FSLR · 10-Q · 2026Q3 · Full report
Interest Expense Trends
FIRST SOLAR, INC. · 2026-10-29 · Importance 59 · Surprise 82 · Matches filing data
Net interest expense decreased 52.6% to $15.568 million for the nine months ended September 30, 2026, from $32.830 million in 2025. For the three months ended September 30, 2026, net interest expense was $2.390 million, down from $14.121 million a year earlier. The reduction in both periods primarily resulted from prepayment of the India Credit Facility during the second quarter of 2026.
Key facts
- Net interest expense for the nine months ended September 30, 2026 was $15.568 million, compared with $32.830 million in 2025, a decrease of 52.6%. source
- Net interest expense for the three months ended September 30, 2026 was $2.390 million, compared with $14.121 million in 2025, a decrease of 83.1%. source
- Net interest expense decreased for the three and nine months ended September 30, 2026 primarily because First Solar prepaid the India Credit Facility in the second quarter of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +1.4% | Net interest expense for the nine months ended September 30, 2026 was $15.568 million, compared with $32.830 million in 2025, a decrease… |