FSLR · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

FIRST SOLAR, INC. · 2026-10-29 · Importance 75 · Surprise 64 · Matches filing data

Net cash used in operating activities was $402.714 million for the nine months ended September 30, 2026, compared with $815.212 million provided in the prior-year period. The deterioration primarily reflected lower cash receipts from module sales, lower proceeds from Section 45X tax-credit sales, higher supplier payments, and prior-period trade-receivable factoring receipts. IEEPA tariff refunds received during the current period partially offset these uses of cash.

Key facts

• For the nine months ended September 30, 2026, First Solar used $402.714 million of cash in operating activities, compared with providing $815.212 million in 2025. source
• The increase in operating cash used was primarily driven by lower module-sale receipts, lower proceeds from Section 45X credit sales, higher supplier payments, and prior-period factoring receipts, partly offset by IEEPA tariff refunds received. source

Impact estimates