On April 30, First Solar, an American photovoltaic module manufacturer, released its first quarterly report for 2026. In the
first quarter of this year, First solar's net sales were $1.04 billion, up 24% year-on-year; its net profit was $347 million, up 65.42% year-on-year; Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were $520 million, compared with $379 million in the same period in 2025. As for the increase in sales in the first quarter, the company said it was mainly due to the increase in the number of components sold to third parties.
As of March 31, 2026, the Company has a contracted PV module sales order reserve of 47.9 GW.
For the full year 2026 guidance, First solar forecasts module sales of 1.7-18.2 GW; net sales of $4.9-5.2 billion; gross margin of $2.4-2.6 billion; and adjusted EBITDA of $2.6-2.8 billion. In the second quarter, First solar is expected to achieve 3.4-4GW of module sales and adjusted EBITDA of $400-500 million. First solar sold 17.5GW of modules last year ; net sales were $ 5.2bn,

according to its 2025 annual report; Gross profit was $2.12 billion and net profit was $1.528 billion.
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