FS
FSLR
FSLR What First Solar promised, and what happened
Guidance
What management said, and what became of it
20 of 26 judged targets kept · 11 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full prepayment of India DFC loan | full repayment of our India credit facility with the U.S. International Development Finance Corporation by June 30, 2026 | Dec 2025 | We completed the full prepayment of our India DFC loan during the quarter. | Achieved |
| South Carolina U.S. finishing-line production start (3.7-3.5 GW) | Production will start at the end of '26 and ramp through the first half of 2027 | Sep 2025 | For the second phase, we now expect completion in mid-2027. While the revised time reflects a number of factors associated with optimizing the facilities launch, it also enables the earlier incorporation of CuRe technology. | Delayed |
| FY26 adjusted EBITDA | $2.6 billion to $2.8 billion | Dec 2025 | Our full year 2026 guidance remains unchanged. | On Track |
The full ledger
Open First Solar’s full ledger
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The rest of the ledger
Pro opens all 37 tracked commitments for First Solar
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.