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First Solar's Q3 Sales Surge 80% to $1.6B Amid Margin Pressures

FSLR10-QFiling Date: 10/30/2025
First Solar, Inc.
Description

What this story covers

First Solar reported Q3 2025 net sales of $1.6B, up 80% YoY from higher module volumes, driving net income to $455M. U.S. capacity expansions and Section 45X credits bolster growth, but logistics costs and trade tariffs compress margins to 38%. Strong $16B backlog supports outlook despite global risks.

Story snapshot

CompanyFirst Solar, Inc.
TickerFSLR
VariantStandard detailed
Duration10:30
Filing type10-Q
PeriodQ3 2025
IndustryEnergy
Accession0001274494-25-000082

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