First Solar, Inc. (FSLR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to First Solar's first quarter 2026 earnings conference call. This call is being webcast live on the investor section of First Solar's website at investor.firstsolar.com. All participants are in listen-only mode and please note that today's call is being recorded. I would now like to turn the conference over to First Solar Investor Relations. Good afternoon and thank you for joining us. We're joined today by Mark Widmar, our Chief Executive Officer, and Alex Bradley, our Chief Financial Officer. Mark will provide an overview of our first quarter performance and an update on technology, manufacturing, and market conditions. Alex will then cover our bookings, financials, and our 2026 outlook. After our prepared remarks, we'll open the line for questions. Today's discussion contains forward-looking statements. Actual results may differ materially due to risks and uncertainties as described in our earnings press release, other SEC filings, and earnings materials available at investor.firstsolar.com. We undertake no obligation to update these statements due to new information or future events. We will also reference certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP measure are in our earnings press release and presentation. This non-GAAP financial information is not intended to be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. With that, I'll turn it over to Mark. Thank you and good afternoon. Beginning on slide four, we delivered a strong start to 2026 with record first quarter revenue, record sales in India, meaningful margin expansion, and adjusted EBITDA above the top end of our first quarter preview range. Since our last earnings call on Fe...