1. United States of America Stocks

  2. •

    Energy

  3. •

    Solar
First Solar, Inc.

First Solar, Inc.

FSLR.SW
First Solar, Inc.CH flagSwiss Exchange
153.40
CHF
+90.53
- -
16.48BMarket Cap
First Solar, Inc.
FSLR.SW
(Swiss Exchange)

Recent

price

153.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
25.61
27.51
24.58
31.07
39.31
48.67
50.51
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.76
4.41
-0.41
7.78
12.07
14.25
15.52
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-3.58
-2.85
-0.28
-7.35
-2.88
11.07
15.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
25.65
29.97
29.47
37.19
49.18
63.33
66.53
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
51.48
55.52
54.34
61.74
73.77
88.18
91.18
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
106
106
107
107
107
107
107
Basic Weighted Avg Shares
2,564
2,766
3,369
3,310
3,391
4,113
2,905
2,941
2,244
3,063
2,711
2,923
2,619
3,319
4,206
5,219
5,419
Sales/Revenue/Turnover
29.21
13.92
12.81
13.82
12.44
17.75
8.63
7.31
1.79
6.57
11.93
15.03
-10.72
26.7
33.13
30.59
31.76
Operating Margin (%)
156
235
263
234
246
258
231
115
131
205
233
260
270
308
423
529
552
Depreciation Expense
664
-39
-96
351
396
593
-416
-166
144
-115
398
469
-44
831
1,292
1,528
1,665
Net Income, GAAP
12.84
- -
- -
7.9
7.22
4.41
- -
184.05
3.04
- -
- -
18.08
613.68
6.79
8.13
3.33
3.08
Effective Tax Rate (%)
25.91
-1.43
-2.86
10.6
11.68
14.43
-14.33
-5.63
6.43
-3.75
14.69
16.03
-1.69
25.03
30.72
29.28
30.73
Profit Margin (%)
1,115
1,640
1,731
2,205
2,077
2,385
2,880
3,182
3,014
2,282
2,167
2,464
2,753
3,329
3,012
3,775
3,437
Working Capital
211
619
500
163
162
251
187
424
461
567
427
382
225
518
469
421
381
LT Debt
3,455
3,644
3,606
4,503
4,991
5,548
5,218
5,099
5,212
5,097
5,521
5,960
5,836
6,687
7,978
9,538
9,879
Total Equity
19.94
- -
- -
9.48
7.89
12.65
- -
-3.29
0.69
- -
- -
5.78
23.05
12.25
15.83
16.2
17.15
Return on Invested Capital (%)
43.14
- -
- -
16.79
17.43
21.68
- -
-6.92
6.01
- -
- -
14.14
-3.07
21.15
25.11
23.4
24.68
Return on Capital (%)
49.81
-2.4
-6.11
20.55
19.19
23.58
-15.84
-6.96
6.09
-4.82
15.8
15.89
-1.4
23.36
27.98
25.35
26.41
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
485
234
206
LT Borrowings
283
283
237
LT Finance Leases
125
139
144
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
107
107
107
Market Capitalization
- -
- -
20,594

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,902
6,029
5,646
Cash, Cash Equivalents & STI
2,040
2,855
2,427
Accounts Receivable, Net
1,442
1,294
1,374
Inventories
1,427
1,073
1,229
Total Current Liabilities
3,090
2,254
2,208
Payables & Accruals
923
887
758
ST Debt
485
234
206
Deferred Revenue
1,555
1,014
1,203

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.94%
11.86%
19.56%
Free Cash Flow
-230.34%
367.66%
-485.37%
Net Income, GAAP
-304.27%
-399.8%
18.28%
Sales/Revenue/Turnover
4.82%
14.99%
24.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
794
1,010
888
1,514
4,206
2025
845
1,097
1,595
1,683
5,219
2026
1,044
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.21
3.26
2.92
3.67
12.07
2025
1.96
3.19
4.25
4.85
14.25
2026
3.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
gremz,Inc. (3150.T)
Photon Energy N.V. (PEN.WA)
Ujaas Energy Limited (UJAAS.NS)
Sterling and Wilson Renewable Energy Limited (SWSOLAR.BO)
Beam Global (BEEM)
First Solar, Inc. (FSLR)
Business
First Solar, Inc. First Solar, Inc. (FSLR.SW) manufactures and sells cadmium telluride (CdTe) thin-film photovoltaic (PV) solar modules; provides operations and maintenance (O&M) services; offers engineering, procurement, and construction (EPC) services for solar power projects; and delivers end-of-life module recycling at its facilities. The company operates manufacturing plants in the United States (Ohio, Alabama, Louisiana), Malaysia, Vietnam, and India, with headquarters in Tempe, Arizona, where it was founded in 1999. First Solar, Inc. serves utility-scale, commercial and industrial (C&I), distributed generation (DG), ground-mount, carport/canopy, and floating solar systems across the United States, India, Chile, France, and other international markets, emphasizing low-carbon, high-performance modules with superior degradation rates, temperature coefficients, and shading response. In recent developments, First Solar, Inc. acquired Swedish perovskite specialist Evolar AB in 2023 for up to $80 million to accelerate tandem PV technology development; sold $857 million in 2024 advanced manufacturing tax credits in early 2025 to bolster its balance sheet amid U.S. capacity expansions; reported record Q3 2025 net sales of $1.6 billion and 5.3 GW module volume sold; and continues investments exceeding $3 billion to reach over 10 GW of U.S. manufacturing capacity targeted by 2025, including new facilities in Ohio and Tamil Nadu, India.