v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,576,003 $ 2,803,514
Marketable securities 48,072 51,849
Accounts receivable trade, net 1,591,024 1,294,040
Government grants receivable, net 286,938 499,592
Inventories 1,138,584 736,734
Other current assets 667,284 643,103
Total current assets 5,307,905 6,028,832
Property, plant and equipment, net 5,633,874 5,675,794
Deferred tax assets, net 221,229 194,672
Restricted marketable securities 202,497 217,172
Government grants receivable 1,587,950 125,607
Goodwill 29,803 31,095
Intangibles assets, net 61,364 51,007
Inventories 174,897 237,462
Other assets 800,497 759,669
Total assets 14,020,016 13,321,310
Current liabilities:    
Accounts payable 338,201 405,775
Income taxes payable 54,285 7,490
Accrued expenses 430,079 519,414
Current portion of debt 107,668 215,979
Deferred revenue 1,006,089 1,014,386
Other current liabilities 128,345 91,058
Total current liabilities 2,064,667 2,254,102
Accrued solar module collection and recycling liability 145,907 146,017
Long-term debt 0 282,593
Deferred revenue 591,384 805,018
Other liabilities 337,325 295,587
Total liabilities 3,139,283 3,783,317
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 107,481,115 and 107,309,794 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 107 107
Additional paid-in capital 2,924,156 2,902,013
Accumulated earnings 8,131,590 6,791,339
Accumulated other comprehensive loss (175,120) (155,466)
Total stockholders' equity 10,880,733 9,537,993
Total liabilities and stockholders' equity $ 14,020,016 $ 13,321,310