第一太阳能 2026年季度报告

Form10-Q (Mark one) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended June30, 2026or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from to 20-4623678 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 4300 E Camelback Road, Suite 220Phoenix, Arizona 85018(Address of principal executive offices, including zip code) (602)414-9300(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ FIRST SOLAR, INC. FORM10-Q FOR THE QUARTERLY PERIOD ENDED JUNE30, 2026 TABLE OF CONTENTS Throughout this Quarterly Report on Form 10-Q, we refer to First Solar, Inc. and its subsidiaries as “First Solar,” “the Company,”“we,” “us,” and “our.” Units of electricity are typically stated in gigawatts (“GW”). PART I. FINANCIAL INFORMATION FIRST SOLAR, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) FIRST SOLAR, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of First Solar, Inc. and its subsidiaries in this QuarterlyReport on Form 10-Q have been prepared in accordance with generally accepted accounting principles in the United States of America(“U.S. GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 10 of Regulation S-X ofthe Securities and Exchange Commission (the “SEC”). Accordingly, these interim financial statements do not include all of theinformation and footnotes required by U.S. GAAP for annual financial statements. In the opinion of First Solar management, alladjustments (consisting only of normal recurring adjustments) considered necessary for a fair statement have been included. Certainprior period balances were reclassified to conform to the current period presentation. The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires us to make estimates andassumptions that affect the amounts reported in the financial statements and accompanying notes. Despite our intention to establishaccurate estimates and reasonable assumptions, actual results could differ materially from such estimates and assumptions. Operatingresults for the three and six months ended June30, 2026 are not necessarily indicative of the results that may be expected for the yearending December31, 2026 or for any other period. The condensed consolidated balance sheet at December31, 2025 has been derivedfrom the audited consolidated financial statements at that date, but does not include all of the information and footnotes required byU.S. GAAP for complete financial statements. These interim financial statements and notes should be read in conjunction with theaudited financial statements and notes thereto for the year ended December31, 2025 included in our Annual Report on Form 10-K,which has been filed with the SEC. During the sixmonths ended June30, 2026, we adopted a policy to account for the potential recovery of tariffs using a loss recoverymodel under ASC 450. Accordingly, we recognize a tariff refund when recovery of the amount is probable. Unless expressly stated or the context otherwise requires, the term “condensed consolidated financial statements” refers to theaccompanying unaudited condensed consolidated financial statements