FIRST SOLAR, INC.

First Solar designs, manufactures, and sells thin-film photovoltaic (PV) solar modules that convert sunlight into electric power. The company utilizes proprietary cadmium telluride (CdTe) semiconductor technology, producing modules such as the Series 6 Plus and Series 7 as alternatives to conventional crystalline silicon products. In addition to module production, First Solar offers module collection and recycling services to assist system owners with end-of-life material recovery. The company's customer base includes utility-scale solar project developers, independent power producers, utilities, commercial and industrial enterprises, and corporate energy offtakers.

First Solar is headquartered in the United States, with domestic manufacturing sites located in Ohio, Alabama, and Louisiana, alongside international production plants in India, Malaysia, and Vietnam. The company conducts research and development at facilities in Ohio and California, and maintains recycling operations across its active manufacturing locations and a former site in Germany. It distributes modules internationally, with the United States representing its primary market.

Summary of the business section of First Solar's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had approximately 7,900 associates (our term for full and part-time employees), the majority of which work in the United States, Malaysia, India, and Vietnam.”