First Solar, Inc. financial data

Symbol
FSLR on Nasdaq
Location
350 West Washington Street, Suite 600, Tempe, AZ
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Oct 30, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 202 % -19.7%
Quick Ratio 47 % -23.5%
Debt-to-equity 49.9 % -6.24%
Return On Assets 11.1 % -3.32%
Operating Margin 29.8 % -14%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107M shares +0.23%
Common Stock, Shares, Outstanding 107M shares +0.23%
Entity Public Float 24B USD +18.8%
Common Stock, Value, Issued 107K USD 0%
Weighted Average Number of Shares Outstanding, Basic 107M shares +0.2%
Weighted Average Number of Shares Outstanding, Diluted 108M shares -0.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.05B USD +31.2%
Research and Development Expense 214M USD +13.4%
Operating Income (Loss) 1.51B USD +12.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.48B USD +10.4%
Income Tax Expense (Benefit) 75.5M USD -14.7%
Net Income (Loss) Attributable to Parent 1.4B USD +12.2%
Earnings Per Share, Basic 13 USD/shares +12.2%
Earnings Per Share, Diluted 13 USD/shares +12.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.99B USD +98.2%
Accounts Receivable, after Allowance for Credit Loss, Current 1.44B USD +89.2%
Inventory, Net 1.1B USD -12%
Other Assets, Current 635M USD +20%
Assets, Current 5.9B USD +54.6%
Deferred Income Tax Assets, Net 184M USD -22.8%
Property, Plant and Equipment, Net 5.76B USD +8.14%
Operating Lease, Right-of-Use Asset 153M USD +29.3%
Intangible Assets, Net (Excluding Goodwill) 51.3M USD -9.5%
Goodwill 30.7M USD +3.71%
Other Assets, Noncurrent 766M USD +24.4%
Assets 13.5B USD +17.7%
Accounts Payable, Current 285M USD +7.25%
Employee-related Liabilities, Current 50.2M USD +69.5%
Accrued Liabilities, Current 588M USD +12.8%
Liabilities, Current 3.09B USD +73.4%
Deferred Income Tax Liabilities, Net 56.3M USD +6.33%
Operating Lease, Liability, Noncurrent 91.8M USD +32.2%
Other Liabilities, Noncurrent 263M USD +15.5%
Liabilities 4.44B USD +15.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -155M USD +8.28%
Retained Earnings (Accumulated Deficit) 6.27B USD +28.8%
Stockholders' Equity Attributable to Parent 9.02B USD +18.7%
Liabilities and Equity 13.5B USD +17.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -608M USD -327%
Net Cash Provided by (Used in) Financing Activities -99.6M USD -345%
Net Cash Provided by (Used in) Investing Activities -88.2M USD +84.5%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 107M shares +0.23%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -794M USD -203%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2B USD +96%
Deferred Tax Assets, Valuation Allowance 168M USD +12.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 785M USD +53.6%
Operating Lease, Liability 108M USD +32.2%
Payments to Acquire Property, Plant, and Equipment 206M USD -50.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.41B USD +10.7%
Lessee, Operating Lease, Liability, to be Paid 152M USD +42.4%
Property, Plant and Equipment, Gross 8.19B USD +12.1%
Operating Lease, Liability, Current 16.1M USD +32.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.3M USD -12.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 19.4M USD +23.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 44.5M USD +74.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.8M USD +3.62%
Deferred Tax Assets, Operating Loss Carryforwards 163M USD +36.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares 0%
Unrecognized Tax Benefits 23.9M USD +42.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10M USD -9.46%
Operating Lease, Payments 3.85M USD +28.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.6M USD -3.7%
Deferred Tax Assets, Net of Valuation Allowance 618M USD +70.6%
Share-based Payment Arrangement, Expense 22.8M USD -30.8%
Interest Expense 21.4M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%