First Solar, Inc. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

1,044.24

1,682.78

1,594.86

1,097.17

844.57

1,514.03

887.67

Other Operating Income

0.00

Total Operating income

1,044.24

1,682.78

1,594.86

1,097.17

844.57

1,514.03

887.67

Raw Material Cost

558.85

1,017.44

984.11

597.32

486.81

945.76

446.19

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

7.62

11.30

14.12

9.18

9.53

10.89

9.01

Selling and Distribution Expenses

65.33

50.68

47.32

52.59

53.16

49.58

42.23

Other Expenses

5.93

5.47

4.65

4.53

4.29

3.56

4.12

Total Expenditure (Excl Depreciation)

691.12

1,134.08

1,092.03

704.40

592.36

1,041.84

538.63

Operating Profit (PBDIT) excl Other Income

353.1

548.6999999999999

502.8

392.8

252.2

472.2

349

Other Income

-11.55

11.98

-49.08

-39.48

-21.77

-10.75

-25.23

Operating Profit (PBDIT)

488.96

701.32

591.81

477.94

356.31

580.06

434.97

Interest

7.62

11.30

14.12

9.18

9.53

10.89

9.01

Exceptional Items

20.38

1.96

20.72

8.06

-3.85

-4.20

12.54

Gross Profit (PBDT)

485.39

665.34

610.75

499.85

357.76

568.27

441.47

Depreciation

147.39

140.63

138.06

124.65

125.88

118.62

111.16

Profit Before Tax

354.33

551.34

460.35

352.17

217.06

446.35

327.34

Tax

7.71

30.46

4.40

10.30

7.52

53.23

14.39

Provisions and contingencies

0.00

Profit After Tax

346.62

520.88

455.94

341.87

209.53

393.12

312.96

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

346.62

520.88

455.94

341.87

209.53

393.12

312.96

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

346.62

520.88

455.94

341.87

209.53

393.12

312.96

Equity Capital

0.00

Face Value

0.0

Reserves

9,878.57

9,537.99

9,015.31

8,546.13

8,187.33

7,977.58

7,593.65

Earnings per share (EPS)

3.22

4.84

4.24

3.18

1.95

3.65

2.91

Diluted Earnings per share

3.22

4.84

4.24

3.18

1.95

3.65

2.91

Operating Profit Margin (Excl OI)

33.82%

32.61%

31.53%

35.8%

29.86%

31.19%

39.32%

Gross Profit Margin

48.05%

41.12%

37.52%

43.46%

40.6%

37.32%

49.4%

PAT Margin

33.19%

30.95%

28.59%

31.16%

24.81%

25.96%

35.26%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is 23.63% vs 6.36% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is 65.44% vs -11.45% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 32.37% vs 10.23% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is -20.00% vs 3.26% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025

Compare Quarterly Results Of First Solar, Inc. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(USD)

Change(%)

Net Sales

1,044.24

804.18

240.06

29.85%

Other Operating Income

0.00

Total Operating income

1,044.24

804.18

240.06

29.85%

Raw Material Cost

558.85

359.12

199.73

55.62%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

7.62

0.00

7.62

Selling and Distribution Expenses

65.33

103.35

-38.02

-36.79%

Other Expenses

5.93

10.06

-4.13

-41.05%

Total Expenditure (Excl Depreciation)

691.12

563.03

128.09

22.75%

Operating Profit (PBDIT) excl Other Income

353.12

241.15

111.97

46.43%

Other Income

-11.55

6.03

-17.58

-291.54%

Operating Profit (PBDIT)

488.96

262.29

226.67

86.42%

Interest

7.62

0.00

7.62

Exceptional Items

20.38

0.00

20.38

Gross Profit (PBDT)

485.39

445.06

40.33

9.06%

Depreciation

147.39

15.11

132.28

875.45%

Profit Before Tax

354.33

247.18

107.15

43.35%

Tax

7.71

53.96

-46.25

-85.71%

Provisions and contingencies

0.00

Profit After Tax

346.62

193.23

153.39

79.38%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

346.62

193.23

153.39

79.38%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

346.62

193.23

153.39

79.38%

Equity Capital

0.00

Face Value

0.00

Reserves

9,878.57

3,677.41

6,201.16

168.63%

Earnings per share (EPS)

3.22

3.92

-0.70

-17.86%

Diluted Earnings per share

3.22

3.92

-0.70

-17.86%

Operating Profit Margin (Excl OI)

33.82%

29.99%

0.00

3.83%

Gross Profit Margin

48.05%

32.62%

0.00

15.43%

PAT Margin

33.19%

24.03%

0.00

9.16%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 104.42 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -37.95% vs 5.51% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 23.63% vs 6.36% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 34.66 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -33.46% vs 14.26% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 65.44% vs -11.45% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 50.05 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -27.39% vs 7.55% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 32.37% vs 10.23% in Mar 2025

Quarterly - Interest

Interest 0.76 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -32.74% vs -19.86% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -20.00% vs 3.26% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 33.82%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025