The earnings call revealed significant achievements in terms of record module sales and increased manufacturing capacity. However, these were overshadowed by challenges such as lower-than-expected EPS, manufacturing issues with Series 7 modules, and an imbalance in supply and demand. The company also faces increased costs due to tariffs and production challenges.
Company Guidance
During the 2025 guidance call, First Solar provided several key metrics and insights into its projected performance and strategic direction. The company expects to produce 18 to 19 gigawatts of solar modules with net sales projected between $5.3 billion and $5.8 billion, reflecting an increase from the previous year. The full-year gross margin is anticipated to be approximately 47%, with an operating income guidance range from $1.95 billion to $2.3 billion. First Solar projects a diluted EPS of $17 to $20 for 2025, a significant increase from 2024. Additionally, the company plans capital expenditures of $1.3 billion to $1.5 billion and forecasts an end-of-year net cash balance of $0.7 billion to $1.2 billion. The guidance also considers potential impacts from tariffs, with the company assuming no tariffs on its modules entering the U.S. but accounting for aluminum tariffs. Moreover, First Solar highlighted its strategic focus on improving its CadTel technology and advancing research in perovskite and tandem thin-film technologies to enhance efficiency and scalability.
Record-Breaking Module Sales
First Solar sold a record 14.1 gigawatts of modules in 2024, contributing to record net sales of $4.2 billion, a 27% increase year-on-year.
Increased Manufacturing Capacity
First Solar increased its global nameplate manufacturing capacity by over 4 gigawatts in 2024, driven by new facilities in Alabama and throughput optimization in Ohio.
Technology Advancements
First Solar progressed its technology roadmap by commissioning a new R&D innovation center in Ohio, featuring a high-volume manufacturing scale production pilot line.
Strong Balance Sheet
First Solar ended 2024 with a net cash position of $1.2 billion, providing the flexibility to pursue growth opportunities without requiring external financing.
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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
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FSLR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
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%
May 01, 2024
$177.58
$180.51
+1.65%
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.
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FAQ
When does First Solar (FSLR) report earnings?
First Solar (FSLR) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is First Solar (FSLR) earnings time?
First Solar (FSLR) earnings time is at Apr 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.