Filings monitor · FSLR

What FIRST SOLAR, INC.'s SEC filings said

10-Q for 2026Q3, filed 29 Oct 2026, and 1 8-K since. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Operating Cash Flow Trends75 · importance in its document · 10-Q · 2026Q3
   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…
2. Liquidity and Cash Position70 · importance in its document · 10-Q · 2026Q3
   Cash, cash equivalents, and marketable securities totaled $1.6 billion at September 30, 2026, down from $2.9 billion at December 31, 2025. The decline primarily reflected higher supplier payments, purchases of property, plant and…
3. Revenue Performance and Mix69 · importance in its document · 10-Q · 2026Q3
   Net sales for the three months ended September 30, 2026 fell 22.8% year over year to $1,230.9 million, primarily because third-party module sales volume declined 22.0% and revenue from customer contract terminations was lower. For the…
4. Cash Flow and Capital Allocation69 · importance in its document · 10-Q · 2026Q3
   Net cash used in investing activities was $428.067 million for the nine months ended September 30, 2026, versus $577.934 million in 2025, primarily because of lower property, plant and equipment purchases for U.S. manufacturing…
5. Gross Margin Drivers63 · importance in its document · 8-K exhibit · 29 Oct 2026
   Third-quarter gross profit increased to $713.1 million from $610.7 million year over year, while net sales declined 23% to $1.231 billion. Gross margin consequently rose to approximately 58.0% from 38.3%, an increase of about 19.7…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 29 Oct 2026

Full report · Filing on EDGAR

• Operating Cash Flow TrendsImportance 75
  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…
• Liquidity and Cash PositionImportance 70
  Cash, cash equivalents, and marketable securities totaled $1.6 billion at September 30, 2026, down from $2.9 billion at December 31, 2025. The decline primarily reflected higher supplier payments, purchases of…
• Revenue Performance and MixImportance 69
  Net sales for the three months ended September 30, 2026 fell 22.8% year over year to $1,230.9 million, primarily because third-party module sales volume declined 22.0% and revenue from customer contract terminations…
• Cash Flow and Capital AllocationImportance 69
  Net cash used in investing activities was $428.067 million for the nine months ended September 30, 2026, versus $577.934 million in 2025, primarily because of lower property, plant and equipment purchases for U.S.…
• U.S. Renewable Tax Credit ChangesImportance 65
  The 2022 Inflation Reduction Act (IRA) incentives significantly increased demand for U.S.-manufactured modules, but the July 2025 One Big Beautiful Bill Act (OBBBA) significantly curtails certain energy tax credits.…
• Capital Expenditure ProgramImportance 64
  First Solar expects to spend $0.6 billion to $0.8 billion on capital expenditures during 2026, including manufacturing capacity, R&D initiatives, and machinery and equipment upgrades. The company expects its South…
• Gross Margin DriversImportance 60
  Gross profit increased 16.8% to $713.1 million for the three months ended September 30, 2026, while gross margin rose 19.6 percentage points to 57.9% from 38.3%. The 45X advanced manufacturing production credit reduced…
• Interest Expense TrendsImportance 59 · +1 more on this subject
  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…
• Customer DynamicsImportance 59
  First Solar’s third-party customers include system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. In the…
• Domestic Manufacturing Tax CreditsImportance 58
  First Solar expects to qualify for the U.S. Inflation Reduction Act’s Section 45X advanced manufacturing production credit, available from 2023 through 2032 and subject to a phase-down beginning in 2030. Based on…
• Income Tax Rate ChangesImportance 57
  Income tax expense for the nine months ended September 30, 2026 increased 77.7% to $39.489 million from $22.225 million in 2025, while the effective tax rate rose to 2.9% from 2.2%. The increase primarily reflected…
• Trade Policy and TariffsImportance 47
  The U.S. Supreme Court ruled IEEPA tariffs unlawful in February 2026, and First Solar received payment for substantially all remaining tariff refund claims, subject to possible offsets for amounts passed through to…

Capital spending check: Capital spending now exceeds operating cash flow (Flagged, rule score 60).

8-K filings last 12 months

• Guidance revised (direction not stated)29 Oct 2026 · 8-K Item 2.02 · Flagged · rule score 55
  “First Solar, Inc. Announces Third Quarter 2026 Financial Results, Updates Guidance, and Announces $500 Million Share Repurchase Program”
  Read from the attached exhibit: Gross Margin Drivers · Guidance and Outlook · Share Repurchase Program
• Results (release not read)30 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)30 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)24 Feb 2026 · 8-K Item 2.02 · Routine · rule score 20
• New debt19 Feb 2026 · 8-K Items 1.01, 2.03 · Routine · rule score 25

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.