First Solar Inc. reported second-quarter 2025 revenue of $1.1 billion and diluted earnings of $3.18 a share, comfortably ahead of Wall Street expectations of roughly $1.04 billion and $2.70 a share. Net income reached $341.9 million, while operating income came in at $361.6 million and gross profit at $499.9 million. The U.S. solar-panel maker ended the quarter with a $0.6 billion net cash position. The company raised its full-year revenue outlook to $4.9 billion to $5.7 billion and affirmed the midpoint of its projected 2025 earnings range of $13.50 to $16.50 per share. Bookings remained strong, with 2.1 gigawatts contracted in July alone and a total contracted backlog of 64 gigawatts that extends through 2030. Investors welcomed the beat and guidance update; the shares rose roughly 4–5 percent in post-market trading.