U.S. solar giant First Solar (FSLR.US) reported better-than-expected second quarter 2025 results and raised its full-year guidance. The financial results showed that First Solar's Q2 net sales reached $1.1 billion, exceeding market expectations of $1.02 billion, while diluted earnings per share came in at $3.18, surpassing market expectations of $2.60.

During the earnings conference call, CEO Mark Widmar stated that following the passage of President Trump's tax and spending legislation, the company is positioned more strongly than it was after the Biden administration's landmark climate legislation enacted in 2022. The company believes Trump's legislation is driving demand for its domestically produced solar panels in the United States.

"We believe that recent policy and trade developments have generally strengthened First Solar's relative position in solar manufacturing," said Mark Widmar. "Furthermore, we believe that from a fundamental perspective, utility-scale solar is attractive regardless of the policy environment, given its cost-competitive energy and faster generation times, which positions First Solar as a utility-scale leader in a strong position."

Looking ahead, First Solar expects 2025 net sales to be in the range of $4.9 billion to $5.7 billion, compared to previous expectations of $4.5 billion to $5.5 billion. The company anticipates gross profit of $2.05 billion to $2.35 billion (previously expected at $1.96 billion to $2.47 billion) and operating profit of $1.53 billion to $1.87 billion (previously expected at $1.45 billion to $2.0 billion).