NASDAQ · Financial Statements
First Solar, Inc. (FSLR) Financial Statements
$172.64
NASDAQ: FSLR
Market Cap $18.55B
Overview Financials Dividend
First Solar, Inc. most recently reported annual revenue of $5.2B, net profit of $1.5B. Revenue grew at an average annual rate of 14.0% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Annual Financials (USD)
Metric 2021 2022 2023 2024 2025
Revenue $2.9B $2.6B $3.3B $4.2B $5.2B Operating Profit $587.0M $-27.0M $857.0M $1.4B $1.6B Net Profit $469.0M $-44.0M $831.0M $1.3B $1.5B EPS $4.38 $-0.41 $7.74 $12.02 $14.21 Op Margin 20.1% -1.0% 25.8% 33.1% 30.6%
Balance Sheet (USD)
Metric 2021 2022 2023 2024 2025
Total Assets $7.4B $8.3B $10.4B $12.1B $13.3B Total Liabilities $1.5B $2.4B $3.7B $4.1B $3.8B Cash $1.5B $1.5B $1.9B $1.6B $2.8B Borrowings $399.0M $234.0M $624.0M $719.0M $499.0M
Cash Flow (USD)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $238.0M $873.0M $602.0M $1.2B $2.1B Investing Cash Flow $-639.0M $-2.1B $-1.9B $-3.1B $-1.6B Financing Cash Flow $-16.0M $-12.0M $-31.0M $-28.0M $-16.0M Net Cash Flow $182.0M $38.0M $472.0M $-327.0M $1.2B Free Cash Flow $-303.0M $-30.0M $-785.0M $-308.0M $1.2B
Valuation & Return Ratios
Metric Value PEG Ratio 0.28 EV / EBITDA 7.15 FCF Yield 7.92% Quick Ratio 2.00 Interest Coverage 46.88 Return 1Y -26.93% Return 3Y 9.92% Return 5Y 69.52%
Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer .