First Solar Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,992	1,621	1,947	1,481	1,451	1,227
Short-Term Investments	47.75	171.58	155.5	1,097	375.39	520.07
Cash & Short-Term Investments	2,040	1,793	2,102	2,578	1,826	1,747
Cash Growth	60.65%	-14.72%	-18.44%	41.18%	4.52%	-19.28%
Accounts Receivable	1,442	1,261	660.78	324.34	454.71	292.46
Other Receivables	788.86	525.89	725.05	5.27	-	-
Receivables	2,231	1,787	1,386	329.61	454.71	292.46
Inventory	1,366	1,299	968.12	735.8	778.37	666.44
Prepaid Expenses	86.04	75.25	62.48	43.26	28.23	26
Restricted Cash	-	8.26	8.26	3.18	1.53	1.75
Other Current Assets	178.89	127.05	107.64	101.59	102.36	280.82
Total Current Assets	5,902	5,089	4,635	3,791	3,191	3,015
Property, Plant & Equipment	5,944	5,557	4,499	3,630	3,074	2,872
Goodwill	30.68	28.34	29.69	14.46	14.46	14.46
Other Intangible Assets	51.26	54.65	64.51	31.11	45.51	56.14
Long-Term Accounts Receivable	16	94.37	-	-	42.13	22.72
Long-Term Deferred Tax Assets	183.65	208.81	142.82	78.68	59.16	104.1
Other Long-Term Assets	1,331	1,092	994.55	705.47	986.81	1,025
Total Assets	13,459	12,124	10,365	8,251	7,414	7,109
Accounts Payable	284.54	482.19	207.18	341.41	193.37	183.35
Accrued Expenses	343.4	310.27	308.68	223.35	192.11	170.31
Short-Term Debt	375.4	145.6	60.83	-	-	-
Current Portion of Long-Term Debt	90.83	90.82	35.41	-	3.9	41.54
Current Portion of Leases	18.6	13.28	10.36	9.19	12.78	14.01
Current Income Taxes Payable	78.77	77.36	22.13	29.4	4.54	14.57
Current Unearned Revenue	1,555	712	413.58	263.22	201.87	188.81
Other Current Liabilities	343.6	245.92	248	171.49	118.31	234.81
Total Current Liabilities	3,090	2,077	1,306	1,038	726.88	847.4
Long-Term Debt	282.57	373.35	464.07	184.35	236.01	237.69
Long-Term Leases	124.52	95.74	53.73	40.59	145.91	189.03
Long-Term Unearned Revenue	663.06	1,328	1,592	944.73	95.94	44.92
Long-Term Deferred Tax Liabilities	56.29	54.7	42.77	28.93	27.7	23.67
Other Long-Term Liabilities	227.71	217.72	219.34	178.53	221.76	245.29
Total Liabilities	4,444	4,147	3,678	2,415	1,454	1,588
Common Stock	0.11	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	2,900	2,898	2,890	2,887	2,871	2,867
Retained Earnings	6,270	5,263	3,971	3,140	3,184	2,716
Comprehensive Income & Other	-154.88	-184.06	-174.13	-191.82	-96.36	-61.73
Shareholders' Equity	9,015	7,978	6,687	5,836	5,960	5,521
Total Liabilities & Equity	13,459	12,124	10,365	8,251	7,414	7,109
Total Debt	891.92	718.8	624.39	234.13	398.59	482.27
Net Cash (Debt)	1,148	1,074	1,478	2,344	1,427	1,265
Net Cash Growth	99.42%	-27.33%	-36.94%	64.20%	12.86%	-18.99%
Net Cash Per Share	10.68	9.99	13.77	22.00	13.35	11.86
Filing Date Shares Outstanding	107.31	107.06	106.85	106.61	106.33	105.99
Total Common Shares Outstanding	107.31	107.06	106.85	106.61	106.33	105.98
Working Capital	2,812	3,012	3,329	2,753	2,464	2,167
Book Value Per Share	84.01	74.51	62.59	54.74	56.05	52.09
Tangible Book Value	8,933	7,895	6,593	5,790	5,900	5,450
Tangible Book Value Per Share	83.25	73.74	61.71	54.32	55.48	51.43
Land	39.56	38.88	35.36	35.26	18.36	14.5
Buildings	1,950	1,585	1,037	893.05	693.29	693.76
Machinery	5,593	4,982	3,755	2,909	2,949	2,626
Construction In Progress	562.29	858.54	1,224	1,122	461.71	419.77
Leasehold Improvements	40.76	40.3	40.08	40.16	40.52	41.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.