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First Solar Inc
Previous close
€165.40
Day range
€161.34 - €161.34
Year range
€104.62 - €244.30
Market cap
19.94B USD
Avg Volume
947.00
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Revenue | 1.68B | 11.15% |
Operating expense | 117.42M | 5.89% |
Net income | 520.88M | 32.50% |
Net profit margin | 30.95 | 19.22% |
Earnings per share | 4.84 | 32.60% |
EBITDA | 688.55M | 18.47% |
Effective tax rate | 5.52% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.86B | 59.25% |
Total assets | 13.32B | 9.87% |
Total liabilities | 3.78B | -8.77% |
Total equity | 9.54B | — |
Shares outstanding | 107.31M | — |
Price to book | 1.86 | — |
Return on assets | 10.23% | — |
Return on capital | 13.63% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Net income | 520.88M | 32.50% |
Cash from operations | 1.24B | 53.13% |
Cash from investing | -187.23M | 15.43% |
Cash from financing | -243.67M | -892.99% |
Net change in cash | 812.07M | 31.67% |
Free cash flow | 410.19M | 206.55% |
About
First Solar, Inc. is a publicly traded American manufacturer of solar panels. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride as a semiconductor.
The predecessor company, Solar Cells, Inc., was founded in 1990 by inventor Harold McMaster. In 1999, Solar Cells, Inc., was purchased by True North Partners, LLC, led by Michael Ahearn, and rebranded 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, on July 1, 2016.
First Solar operates three manufacturing facilities in Ohio, one in Alabama, and one in Louisiana. As of March 2026, the company had approximately 14 GW of annual domestic nameplate capacity. The company expects to open a sixth domestic facility, a finishing facility, in South Carolina in the second half of 2026. When this facility is fully ramped in 2027, the company expects to have more than 17 GW of annual domestic nameplate capacity. Wikipedia
Founded
1999
Headquarters
Website
Employees
7,900