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 - Q2 2025 - Jul 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 208 % -24.5%
Quick Ratio 55.4 % -9.61%
Debt-to-equity 50.2 % -6.41%
Return On Assets 10.4 % -10.2%
Operating Margin 31.4 % -8.28%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107M shares +0.19%
Common Stock, Shares, Outstanding 107M shares +0.19%
Entity Public Float 24B USD +18.8%
Common Stock, Value, Issued 107K USD 0%
Weighted Average Number of Shares Outstanding, Basic 107M shares +0.19%
Weighted Average Number of Shares Outstanding, Diluted 108M shares -0.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.34B USD +15.4%
Research and Development Expense 204M USD +13.3%
Operating Income (Loss) 1.36B USD +5.85%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.34B USD +3.32%
Income Tax Expense (Benefit) 85.4M USD -11.2%
Net Income (Loss) Attributable to Parent 1.26B USD +4.48%
Earnings Per Share, Basic 11 USD/shares +4.44%
Earnings Per Share, Diluted 11 USD/shares +4.46%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.12B USD -34%
Accounts Receivable, after Allowance for Credit Loss, Current 1.73B USD +167%
Inventory, Net 1.41B USD +37.6%
Other Assets, Current 642M USD +21.8%
Assets, Current 5.42B USD +37.3%
Deferred Income Tax Assets, Net 205M USD +1.42%
Property, Plant and Equipment, Net 5.72B USD +11.4%
Operating Lease, Right-of-Use Asset 110M USD +37.8%
Intangible Assets, Net (Excluding Goodwill) 52M USD -12.3%
Goodwill 30.6M USD +5.97%
Other Assets, Noncurrent 702M USD +26.5%
Assets 12.9B USD +16.7%
Accounts Payable, Current 368M USD +59.2%
Employee-related Liabilities, Current 45.4M USD +44.9%
Accrued Liabilities, Current 593M USD +9.83%
Liabilities, Current 2.85B USD +60.9%
Deferred Income Tax Liabilities, Net 56.5M USD +28.3%
Operating Lease, Liability, Noncurrent 49M USD +54%
Other Liabilities, Noncurrent 222M USD +27.7%
Liabilities 4.31B USD +14.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -161M USD +14.6%
Retained Earnings (Accumulated Deficit) 5.81B USD +27.6%
Stockholders' Equity Attributable to Parent 8.55B USD +17.8%
Liabilities and Equity 12.9B USD +16.7%

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 +0.19%
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 1.18B USD -31.3%
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 63.4M USD +50.5%
Payments to Acquire Property, Plant, and Equipment 206M USD -50.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.28B USD +6.95%
Lessee, Operating Lease, Liability, to be Paid 82.9M USD +76.3%
Property, Plant and Equipment, Gross 8.02B USD +14.5%
Operating Lease, Liability, Current 14.3M USD +39.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.02M USD -18.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.2M USD +31.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.5M USD +299%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.36M USD +0.63%
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 5.54M USD -20.3%
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 22.3M USD -35.2%
Interest Expense 21.4M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%