First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
171.39
-0.91 (-0.53%)
At close: Nov 13, 2026, 4:00 PM EST
170.25
-1.14 (-0.67%)
After-hours: Nov 13, 2026, 5:41 PM EST
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 | Sep '26 Sep 30, 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 |
| 5,014 | 5,219 | 4,206 | 3,319 | 2,619 | 2,923 | |
Revenue Growth | -0.72% | 24.09% | 26.75% | 26.70% | -10.40% | 7.82% |
Cost of Revenue | 2,545 | 3,099 | 2,348 | 2,018 | 2,549 | 2,193 |
Gross Profit | 2,470 | 2,120 | 1,858 | 1,301 | 69.86 | 729.95 |
Selling, General & Admin | 233.29 | 203.76 | 188.26 | 197.62 | 164.72 | 170.32 |
Research & Development | 276.36 | 233.42 | 191.38 | 152.31 | 112.8 | 99.12 |
Operating Expenses | 579.82 | 523.48 | 464.13 | 414.71 | 350.61 | 290.49 |
Operating Income | 1,890 | 1,597 | 1,394 | 885.97 | -280.75 | 439.47 |
Interest Expense | -26.87 | -44.13 | -38.87 | -12.97 | -12.23 | -13.11 |
Interest & Investment Income | 110.42 | 81.76 | 89.09 | 97.67 | 33.28 | 6.18 |
Currency Exchange Gain (Loss) | -33.53 | -40.76 | -29.64 | -23.3 | -15.46 | -9.18 |
Other Non Operating Income (Expenses) | -7.91 | -12.81 | -8.67 | -27.37 | 30.23 | -10.18 |
EBT Excluding Unusual Items | 1,932 | 1,581 | 1,406 | 920.01 | -244.91 | 413.18 |
Gain (Loss) on Sale of Investments | -0.75 | -0.01 | 0.01 | -0.01 | - | 11.7 |
Gain (Loss) on Sale of Assets | - | - | 1.12 | 6.88 | 253.51 | 147.28 |
Legal Settlements | - | - | -0.43 | -35.59 | - | - |
Pretax Income | 1,931 | 1,581 | 1,406 | 891.29 | 8.6 | 572.16 |
Income Tax Expense | 69.95 | 52.68 | 114.29 | 60.51 | 52.76 | 103.47 |
Net Income | 1,861 | 1,528 | 1,292 | 830.78 | -44.17 | 468.69 |
Net Income to Common | 1,861 | 1,528 | 1,292 | 830.78 | -44.17 | 468.69 |
Net Income Growth | 32.89% | 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 | 0.15% | 0.01% | 0.14% | 0.77% | -0.35% | 0.22% |
EPS (Basic) | 17.33 | 14.25 | 12.07 | 7.78 | -0.41 | 4.41 |
EPS (Diluted) | 17.29 | 14.21 | 12.02 | 7.74 | -0.41 | 4.38 |
EPS Growth | 32.68% | 18.22% | 55.30% | - | - | 17.43% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 232.79 | 1,187 | -308.08 | -784.52 | -30.24 | -302.73 |
Free Cash Flow Per Share | 2.16 | 11.04 | -2.87 | -7.31 | -0.28 | -2.83 |
Gross Margin | 49.25% | 40.62% | 44.17% | 39.19% | 2.67% | 24.97% |
Operating Margin | 37.69% | 30.59% | 33.13% | 26.70% | -10.72% | 15.03% |
Profit Margin | 37.12% | 29.28% | 30.72% | 25.03% | -1.69% | 16.03% |
Free Cash Flow Margin | 4.64% | 22.75% | -7.32% | -23.64% | -1.15% | -10.36% |
EBITDA | 2,482 | 2,126 | 1,817 | 1,194 | -11.02 | 699.37 |
EBITDA Margin | 49.49% | 40.73% | 43.20% | 35.98% | -0.42% | 23.92% |
D&A For EBITDA | 591.95 | 529.22 | 423.5 | 307.99 | 269.72 | 259.9 |
EBIT | 1,890 | 1,597 | 1,394 | 885.97 | -280.75 | 439.47 |
EBIT Margin | 37.69% | 30.59% | 33.13% | 26.70% | -10.72% | 15.03% |
Effective Tax Rate | 3.62% | 3.33% | 8.13% | 6.79% | 613.68% | 18.08% |