FIRST SOLAR, INC. financial data

Symbol
FSLR on Nasdaq
Location
Phoenix, AZ
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 24 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207% % -10%
Quick Ratio 43% % -27%
Debt-to-equity 47% % -11%
Return On Assets 12% % 3.6%
Operating Margin 31% % -7.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107,310,994 shares 0.06%
Common Stock, Shares, Outstanding 107,309,794 shares 0.23%
Entity Public Float $17,700,000,000 USD -26%
Common Stock, Value, Issued $107,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 107,235,000 shares 0.21%
Weighted Average Number of Shares Outstanding, Diluted 107,537,000 shares 0.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $5,219,376,000 USD 24%
Research and Development Expense $233,421,000 USD 22%
Operating Income (Loss) $1,596,864,000 USD 15%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,580,913,000 USD 12%
Income Tax Expense (Benefit) $52,684,000 USD -54%
Net Income (Loss) Attributable to Parent $1,528,229,000 USD 18%
Earnings Per Share, Basic 14.25 USD/shares 18%
Earnings Per Share, Diluted 14.21 USD/shares 18%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $2,803,514,000 USD 73%
Accounts Receivable, after Allowance for Credit Loss, Current $1,294,040,000 USD 2.6%
Inventory, Net $736,734,000 USD -32%
Other Assets, Current $643,103,000 USD 18%
Assets, Current $6,028,832,000 USD 18%
Deferred Income Tax Assets, Net $194,672,000 USD -6.8%
Property, Plant and Equipment, Net $5,675,794,000 USD 4.8%
Operating Lease, Right-of-Use Asset $161,756,000 USD 42%
Intangible Assets, Net (Excluding Goodwill) $51,007,000 USD -6.7%
Goodwill $31,095,000 USD 9.7%
Other Assets, Noncurrent $759,669,000 USD 8.9%
Assets $13,321,310,000 USD 9.9%
Accounts Payable, Current $405,775,000 USD -16%
Employee-related Liabilities, Current $67,023,000 USD 119%
Accrued Liabilities, Current $519,414,000 USD 2.1%
Liabilities, Current $2,254,102,000 USD 8.5%
Deferred Income Tax Liabilities, Net $69,691,000 USD 27%
Operating Lease, Liability, Noncurrent $103,753,000 USD 57%
Other Liabilities, Noncurrent $295,587,000 USD 26%
Liabilities $3,783,317,000 USD -8.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax $155,466,000 USD 16%
Retained Earnings (Accumulated Deficit) $6,791,339,000 USD 29%
Stockholders' Equity Attributable to Parent $9,537,993,000 USD 20%
Liabilities and Equity $13,321,310,000 USD 9.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $607,982,000 USD -327%
Net Cash Provided by (Used in) Financing Activities $99,619,000 USD -345%
Net Cash Provided by (Used in) Investing Activities $88,209,000 USD 84%
Common Stock, Shares Authorized 500,000,000 shares 0%
Common Stock, Shares, Issued 107,309,794 shares 0.23%
Common Stock, Par or Stated Value Per Share 0.001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $794,203,000 USD -203%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,814,031,000 USD 72%
Deferred Tax Assets, Valuation Allowance $173,460,000 USD 3.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $878,402,000 USD 12%
Operating Lease, Liability $118,936,000 USD 52%
Payments to Acquire Property, Plant, and Equipment $205,966,000 USD -50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,556,821,000 USD 21%
Lessee, Operating Lease, Liability, to be Paid $167,743,000 USD 64%
Property, Plant and Equipment, Gross $8,233,338,000 USD 9.7%
Operating Lease, Liability, Current $15,183,000 USD 29%
Lessee, Operating Lease, Liability, to be Paid, Year Two $14,113,000 USD 2.4%
Lessee, Operating Lease, Liability, to be Paid, Year One $20,832,000 USD 36%
Operating Lease, Weighted Average Discount Rate, Percent 0.057 pure 3.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $48,807,000 USD 100%
Lessee, Operating Lease, Liability, to be Paid, Year Three $13,670,000 USD 21%
Deferred Tax Assets, Operating Loss Carryforwards $304,853,000 USD 87%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30,000,000 shares 0%
Unrecognized Tax Benefits $32,078,000 USD 34%
Lessee, Operating Lease, Liability, to be Paid, Year Four $11,971,000 USD 8.5%
Operating Lease, Payments $3,846,000 USD 28%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance $704,942,000 USD 14%
Share-based Payment Arrangement, Expense $19,223,000 USD -32%
Interest Expense $21,427,000 USD 112%
Preferred Stock, Par or Stated Value Per Share 0.001 USD/shares 0%