First Solar (FSLR) financial statements

+935.6%since 2007
FY2025 revenue
$5.2B▲ +24.1%
FY2025 net income
$1.5B▲ +18.3%
FY2025 diluted EPS
$14.21▲ +18.2%
FY2025 free cash flow
$1.2B

First Solar income statement

First Solar income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue5,2194,2063,319
Gross profit2,1201,8581,301
Operating income1,5971,394857
Pretax income1,5811,406891
Net income1,5281,292831
Diluted earnings per share14.2112.027.74

First Solar balance sheet

First Solar balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents2,8041,6381,965
Total assets13,32112,12410,365
Total liabilities3,7834,1473,678
Total equity9,5387,9786,687
Long-term debt283373464

First Solar cash flow statement

First Solar cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow2,0571,218602
Capital expenditure-870-1,526-1,387
Free cash flow (derived)1,187-308-785

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)1,2311,0561,0441,683
Operating income (derived)546450345548
Net income (derived)571423347521
Diluted earnings per share5.303.923.22n/a
Operating cash flow (derived)-43-145-2151,242
Total assets14,02013,38913,35113,321

First Solar major shareholders

First Solar major shareholders
HolderShare of classSharesFiled
BlackRock, Inc.11.8%12,659,89829 July 2026
Vanguard Capital Management7.3%7,836,03930 April 2026
G1 Execution Services, LLC7.0%7,518,53214 August 2026
SIG Brokerage, LP7.0%7,518,53214 August 2026
Susquehanna Fundamental Investments, LLC7.0%7,518,53214 August 2026

First Solar 10-K and SEC filings

First Solar 10-K and SEC filings
FiledFormTypeDescription
29 October 202610-QQuarterly reportQuarterly report
29 October 20268-KCurrent reportCurrent report
30 July 202610-QQuarterly reportQuarterly report
30 July 20268-KCurrent reportCurrent report
15 May 20268-KCurrent reportCurrent report
30 April 202610-QQuarterly reportQuarterly report
30 April 20268-KCurrent reportCurrent report
24 February 202610-KAnnual reportAnnual report

Common questions

What was First Solar's revenue in fiscal 2025?

First Solar reported $5.2 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 24.1% from fiscal 2024.

What was First Solar's net income in fiscal 2025?

First Solar reported net income of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 18.3% from fiscal 2024. Diluted earnings per share were $14.21.

What was First Solar's free cash flow in fiscal 2025?

First Solar had $1.2 billion in free cash flow in fiscal 2025. Operating cash flow was $2.1 billion and capital expenditure was $870 million.

What were First Solar's total assets at the end of fiscal 2025?

First Solar reported total assets of $13.3 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much First Solar history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.