first solar inc. - FSLR

FSLR

Close Chg Chg %
192.85 0.66 0.34%

Closed Market

193.51

+0.66 (0.34%)

Volume: 1.14M

Last Updated:

Mar 25, 2026, 4:00 PM EDT

Company Overview: first solar inc. - FSLR

FSLR Key Data

Open

$195.43

Day Range

193.31 - 197.14

52 Week Range

116.56 - 285.99

Market Cap

$20.69B

Shares Outstanding

107.31M

Public Float

101.58M

Beta

1.65

Rev. Per Employee

N/A

P/E Ratio

13.57

EPS

$14.25

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.02M

 

FSLR Performance

1 Week
 
0.02%
 
1 Month
 
-2.21%
 
3 Months
 
-28.49%
 
1 Year
 
51.47%
 
5 Years
 
125.06%
 

FSLR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 38
Full Ratings ➔

About first solar inc. - FSLR

First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Phoenix, AZ.

FSLR At a Glance

First Solar, Inc.
4300 E Camelback Road
Phoenix, Arizona 85018
Phone 1-602-414-9300 Revenue 5.22B
Industry Semiconductors Net Income 1.53B
Sector Electronic Technology 2025 Sales Growth 24.085%
Fiscal Year-end 12 / 2026 Employees 7,900
View SEC Filings

FSLR Valuation

P/E Current 13.364
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.382
Price to Sales Ratio 5.382
Price to Book Ratio 2.939
Price to Cash Flow Ratio 13.66
Enterprise Value to EBITDA 11.701
Enterprise Value to Sales 4.961
Total Debt to Enterprise Value 0.025

FSLR Efficiency

Revenue/Employee 660,680.506
Income Per Employee 193,446.709
Receivables Turnover 2.691
Total Asset Turnover 0.41

FSLR Liquidity

Current Ratio 2.675
Quick Ratio 2.348
Cash Ratio 1.267

FSLR Profitability

Gross Margin 40.631
Operating Margin 32.255
Pretax Margin 30.289
Net Margin 29.28
Return on Assets 12.012
Return on Equity 17.45
Return on Total Capital 14.992
Return on Invested Capital 16.606

FSLR Capital Structure

Total Debt to Total Equity 6.871
Total Debt to Total Capital 6.429
Total Debt to Total Assets 4.919
Long-Term Debt to Equity 4.417
Long-Term Debt to Total Capital 4.133
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for First Solar Inc. - FSLR

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.62B 3.32B 4.21B 5.22B
Sales Growth
-10.40% +26.70% +26.75% +24.09%
Cost of Goods Sold (COGS) incl D&A
2.49B 2.02B 2.35B 3.10B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
269.72M 307.99M 417.70M 529.22M
Depreciation
258.82M 297.49M 407.20M 525.12M
Amortization of Intangibles
10.90M 10.50M 10.50M 4.10M
COGS Growth
+13.56% -18.73% +15.87% +32.08%
Gross Income
127.99M 1.29B 1.86B 2.12B
Gross Income Growth
-82.46% +910.89% +43.78% +14.00%
Gross Profit Margin
+4.89% +38.99% +44.22% +40.63%
2022 2023 2024 2025 5-year trend
SG&A Expense
277.53M 349.93M 379.64M 437.18M
Research & Development
112.80M 152.31M 191.38M 233.42M
Other SG&A
164.72M 197.62M 188.26M 203.76M
SGA Growth
+3.00% +26.09% +8.49% +15.16%
Other Operating Expense
- - - -
-
Unusual Expense
(48.39M) 37.28M 9.39M (26.89M)
EBIT after Unusual Expense
(101.15M) 906.60M 1.47B 1.71B
Non Operating Income/Expense
121.97M (2.34M) (25.95M) (85.37M)
Non-Operating Interest Income
33.28M 97.67M 89.09M 81.76M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
12.22M 12.96M 38.87M 44.13M
Interest Expense Growth
-4.43% +6.05% +199.81% +13.53%
Gross Interest Expense
12.22M 12.96M 38.87M 44.13M
Interest Capitalized
- - - -
-
Pretax Income
8.60M 891.29M 1.41B 1.58B
Pretax Income Growth
-98.50% +10,266.25% +57.79% +12.41%
Pretax Margin
+0.33% +26.86% +33.43% +30.29%
Income Tax
52.76M 60.51M 114.29M 52.68M
Income Tax - Current - Domestic
8.83M 52.98M 112.36M 22.41M
Income Tax - Current - Foreign
49.98M 20.77M 21.83M (7.74M)
Income Tax - Deferred - Domestic
(14.63M) (24.80M) (34.34M) 30.32M
Income Tax - Deferred - Foreign
8.57M 11.57M 14.44M 7.69M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(44.17M) 830.78M 1.29B 1.53B
Minority Interest Expense
- - - -
-
Net Income
(44.17M) 830.78M 1.29B 1.53B
Net Income Growth
-109.42% +1,981.03% +55.52% +18.28%
Net Margin Growth
-1.69% +25.03% +30.72% +29.28%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(44.17M) 830.78M 1.29B 1.53B
Preferred Dividends
- - - -
-
Net Income Available to Common
(44.17M) 830.78M 1.29B 1.53B
EPS (Basic)
-0.4145 7.7792 12.0735 14.2512
EPS (Basic) Growth
-109.40% +1,976.77% +55.20% +18.04%
Basic Shares Outstanding
106.55M 106.80M 107.02M 107.23M
EPS (Diluted)
-0.4145 7.7374 12.0162 14.2112
EPS (Diluted) Growth
-109.46% +1,966.68% +55.30% +18.27%
Diluted Shares Outstanding
106.55M 107.37M 107.53M 107.54M
EBITDA
120.18M 1.25B 1.90B 2.21B
EBITDA Growth
-83.31% +941.64% +51.63% +16.57%
EBITDA Margin
+4.59% +37.72% +45.13% +42.39%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 253.606
Number of Ratings 38 Current Quarters Estimate 3.066
FY Report Date 03 / 2026 Current Year's Estimate 17.951
Last Quarter’s Earnings 4.84 Median PE on CY Estimate N/A
Year Ago Earnings 14.21 Next Fiscal Year Estimate 23.834
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 24 30 28
Mean Estimate 3.07 4.38 17.95 23.83
High Estimates 5.21 5.92 23.85 37.43
Low Estimate 2.14 3.31 13.62 10.84
Coefficient of Variance 23.11 16.26 12.83 23.56

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 21 18 27
OVERWEIGHT 2 3 5
HOLD 14 14 6
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for First Solar Inc. - FSLR

Date Name Shares Transaction Value
Mar 5, 2026 Nathan Theurer VP - Global Controller and CAO 92 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 18,025.56
Mar 5, 2026 Alexander R. Bradley Chief Financial Officer 40,794 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 7,992,768.42
Mar 5, 2026 Alexander R. Bradley Chief Financial Officer 43,988 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Jason E. Dymbort General Counsel and Secretary 16,625 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 3,257,336.25
Mar 5, 2026 Jason E. Dymbort General Counsel and Secretary 19,898 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Kuntal Kumar Verma Chief Manufacturing Officer 8,334 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 1,632,880.62
Mar 5, 2026 Samantha Sloan EVP, Corporate Affairs 1,145 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 224,339.85
Mar 5, 2026 Samantha Sloan EVP, Corporate Affairs 1,256 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Mike Koralewski Chief Supply Chain Officer 12,865 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 2,520,639.45
Mar 5, 2026 Mike Koralewski Chief Supply Chain Officer 14,195 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Kuntal Kumar Verma Chief Manufacturing Officer 11,760 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Markus Gloeckler Chief Technology Officer 15,102 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Patrick James Buehler Chief Product Officer 7,224 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Mark R. Widmar Chief Executive Officer; Director 91,787 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 17,983,826.91
Mar 5, 2026 Mark R. Widmar Chief Executive Officer; Director 99,525 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Georges J. Antoun Chief Commercial Officer 17,705 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $194.95 per share 3,451,589.75
Mar 5, 2026 Georges J. Antoun Chief Commercial Officer 19,663 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Patrick James Buehler Chief Product Officer 5,863 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 1,148,737.59
Mar 5, 2026 Markus Gloeckler Chief Technology Officer 11,677 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 2,287,874.61
Mar 5, 2026 Caroline Stockdale Chief People and Comm. Officer 32,200 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.93 per share 6,308,946.00

First Solar Inc. in the News