First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. The company is headquartered in Phoenix, Arizona and currently employs 7,900 full-time employees. The company went IPO on 2006-11-17. The company is focused on enabling power generation needs with its advanced, thin film PV technology. The firm's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The firm's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 459 watts and 531 watts, respectively.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
Revenue
5,419
1,044
1,682
1,594
1,097
844
Revenue Growth (YoY)
27%
24%
11%
80%
9%
6%
Cost of Revenue
3,156
558
1,017
984
597
500
Gross Profit
2,262
486
665
610
499
344
Selling, General & Admin
293
73
51
84
83
70
Research & Development
247
66
65
60
54
52
Operating Expenses
541
140
117
144
138
123
Other Non Operating Income (Expenses)
-16
-3
-4
-6
-2
-1
Pretax Income
1,718
354
551
460
352
217
Income Tax Expense
52
7
30
4
10
7
Net Income
1,665
346
520
455
341
209
Net Income Growth
32%
66%
32%
46%
-2%
-11%
Shares Outstanding (Diluted)
107.62
107.62
107.67
107.53
107.51
107.41
Shares Change (YoY)
0%
0%
0%
0%
0%
0%
EPS (Diluted)
15.47
3.22
4.83
4.23
3.17
1.95
EPS Growth
32%
65%
32%
46%
-2%
-11%
Free Cash Flow
1,667
-333
1,070
1,069
-138
-813
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
41.74%
46.55%
39.53%
38.26%
45.48%
40.75%
Operating Margin
31.74%
33.04%
32.52%
29.23%
32.9%
26.18%
Profit Margin
30.72%
33.14%
30.91%
28.54%
31.08%
24.76%
Free Cash Flow Margin
30.76%
-31.89%
63.61%
67.06%
-12.57%
-96.32%
EBITDA
2,270
492
687
604
485
346
EBITDA Margin
41.88%
47.12%
40.84%
37.89%
44.21%
40.99%
D&A For EBITDA
550
147
140
138
124
125
EBIT
1,720
345
547
466
361
221
EBIT Margin
31.74%
33.04%
32.52%
29.23%
32.9%
26.18%
Effective Tax Rate
3.02%
1.97%
5.44%
0.86%
2.84%
3.22%
Follow-Up Questions
What are First Solar Inc's key financial statements?
According to the latest financial statement (Form-10K), First Solar Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for FSLR?
First Solar Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is First Solar Inc's revenue broken down by segment or geography?
First Solar Inc largest revenue segment is Other, at a revenue of 3,556,000 in the most earnings release.For geography, United States is the primary market for First Solar Inc, at a revenue of 3,904,844,000.
Is First Solar Inc profitable?
no, according to the latest financial statements, First Solar Inc has a net loss of $0
Does First Solar Inc have any liabilities?
no, First Solar Inc has liability of 0
How many outstanding shares for First Solar Inc?
First Solar Inc has a total outstanding shares of 0