HomeFSLR • NASDAQ
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First Solar Inc
Previous close
$262.70
Day range
$261.03 - $279.59
Year range
$116.56 - $279.59
Market cap
29.77B USD
Avg Volume
2.34M
P/E ratio
21.30
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 1.59B | 79.67% |
Operating expense | 144.65M | 17.30% |
Net income | 455.94M | 45.69% |
Net profit margin | 28.59 | -18.92% |
Earnings per share | 4.24 | 45.70% |
EBITDA | 604.16M | 39.48% |
Effective tax rate | 0.96% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.04B | 60.65% |
Total assets | 13.46B | 17.69% |
Total liabilities | 4.44B | 15.64% |
Total equity | 9.02B | — |
Shares outstanding | 107.31M | — |
Price to book | 3.13 | — |
Return on assets | 8.86% | — |
Return on capital | 11.94% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | 455.94M | 45.69% |
Cash from operations | 1.27B | 2,470.23% |
Cash from investing | -227.73M | 65.80% |
Cash from financing | -222.56M | -1,122.03% |
Net change in cash | 821.88M | 218.24% |
Free cash flow | 1.04B | 300.53% |
About
First Solar, Inc. is a publicly traded American manufacturer of solar panels. It provides end-of-life panel recycling at each of its manufacturing facilities. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride as a semiconductor.
The company was founded in 1990 by inventor Harold McMaster as Solar Cells, Inc. In 1999 it was purchased by True North Partners, LLC, which rebranded it as First Solar, Inc.
The company went public in 2006, trading on the NASDAQ as FSLR. It has been listed on the Photovoltaik Global 30 Index since the beginning of this stock index in 2009. Its current chief executive is Mark Widmar, who succeeded the previous CEO, James Hughes, July 1, 2016.
The Arizona-based manufacturer opened a $1.1 billion manufacturing facility in Alabama in September 2024. The company operates three manufacturing facilities in Ohio and is currently constructing a $1.1 billion 3.5 GW plant in Louisiana. Once the Louisiana facility is operational, the company expects to have more than 14 GW of domestic capacity by 2026. Wikipedia
Founded
1999
Headquarters
Website
Employees
8,100
