First Solar, Inc. (FSLR)

First Solar Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,363	2,804	1,621	1,947	1,481	1,451
Short-Term Investments	63.58	51.85	171.58	155.5	1,097	375.39
Cash & Short-Term Investments	2,427	2,855	1,793	2,102	2,578	1,826
Cash Growth	172.42%	59.25%	-14.72%	-18.44%	41.18%	4.52%
Accounts Receivable	1,374	1,294	1,261	660.78	324.34	454.71
Other Receivables	285.16	499.59	403.76	659.75	-	-
Total Trade Receivables	1,659	1,794	1,665	1,321	324.34	454.71
Inventory	893.88	736.73	1,084	819.9	621.38	666.3
Other Current Assets	666.19	643.1	546.88	391.9	267.73	244.19
Total Current Assets	5,646	6,029	5,089	4,635	3,791	3,191
Net Property, Plant & Equipment	5,666	5,676	5,414	4,397	3,537	2,867
Other Intangible Assets	64.88	51.01	54.65	64.51	31.11	45.51
Goodwill	30.58	31.1	28.34	29.69	14.46	14.46
Other Long-Term Assets	1,944	1,535	1,539	1,239	877.34	1,296
Total Assets	13,351	13,321	12,124	10,365	8,251	7,414
Accounts Payable	306.83	405.78	482.19	207.18	341.41	193.37
Accrued Expenses	459.3	526.9	585.94	546.96	412.18	292.99
Current Portion of Long-Term Debt	188.59	215.98	236.42	96.24	-	3.9
Unearned Revenue	1,203	1,014	712	413.58	263.22	201.87
Other Current Liabilities	50.41	91.06	60.88	42.2	21.25	34.75
Total Current Liabilities	2,208	2,254	2,077	1,306	1,038	726.88
Long-Term Debt	237.18	282.59	373.35	464.07	184.35	236.01
Other Long-Term Liabilities	1,027	1,247	1,696	1,907	1,193	491.31
Total Long-Term Liabilities	1,264	1,529	2,069	2,372	1,377	727.32
Total Liabilities	3,473	3,783	4,147	3,678	2,415	1,454
Common Stock	0.11	0.11	0.11	0.11	0.11	0.11
Additional Paid-in Capital	2,909	2,902	2,898	2,890	2,887	2,871
Accumulated Other Comprehensive Income	-168.2	-155.47	-184.06	-174.13	-191.82	-96.36
Retained Earnings	7,138	6,791	5,263	3,971	3,140	3,184
Shareholders' Equity	9,879	9,538	7,978	6,687	5,836	5,960
Total Liabilities & Equity	13,351	13,321	12,124	10,365	8,251	7,414
Total Debt	425.78	498.57	609.78	560.31	184.35	239.9
Net Cash (Debt)	2,001	2,357	1,183	1,542	2,394	1,586
Net Cash Growth	-15.10%	99.19%	-23.28%	-35.57%	50.91%	8.06%
Net Cash Per Share	18.60	21.92	11.00	14.36	22.46	14.83
Book Value	9,879	9,538	7,978	6,687	5,836	5,960
Book Value Per Share	91.82	88.69	74.19	62.28	54.77	55.74
Tangible Book Value	9,783	9,456	7,895	6,593	5,790	5,900
Tangible Book Value Per Share	90.94	87.93	73.42	61.41	54.34	55.18

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q