Leading U.S. thin-film PV module manufacturer First Solar announced strong financial performance for Q2 2025, achieving both revenue and net profit growth.
According to the financial report:
- Revenue reached $1.097 billion, up 29.98% quarter-over-quarter (QoQ)
- Net profit attributable to shareholders stood at $342 million (≈¥2.456 billion), rising from $209.5 million in Q1 but slightly down from $349.5 million in Q2 2024
- Diluted EPS climbed to $3.18, significantly higher than Q1’s $1.95
The sales growth was primarily driven by increased shipments of CdTe thin-film solar modules. In Q2 2025:
- Module shipments totaled 3.554 GW
- Production output reached 4.2 GW
- Sales revenue grew 30% QoQ and 9% year-over-year (YoY)
Additionally, the company reported:
- Gross profit of $500 million
- Gross margin at 45.6%, up 4.8 percentage points from Q1 but down 3.8 points compared to Q2 2024
