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First Solar Inc

Technology US FSLR

267.31USD
-3.86(1.42%)

Last update at 2026-06-12T20:09:00Z

Day Range

266.32279.18
LowHigh

52 Week Range

119.09285.99
LowHigh

Fundamentals

  • Previous Close 271.17
  • Market Cap20051.39M
  • Volume1793202
  • P/E Ratio13.14
  • Dividend Yield-%
  • EBITDA2126.08M
  • Revenue TTM5219.38M
  • Revenue Per Share TTM48.67
  • Gross Profit TTM 2120.34M
  • Diluted EPS TTM14.20

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1580.91M 1406.34M 891.29M 8.60M 572.16M
Minority interest - - - - -
Net income 1528.23M 1292.04M 830.78M -44.16600M 468.69M
Selling general administrative 203.76M 188.26M 183.26M 164.72M 170.32M
Selling and marketing expenses - - - - -
Gross profit 2120.34M 1857.86M 1300.68M 69.86M 729.95M
Reconciled depreciation 529.22M 423.50M 288.84M 269.72M 259.90M
Ebit 1625.04M 1445.21M 904.25M -216.27400M 186.06M
Ebitda 2154.26M 1868.71M 1212.25M 53.45M 445.96M
Depreciation and amortization 529.22M 423.50M 307.99M 269.72M 259.90M
Non operating income net other - - - - -1.48200M
Operating income 1596.86M 1394.42M 857.27M -216.27400M 186.06M
Other operating expenses 3622.51M 2811.87M 2461.34M 2900.07M 2483.91M
Interest expense 44.13M 38.87M 12.96M 12.22M 13.11M
Tax provision 52.68M 114.29M 34.05M 52.76M 103.47M
Interest income 81.76M 89.09M 92.43M 33.28M 6.18M
Net interest income 37.63M 50.22M 83.40M 21.06M -6.92800M
Extraordinary items - - - - -
Non recurring - - - - 21.05M
Other items - - - - -
Income tax expense 52.68M 114.29M 60.51M 52.76M 103.47M
Total revenue 5219.38M 4206.29M 3318.60M 2619.32M 2923.38M
Total operating expenses 523.48M 463.44M 443.41M 350.61M 290.49M
Cost of revenue 3099.04M 2348.43M 2017.92M 2549.46M 2193.42M
Total other income expense net -15.95100M 11.92M 34.02M 224.87M 386.10M
Discontinued operations - - - - -
Net income from continuing ops 1528.23M 1292.04M 473.99M -44.16600M 468.69M
Net income applicable to common shares - - - -44.16600M 468.69M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 13321.31M 12124.36M 10365.13M 8251.23M 7413.75M
Intangible assets 51.01M 54.65M 64.51M 31.11M 45.51M
Earning assets - - - - -
Other current assets 1142.69M 138.86M 33.00M 237.07M 244.19M
Total liab 3783.32M 4146.78M 3677.66M 2415.17M 1454.19M
Total stockholder equity 9537.99M 7977.58M 6687.47M 5836.06M 5959.55M
Deferred long term liab - - - - -
Other current liab 610.47M 556.18M 578.80M 424.23M 327.74M
Common stock 0.11M 0.11M 0.11M 0.11M 0.11M
Capital stock 0.11M 0.11M 0.11M 0.11M 0.11M
Retained earnings 6791.34M 5263.11M 3971.07M 3140.29M 3184.45M
Other liab - - - 1152.19M 345.40M
Good will 31.09M 28.34M 29.69M 14.46M 14.46M
Other assets - - - 777.91M 1088.11M
Cash 2803.51M 1621.38M 1946.99M 1481.27M 1450.65M
Cash and equivalents - - - - -
Total current liabilities 2254.10M 2077.44M 1306.16M 1038.05M 726.88M
Current deferred revenue 1014.39M 712.00M 413.58M 263.21M 201.87M
Net debt -2304.94200M -902.57400M -1322.60500M -1287.72700M -1210.75300M
Short term debt 215.98M 249.71M 106.60M 9.19M 3.90M
Short long term debt 215.98M 236.42M 96.24M - 3.90M
Short long term debt total 498.57M 718.80M 624.39M 193.54M 239.90M
Other stockholder equity 9693.35M 2898.42M 2890.43M 2887.48M 2871.35M
Property plant equipment - - - 3636.33M 2887.10M
Total current assets 6028.83M 5089.03M 4634.81M 3791.42M 3191.24M
Long term investments - - - - -
Net tangible assets - - - 5790.49M 5899.58M
Short term investments 51.85M 171.58M 155.50M 1096.71M 375.39M
Net receivables 1294.04M 1808.74M 1407.62M 354.99M 454.71M
Long term debt 282.59M 373.35M 464.07M 184.35M 236.00M
Inventory 736.73M 1348.48M 1012.11M 621.38M 666.30M
Accounts payable 405.77M 482.19M 207.18M 341.41M 193.37M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -155.46600M -184.05800M -174.13100M -191.81700M -96.36200M
Additional paid in capital - - - - -
Common stock total equity - - - - 0.11M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - 3184.45M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1339.91M 1186.30M 545.43M 792.41M 1236.49M
Deferred long term asset charges - - - - -
Non current assets total 7292.48M 7035.33M 5730.32M 4459.81M 4222.50M
Capital lease obligations 156.76M 109.02M 64.08M 49.78M 158.69M
Long term debt total - - - - 236.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 113.10M -1563.30700M -869.68500M -1192.57400M 147.46M
Change to liabilities - - - 912.95M -56.84900M
Total cashflows from investing activities -765.16800M -1563.30700M -472.79100M -1192.57400M -99.04000M
Net borrowings -102.89300M 52.64M 367.98M 321.48M 56.54M
Total cash from financing activities -119.22800M 24.85M 336.85M 309.39M 40.55M
Change to operating activities - - - -93.31700M -125.24600M
Net income 1528.23M 1292.04M 830.78M -44.16600M 468.69M
Change in cash 1175.81M -326.84600M 471.61M 37.62M 182.24M
Begin period cash flow 1638.22M 1965.07M 1493.46M 1455.84M 1273.59M
End period cash flow 2814.03M 1638.22M 1965.07M 1493.46M 1455.84M
Total cash from operating activities 2057.11M 1218.00M 602.26M 873.37M 237.56M
Issuance of capital stock - - - - -
Depreciation 529.22M 423.50M 307.99M 269.72M 259.90M
Other cashflows from investing activities -8.39400M -12.99100M -9.04600M -3.05000M 293.79M
Dividends paid - - - - -
Change to inventory 377.72M -276.80700M -205.10600M 16.69M -136.36500M
Change to account receivables 30.62M -505.33600M -304.18300M 118.72M -222.19700M
Sale purchase of stock -15.52500M -20.17800M -31.13000M - -
Other cashflows from financing activities -0.81000M -7.61300M -31.13000M 385.29M 113.23M
Change to netincome - - - -350.82700M -57.14300M
Capital expenditures 869.88M 1526.08M 1386.78M 903.61M 540.29M
Change receivables - - - - -96.95100M
Cash flows other operating - - - - -143.72600M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - 179.07M
Change in working capital 127.65M -483.12000M -526.66400M 998.64M -336.70500M
Stock based compensation 19.22M 28.10M 34.22M 28.66M 20.90M
Other non cash items -172.82300M 12.23M 16.75M -366.68400M -225.07800M
Free cash flow 1187.23M -308.07700M -784.51500M -30.23600M -302.73200M

Peer Comparison

Sector: Technology Industry: Solar

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FSLR
First Solar Inc
-3.86 1.42% 267.31 13.14 11.49 3.84 2.17 3.54 8.58
ENPH
Enphase Energy Inc
-0.34 0.62% 54.59 136.61 18.32 6.79 9.24 6.51 53.17
NXT
Nextracker Inc. Class A Common Stock
2.20 1.84% 121.88 16.44 12.44 2.71 15.50 2.46 15.56
XISHY
Xinyi Solar Holdings Limited
- -% 6.41 11.55 14.93 0.22 1.24 0.24 1.12
GCPEF
GCL-Poly Energy Holdings Limited
- -% 0.10 - 3.12 0.34 0.76 3.38 4.02

Reports Covered

Stock Research & News

Profile

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Phoenix, Arizona.

First Solar Inc

4300 E Camelback Road, Phoenix, AZ, United States, 85018

Key Executives

Name Title Year Born
Mr. Mark R. Widmar CEO & Director 1966
Mr. Alexander R. Bradley Chief Financial Officer 1981
Mr. Jason E. Dymbort Gen. Counsel & Sec. 1978
Ms. Caroline Stockdale Chief People & Communications Officer 1963
Mr. Georges J. Antoun Chief Commercial Officer 1963
Mr. Byron Michael Jeffers Global Controller & Chief Accounting Officer 1983
Mr. Markus Gloeckler Chief Technology Officer 1973
Mr. Mitchell Ennis Mang. of Investor Relations NA
Mr. Michael Koralewski Chief Manufacturing Operations Officer 1972
Mr. Jigish Trivedi Sr. VP of Technology NA

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