First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
308.83
-2.18 (-0.70%)
Jun 3, 2026, 10:01 AM EDT - Market open
First Solar Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
| 5,419 | 5,219 | 4,206 | 3,319 | 2,619 | 2,923 | |
Revenue Growth (YoY) | 27.30% | 24.09% | 26.75% | 26.70% | -10.40% | 7.82% |
Cost of Revenue | 3,157 | 3,099 | 2,348 | 2,018 | 2,549 | 2,193 |
Gross Profit | 2,262 | 2,120 | 1,858 | 1,301 | 69.86 | 729.95 |
Selling, General & Admin | 215.93 | 203.76 | 188.26 | 197.62 | 164.72 | 170.32 |
Research & Development | 247.98 | 233.42 | 191.38 | 152.31 | 112.8 | 99.12 |
Other Operating Expenses | 77.24 | 86.3 | 84.92 | 100.37 | 73.08 | 21.05 |
Total Operating Expenses | 541.14 | 523.48 | 464.56 | 450.3 | 350.61 | 290.49 |
Operating Income | 1,721 | 1,597 | 1,394 | 857.27 | -27.24 | 586.75 |
Interest Income | 91.76 | 81.76 | 89.09 | 97.67 | 33.28 | 6.18 |
Interest Expense | -42.22 | -44.13 | -38.87 | -12.97 | -12.23 | -13.11 |
Other Non-Operating Income (Expense) | -52.27 | -53.58 | -37.19 | -43.8 | 268.29 | 139.62 |
Total Non-Operating Income (Expense) | -2.74 | -15.95 | 13.03 | 40.91 | 289.35 | 132.7 |
Pretax Income | 1,718 | 1,581 | 1,406 | 891.29 | 8.6 | 572.16 |
Provision for Income Taxes | 52.88 | 52.68 | 114.29 | 60.51 | 52.76 | 103.47 |
Net Income | 1,665 | 1,528 | 1,292 | 830.78 | -44.17 | 468.69 |
Net Income to Common | 1,665 | 1,528 | 1,292 | 830.78 | -44.17 | 468.69 |
Net Income Growth | 31.65% | 18.28% | 55.52% | - | - | 17.66% |
Shares Outstanding (Basic) | 107 | 107 | 107 | 107 | 107 | 106 |
Shares Outstanding (Diluted) | 108 | 108 | 108 | 107 | 107 | 107 |
Shares Change (YoY) | 0.06% | 0.01% | 0.14% | 0.77% | -0.35% | 0.22% |
EPS (Basic) | 15.52 | 14.25 | 12.07 | 7.78 | -0.41 | 4.41 |
EPS (Diluted) | 15.48 | 14.21 | 12.02 | 7.74 | -0.41 | 4.38 |
EPS Growth | 31.63% | 18.22% | 55.30% | - | - | 17.43% |
Shares Outstanding | 107.45 | 107.31 | 107.06 | 106.85 | 106.61 | 106.33 |
Free Cash Flow | 1,668 | 1,187 | -308.08 | -784.52 | -30.24 | -302.73 |
Free Cash Flow Growth | 40.48% | - | - | - | - | - |
Free Cash Flow Per Share | 15.50 | 11.04 | -2.87 | -7.31 | -0.28 | -2.83 |
Gross Margin | 41.74% | 40.62% | 44.17% | 39.19% | 2.67% | 24.97% |
Operating Margin | 31.76% | 30.59% | 33.15% | 25.83% | -1.04% | 20.07% |
Profit Margin | 30.73% | 29.28% | 30.72% | 25.03% | -1.69% | 16.03% |
FCF Margin | 30.78% | 22.75% | -7.32% | -23.64% | -1.15% | -10.36% |
EBITDA | 2,273 | 2,126 | 1,818 | 1,165 | 242.49 | 846.65 |
EBITDA Margin | 41.94% | 40.73% | 43.22% | 35.11% | 9.26% | 28.96% |
EBIT | 1,721 | 1,597 | 1,394 | 857.27 | -27.24 | 586.75 |
EBIT Margin | 31.76% | 30.59% | 33.15% | 25.83% | -1.04% | 20.07% |
Effective Tax Rate | 3.08% | 3.33% | 8.13% | 6.79% | 613.68% | 18.08% |