First Solar Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,804	1,621	1,947	1,481	1,451
Short-Term Investments	51.85	171.58	155.5	1,097	375.39
Cash & Short-Term Investments	2,855	1,793	2,102	2,578	1,826
Cash Growth	59.25%	-14.72%	-18.44%	41.18%	4.52%
Accounts Receivable	1,294	1,261	660.78	324.34	454.71
Other Receivables	499.59	403.76	659.75	-	-
Total Trade Receivables	1,794	1,665	1,321	324.34	454.71
Inventory	736.73	1,084	819.9	621.38	666.3
Other Current Assets	643.1	546.88	391.9	267.73	244.19
Total Current Assets	6,029	5,089	4,635	3,791	3,191
Net Property, Plant & Equipment	5,676	5,414	4,397	3,537	2,867
Other Intangible Assets	51.01	54.65	64.51	31.11	45.51
Goodwill	31.1	28.34	29.69	14.46	14.46
Other Long-Term Assets	1,535	1,539	1,239	877.34	1,296
Total Assets	13,321	12,124	10,365	8,251	7,414
Accounts Payable	405.78	482.19	207.18	341.41	193.37
Accrued Expenses	526.9	585.94	546.96	412.18	292.99
Current Portion of Long-Term Debt	215.98	236.42	96.24	-	3.9
Unearned Revenue	1,014	712	413.58	263.22	201.87
Other Current Liabilities	91.06	60.88	42.2	21.25	34.75
Total Current Liabilities	2,254	2,077	1,306	1,038	726.88
Long-Term Debt	282.59	373.35	464.07	184.35	236.01
Other Long-Term Liabilities	1,247	1,696	1,907	1,193	491.31
Total Long-Term Liabilities	1,529	2,069	2,372	1,377	727.32
Total Liabilities	3,783	4,147	3,678	2,415	1,454
Common Stock	0.11	0.11	0.11	0.11	0.11
Additional Paid-in Capital	2,902	2,898	2,890	2,887	2,871
Accumulated Other Comprehensive Income	-155.47	-184.06	-174.13	-191.82	-96.36
Retained Earnings	6,791	5,263	3,971	3,140	3,184
Shareholders' Equity	9,538	7,978	6,687	5,836	5,960
Total Liabilities & Equity	13,321	12,124	10,365	8,251	7,414
Total Debt	498.57	609.78	560.31	184.35	239.9
Net Cash (Debt)	2,357	1,183	1,542	2,394	1,586
Net Cash Growth	99.19%	-23.28%	-35.57%	50.91%	8.06%
Net Cash Per Share	21.92	11.00	14.36	22.46	14.83
Book Value	9,538	7,978	6,687	5,836	5,960
Book Value Per Share	88.69	74.19	62.28	54.77	55.74
Tangible Book Value	9,456	7,895	6,593	5,790	5,900
Tangible Book Value Per Share	87.93	73.42	61.41	54.34	55.18

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.