First Solar, Inc. (FSLR) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.260 Good afternoon and welcome to First Solar's Q4 and full year 2025 00:00:05.260 -- 00:00:10.308 earnings and 2026 guidance call. This call 00:00:10.308 -- 00:00:15.597 is being webcast live on the investor section of First Solar's website 00:00:15.597 -- 00:00:17.957 at investor.firstsolar.com. 00:00:20.245 -- 00:00:25.513 All participants are in listen-only mode. And please note that today's call 00:00:25.513 -- 00:00:30.551 is being recorded. I would now like to turn the conference over to your host, 00:00:30.551 -- 00:00:35.134 Byron Jeffers, Head of Investor Relations. 00:00:37.478 -- 00:00:41.782 Good afternoon, and thank you for joining us on today's earnings call. 00:00:41.782 -- 00:00:46.447 Joining me are our Chief Executive Officer, Mark Widmar, and our Chief Financial Officer, 00:00:46.447 -- 00:00:51.912 Alex Bradley. During this call, we will review our 2025 results 00:00:51.912 -- 00:00:54.892 and discuss our outlook for 2026. 00:00:54.892 -- 00:00:59.059 After our prepared remarks, we'll open the line for questions. 00:00:59.059 -- 00:01:04.207 Before we begin, please note that today's discussion contains forward-looking statements 00:01:04.207 -- 00:01:09.355 and actual results may differ materially due to risks and uncertainties. 00:01:09.355 -- 00:01:13.642 We undertake no obligation to update these statements due to new information or future 00:01:13.642 -- 00:01:19.711 events. For a discussion of factors that could cause these results to differ materially, 00:01:19.711 -- 00:01:24.895 please refer to today's press release our SEC filings, and the earnings 00:01:24.895 -- 00:01:28.697 materials available at investor.fursolar.com. 00:01:29.760 -- 00:01:35.065 On this call, we will also reference certain non-GAAP fi...