On February 25, solar panel manufacturer First Solar announced its fourth quarter 2025 results. Net sales reached $1.68 billion, an increase of 11.1% year-on-year, primarily driven by growth in module sales volume during the quarter. Earnings per share were $4.84, up 32.6% year-on-year. Looking ahead to 2026, the company expects net sales to be between $4.9 billion and $5.2 billion, below the average analyst expectation of $6.12 billion.
