The solar panel maker projects adjusted EBITDA for Q3 2026 amid ongoing trade policy uncertainty under Section 232.
First Solar expects adjusted EBITDA of $625M to $775M for Q3 2026, reflecting continued growth despite regulatory uncertainty. The company cited record sales volume in Q2 2026 and over $1 billion in net sales for the period.
Gross margin expanded to approximately 57% in Q2 2026, up from prior quarters, while cumulative module sales surpassed 100 gigawatts globally. The outlook remains tied to clarity on Section 232 trade policies, which could impact supply chain costs.
Management did not disclose immediate market reactions to the guidance, focusing instead on operational milestones and long-term capacity expansion.