NasdaqGS:FSLRSemiconductor
Is First Solar’s (FSLR) Bigger Credit Line Quietly Redefining Its Capital Allocation Playbook?
First Solar recently reported its fourth-quarter and full-year 2025 results, showing higher sales and net income year on year, and issued 2026 guidance calling for US$4.9 billion to US$5.2 billion in net sales alongside planned module shipments of 17.0 GW to 18.2 GW.
At the same time, the company secured a new US$1.50 billion unsecured revolving credit facility, enhancing financial flexibility as it pursues its manufacturing and growth plans.
We’ll now examine how this strong 2025 earnings...