Cash flow

See full
Operating cash flow-$214.9M+64.7%
CapEx$118.5M-42.5%
Free cash flow-$333.4M+59.0%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$21.17B+56.4%
Enterprise value$19.38B+45.5%
P/E12.7×+2.0×
P/S3.9×+0.7×

Profitability

See full
Gross margin41.7%-1.9pp
Operating margin31.8%-0.5pp
Net margin30.7%+1.0pp
FCF margin30.8%—

Returns & leverage

See full
Return on equity18.4%+1.7pp
Debt / equity0.1×0.0×
Current ratio2.6×+0.6×

FAQ

When did First Solar report Q1 2026 earnings?
First Solar (FSLR) reported Q1 2026 earnings on April 30, 2026 after market close.
What were First Solar's Q1 2026 revenue and EPS?
First Solar reported revenue of $1.0B and eps of $3.22 for Q1 2026.
Did First Solar beat estimates in Q1 2026?
Revenue beat the consensus estimate of $1.0B by $9.7M. EPS beat the consensus estimate of $2.87 by $0.35.
How did First Solar's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 23.6% from $844.6M a year earlier and eps grew 65.1% from $1.95.
Where can I find First Solar's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001274494-26-000108) and the 10-Q periodic report (0001274494-26-000109) directly on SEC EDGAR. The filing index links above go to sec.gov.