First Solar, Inc. (FSLR)

First Solar Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,688	2,804	1,621	1,947	1,481	1,451
Short-Term Investments	38.69	51.85	171.58	155.5	1,097	375.39
Cash & Short-Term Investments	1,727	2,855	1,793	2,102	2,578	1,826
Cash Growth	49.67%	59.25%	-14.72%	-18.44%	41.18%	4.52%
Accounts Receivable	1,476	1,294	1,261	660.78	324.34	454.71
Other Receivables	388.85	623.64	525.89	725.05	5.27	-
Receivables	1,865	1,918	1,787	1,386	329.61	454.71
Inventory	1,376	1,016	1,299	968.12	735.8	778.37
Prepaid Expenses	111.79	99.28	75.25	62.48	43.26	28.23
Restricted Cash	-	-	8.26	8.26	3.18	1.53
Other Current Assets	237.79	141.01	127.05	107.64	101.59	102.36
Total Current Assets	5,317	6,029	5,089	4,635	3,791	3,191
Property, Plant & Equipment	5,840	5,872	5,557	4,499	3,630	3,074
Goodwill	30.14	31.1	28.34	29.69	14.46	14.46
Other Intangible Assets	63.37	51.01	54.65	64.51	31.11	45.51
Long-Term Accounts Receivable	-	16	94.37	-	-	42.13
Long-Term Deferred Tax Assets	198.59	194.67	208.81	142.82	78.68	59.16
Other Long-Term Assets	1,939	1,128	1,092	994.55	705.47	986.81
Total Assets	13,389	13,321	12,124	10,365	8,251	7,414

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	346.33	405.78	482.19	207.18	341.41	193.37
Accrued Expenses	252.16	351.12	310.27	308.68	223.35	192.11
Short-Term Debt	37.64	125.14	145.6	60.83	-	-
Current Portion of Long-Term Debt	-	90.84	90.82	35.41	-	3.9
Current Portion of Leases	14.37	18.09	13.28	10.36	9.19	12.78
Current Income Taxes Payable	46.59	7.49	77.36	22.13	29.4	4.54
Current Unearned Revenue	1,179	1,014	712	413.58	263.22	201.87
Other Current Liabilities	235.35	241.26	245.92	248	171.49	118.31
Total Current Liabilities	2,112	2,254	2,077	1,306	1,038	726.88
Long-Term Debt	-	282.59	373.35	464.07	184.35	236.01
Long-Term Leases	142.01	138.67	95.74	53.73	40.59	145.91
Long-Term Unearned Revenue	519.49	805.02	1,328	1,592	944.73	95.94
Long-Term Deferred Tax Liabilities	61.93	69.69	54.7	42.77	28.93	27.7
Other Long-Term Liabilities	233.02	233.24	217.72	219.34	178.53	221.76
Total Liabilities	3,068	3,783	4,147	3,678	2,415	1,454

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.11	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	2,916	2,902	2,898	2,890	2,887	2,871
Retained Earnings	7,561	6,791	5,263	3,971	3,140	3,184
Comprehensive Income & Other	-156.13	-155.47	-184.06	-174.13	-191.82	-96.36
Shareholders' Equity	10,320	9,538	7,978	6,687	5,836	5,960
Total Liabilities & Equity	13,389	13,321	12,124	10,365	8,251	7,414

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	194.01	655.34	718.8	624.39	234.13	398.59
Net Cash (Debt)	1,533	2,200	1,074	1,478	2,344	1,427
Net Cash Growth	1666.73%	104.81%	-27.33%	-36.94%	64.20%	12.86%
Net Cash Per Share	14.24	20.46	9.99	13.77	22.00	13.35
Filing Date Shares Outstanding	107.47	107.31	107.06	106.85	106.61	106.33
Total Common Shares Outstanding	107.47	107.31	107.06	106.85	106.61	106.33
Working Capital	3,205	3,775	3,012	3,329	2,753	2,464
Book Value Per Share	96.03	88.88	74.51	62.59	54.74	56.05
Tangible Book Value	10,227	9,456	7,895	6,593	5,790	5,900
Tangible Book Value Per Share	95.16	88.12	73.74	61.71	54.32	55.48
Land	39.49	39.58	38.88	35.36	35.26	18.36
Buildings	1,935	1,929	1,585	1,037	893.05	693.29
Machinery	5,939	5,909	4,982	3,755	2,909	2,949
Construction In Progress	529.06	321.52	858.54	1,224	1,122	461.71
Leasehold Improvements	34.04	34.14	40.3	40.08	40.16	40.52

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error