First Solar, Inc. financial data

Symbol
FSLR on Nasdaq
Industry
Semiconductors & Related Devices
Location
350 West Washington Street, Suite 600, Tempe, AZ
State of incorporation
DE
Fiscal year end
December 31
Former names
FIRST SOLAR HOLDINGS LLC (to 12/23/2003)
Latest financial report
10-K - Q4 2024 - Feb 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 231 % -29.9%
Quick Ratio 58.6 % -12.9%
Debt-to-equity 52.5 % +3.63%
Return On Assets 11.4 % +28.7%
Operating Margin 33.2 % +28.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107M shares +0.02%
Common Stock, Shares, Outstanding 107M shares +0.2%
Entity Public Float 24B USD +18.8%
Common Stock, Value, Issued 107K USD 0%
Weighted Average Number of Shares Outstanding, Basic 107M shares +0.21%
Weighted Average Number of Shares Outstanding, Diluted 108M shares +0.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.21B USD +26.7%
Research and Development Expense 191M USD +25.7%
Operating Income (Loss) 1.39B USD +62.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.41B USD +57.8%
Income Tax Expense (Benefit) 114M USD +88.9%
Net Income (Loss) Attributable to Parent 1.29B USD +55.5%
Earnings Per Share, Basic 12.1 USD/shares +55.1%
Earnings Per Share, Diluted 12 USD/shares +55.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.62B USD -16.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.26B USD +90.8%
Inventory, Net 1.08B USD +32.3%
Other Assets, Current 547M USD +39.5%
Assets, Current 5.09B USD +9.8%
Deferred Income Tax Assets, Net 209M USD +46.2%
Property, Plant and Equipment, Net 5.41B USD +23.1%
Operating Lease, Right-of-Use Asset 114M USD +35.4%
Intangible Assets, Net (Excluding Goodwill) 54.7M USD -15.3%
Goodwill 28.3M USD -4.55%
Other Assets, Noncurrent 698M USD +45.8%
Assets 12.1B USD +17%
Accounts Payable, Current 482M USD +133%
Employee-related Liabilities, Current 30.6M USD -45.3%
Accrued Liabilities, Current 509M USD -3.1%
Liabilities, Current 2.08B USD +59.1%
Deferred Income Tax Liabilities, Net 54.7M USD +27.9%
Operating Lease, Liability, Noncurrent 66.2M USD +80.6%
Other Liabilities, Noncurrent 234M USD +29.4%
Liabilities 4.15B USD +12.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -184M USD -5.7%
Retained Earnings (Accumulated Deficit) 5.26B USD +32.5%
Stockholders' Equity Attributable to Parent 7.98B USD +19.3%
Liabilities and Equity 12.1B USD +17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 268M USD
Net Cash Provided by (Used in) Financing Activities 40.7M USD -62.2%
Net Cash Provided by (Used in) Investing Activities -569M USD +11.9%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 107M shares +0.2%
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 -262M USD +54.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.64B USD -16.6%
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 78M USD +66.1%
Payments to Acquire Property, Plant, and Equipment 413M USD +11.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.28B USD +51.1%
Lessee, Operating Lease, Liability, to be Paid 102M USD +92.1%
Property, Plant and Equipment, Gross 7.5B USD +23.2%
Operating Lease, Liability, Current 11.8M USD +14.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.8M USD +20.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.3M USD +25.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24.3M USD +286%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.3M USD +13.9%
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 11M USD +50.2%
Operating Lease, Payments 3M USD +9.01%
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 28.1M USD -17.9%
Interest Expense 21.4M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%