First Solar Reports Q3 2026 Results and Lowers Full-Year Guidance

First Solar reported Q3 2026 revenue of $1.23 billion, down 22% year over year, while beating GAAP earnings expectations. It lowered full-year revenue guidance to $4.6 billion–$4.9 billion from $4.9 billion–$5.2 billion and cut its volume-sold forecast to 16–17 GW from 17–18.2 GW, citing customer behavior and inventory dynamics. The company also initiated a $500 million share repurchase program.