First Solar, Inc. (FSLR)
NASDAQ · Energy · Solar
Profile
First Solar, Inc.
- Exchange
- NASDAQ
- Ticker
- FSLR
- Sector
- Energy
- Industry
- Solar
- Country
- US
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
Key facts
First Solar, Inc.: key facts
- First Solar, Inc. (NASDAQ: FSLR) is a Solar company in the Energy sector.
- In fiscal 2025, First Solar, Inc. reported revenue of $5.2B and net income of $1.5B.
- Revenue grew 15.6% a year over the last 4 fiscal years.
- Free cash flow was positive in 1 of the last 5 fiscal years.
- Net income was positive in 4 of the last 5 fiscal years.
- Over the last twelve months, revenue was $5.0B and net income was $1.9B.
MonkScore
First Solar, Inc.'s MonkScore
MonkScore
MonkScore range: 40–50
as of October 2026
Sector rank: 157 of 301 in Energy
How this score is madeDisclaimer
Pillar ranges
- Growth80–90
- Profitability40–50
- Quality80–90
- Market Conviction30–40
- Safety0–10
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
First Solar, Inc.'s annual figures and the last twelve months, in USD. Last report: 30 September 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $5.0B | $5.2B | $4.2B | $3.3B | $2.6B | $2.9B |
| Gross profit | $2.5B | $2.1B | $1.9B | $1.3B | $69.9M | $730.0M |
| Operating income | $1.9B | $1.6B | $1.4B | $857.3M | -$27.2M | $586.8M |
| Net income | $1.9B | $1.5B | $1.3B | $830.8M | -$44.2M | $468.7M |
| Operating cash flow | $839.2M | $2.1B | $1.2B | $602.3M | $873.4M | $237.6M |
| Capital expenditure | -$606.4M | -$869.9M | -$1.5B | -$1.4B | -$903.6M | -$540.3M |
| Free cash flow | $232.8M | $1.2B | -$308.1M | -$784.5M | -$30.2M | -$302.7M |
| Total debt | $325.0M | $498.6M | $718.8M | $624.4M | $234.1M | $398.6M |
| Cash | $1.6B | $2.8B | $1.6B | $1.9B | $1.5B | $1.5B |
Revenue growth a year
- 1-year
- 24.1%
- 3-year
- 25.8%
- 4-year
- 15.6%
Compound growth between fiscal years.
Peers
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Page built on 31 October 2026.