Every 8-K that First Solar, Inc. (FSLR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FSLR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FSLR filings page.
First Solar, Inc. reported second-quarter 2026 net sales of $1.06 billion, down 4% from a year earlier, while net income rose to $423 million, or $3.92 per diluted share, up 23%. Adjusted EBITDA reached $644 million with a 61% margin, as higher module volumes offset lower contract-termination revenue.
Management cited record second-quarter and first-half sales volume and a contracted sales backlog of 45.1 GW as of June 30, 2026, extending through 2030. Gross and net cash balance was $1.7 billion, down from $2.4 billion at year-end, mainly due to working-capital uses and capital spending for the South Carolina finishing facility.
The company reaffirmed 2026 guidance, including volume sold of 17.0GW–18.2GW, net sales of $4.9B–$5.2B, gross profit of $2.4B–$2.6B, Adjusted EBITDA of $2.6B–$2.8B, and capital expenditures of $0.8B–$1.0B. Third-quarter expectations include module sales of 3.9GW–4.5GW and Adjusted EBITDA of $625M–$775M.
First Solar, Inc. reported the results of its 2026 annual meeting of stockholders held on May 13, 2026. As of the March 19, 2026 record date, 107,450,760 shares were outstanding and entitled to vote, with 92,119,644 shares represented in person or by proxy.
Stockholders elected ten directors, including Michael J. Ahearn and CEO Mark R. Widmar, to serve until the next annual meeting. They also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026.
Stockholders approved an advisory resolution on the compensation of named executive officers. A stockholder proposal to improve shareholder ability to call a special shareholder meeting did not receive sufficient support and was not approved.
First Solar, Inc. reported a strong first quarter of 2026, with net sales of $1.04 billion, up 24% from a year earlier, driven mainly by higher module volumes to third-party customers. Net income rose to $346.6 million, or $3.22 per diluted share, a 65% year-over-year increase. Adjusted EBITDA reached $519.8 million, reflecting a 50% margin. The company ended March 31, 2026 with a contracted sales backlog of 47.9 GW and reaffirmed its full-year 2026 guidance, including net sales of $4.9 billion to $5.2 billion, Adjusted EBITDA of $2.6 billion to $2.8 billion, and capital expenditures of $0.8 billion to $1.0 billion.
First Solar, Inc. reported strong 2025 results and issued detailed 2026 guidance. Net sales for 2025 were $5.2 billion, up from $4.2 billion in 2024, driven by a 24% increase in third‑party module volume. Full‑year diluted net income per share rose to $14.21, with fourth quarter diluted EPS of $4.84.
Year‑end 2025 cash, cash equivalents, restricted cash, restricted cash equivalents, and marketable securities, less debt, reached $2.4 billion, helped by proceeds from sales of Section 45X tax credits and strong operating cash flows. Reported 2025 Adjusted EBITDA was $2.36 billion.
For 2026, guidance includes net sales of $4.9 billion to $5.2 billion, Adjusted EBITDA of $2.6 billion to $2.8 billion, volume sold of 17.0 GW to 18.2 GW, capital expenditures of $0.8 billion to $1.0 billion, and an expected year‑end net cash balance of $1.7 billion to $2.3 billion.
First Solar, Inc. entered into a new senior unsecured five-year revolving credit facility totaling $1.5 billion, including a $450 million sub-limit for letters of credit. The company may increase commitments by up to an additional $1 billion, subject to lender commitments and other conditions.
The facility, led by JPMorgan Chase Bank as administrative agent, can be used for working capital and general corporate purposes and allows two optional one-year extensions. Pricing is tied to either First Solar’s net leverage ratio or, after an investment grade trigger, its public debt ratings, with specified interest and commitment fee ranges.
Financial covenants require a maximum net leverage ratio of 3.50 to 1.00 (with a potential step-up for material acquisitions) and a minimum interest coverage ratio of 3.00 to 1.00. Concurrently, First Solar terminated its prior senior secured revolving credit agreement and had the related collateral security arrangements released.
First Solar, Inc. furnished a Form 8-K announcing it issued a press release and held a conference call covering financial results for the third quarter ended September 30, 2025.
The press release is included as Exhibit 99.1. The information is furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference except as expressly set forth by specific reference.
First Solar (FSLR) entered two tax credit transfer agreements with a leading digital payments company, monetizing advanced manufacturing production tax credits under Section 45X generated from 2025 U.S. module component production.
Under the Fixed Transfer Agreement, the company will sell $600,000,000 of tax credits for $573,000,000, paid in two installments expected on October 31, 2025 and December 29, 2025. A separate Variable Transfer Agreement allows the sale of up to $175,000,000 of additional credits at $0.955 per $1.00, with payment due on February 27, 2026. The effective date and each payment date are subject to customary conditions precedent, and the agreements include standard covenants, indemnification, and termination provisions.
First Solar has executed a significant Tax Credit Transfer Agreement with a major financial institution on June 20, 2025. The company is selling $311.9 million in advanced manufacturing production tax credits generated from U.S.-based module component production and sales during early 2025.
The tax credits, falling under Section 45X of the Internal Revenue Code, will be purchased for $296.3 million, representing a 95% monetization rate. The transaction was completed with a single payment on the effective date, subject to standard conditions including absence of default and accuracy of company representations.
Key aspects of the agreement include:
- Tax credits generated from U.S. manufacturing operations
- Immediate cash realization through single-payment structure
- Standard covenants, indemnification, and termination provisions
- Transaction demonstrates First Solar's ability to monetize tax incentives under the Inflation Reduction Act