The earnings call revealed several positive developments, such as a strong backlog and successful technology deployment. However, these were overshadowed by significant challenges, including earnings falling below guidance, new tariff impacts, and substantial policy uncertainty. The sentiment reflects concern over these adverse factors and their potential impacts on future operations.
Company Guidance
During the First Solar Q1 2025 earnings call, the company provided detailed guidance reflecting the impacts of new tariff regimes and other factors on their operations. Key metrics highlighted include a contracted backlog of 66.3 gigawatts, with domestic capacity expansion expected to reach over 14 gigawatts by 2026. The Q1 earnings per diluted share was $1.95, which fell below the guidance range due to a mix of U.S. and international products sold. For fiscal year 2025, First Solar revised its earnings per diluted share guidance to a range of $12.50 to $17.50, accounting for the impacts of a 10% universal tariff and potential reciprocal tariffs of up to 46% affecting production in Malaysia and Vietnam. The company anticipates total module sales volumes of 15.5 to 19.3 gigawatts, with U.S. manufacturing volumes remaining unchanged. Additionally, First Solar's net cash balance at year-end 2025 is projected to be between $0.4 billion and $0.9 billion, reflecting the impact of tariffs, production adjustments, and capital expenditures.
Strong Contracted Backlog
First Solar's contracted backlog stands at 66.3 gigawatts, reflecting robust demand and a strong pipeline of future projects.
Domestic Capacity Expansion
Construction of the Alabama and Louisiana facilities is progressing, with the Louisiana facility expected to begin operations in the second half of the year, increasing U.S. nameplate manufacturing capacity to over 14 gigawatts by 2026.
CuRe Technology Deployment
Limited commercial production of modules using CuRe technology has been successful, showing enhanced energy profiles and confirming an industry-leading annual degradation rate.
---
First Solar (FSLR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
FSLR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 29, 2025
$137.24
$125.82
-8.32%
Feb 25, 2025
$147.46
$156.84
+6.36%
Oct 29, 2024
$199.67
$197.50
-1.09%
Jul 30, 2024
$210.89
$215.99
+2.42%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does First Solar (FSLR) report earnings?
First Solar (FSLR) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is First Solar (FSLR) earnings time?
First Solar (FSLR) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.