FSLR
First Solar, Inc.
$204.46
-5.64
(-2.68%)
Mkt Cap
21.97B
Volume
1,446,985
52W Range
182.99-320.95
Sector
Energy
Beta
1.75
EPS (TTM)
16.26 USD
P/E Ratio
12.57
Revenue (TTM)
5.38B USD
Rev Growth (5Y)
+14.0%
EPS Growth (5Y)
+30.5%
AlphaVal · Fair Value
What we estimate one share is worth
$136.37
Overvalued
strong signal
49.9% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
C+
Other Commodity Producers
57.7 / 100 composite
A commodity producer — graded A–F vs. similar companies.
Company Description
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.22B | 4.21B | 3.32B | 2.62B | 2.92B | 2.71B | 3.06B | 2.24B | 2.94B | 2.90B | 4.11B | 3.39B |
| Net Income | 1.53B | 1.29B | 830.78M | (44.17M) | 468.69M | 398.36M | (114.93M) | 144.33M | (165.62M) | (416.11M) | 593.41M | 395.96M |
| EPS | 14.25 | 12.07 | 7.78 | -0.41 | 4.41 | 3.76 | -1.09 | 1.38 | -1.59 | -3.48 | 5.42 | 3.97 |
| Free Cash Flow | 1.19B | (308.08M) | (784.51M) | (30.24M) | (302.73M) | (379.51M) | (494.52M) | (1.07B) | 826.32M | (22.70M) | (527.36M) | 423.44M |
| FCF / Share | 11.07 | -2.88 | -7.35 | -0.28 | -2.85 | -3.58 | -4.70 | -10.18 | 7.93 | -0.22 | -5.23 | 4.23 |
| Operating CF | 2.06B | 1.22B | 602.26M | 873.37M | 237.56M | 37.12M | 174.20M | (326.81M) | 1.34B | 206.75M | (360.92M) | 680.99M |
| Total Assets | 13.32B | 12.12B | 10.37B | 8.25B | 7.41B | 7.11B | 7.52B | 7.12B | 6.86B | 6.87B | 7.32B | 6.72B |
| Total Debt | 498.57M | 718.80M | 624.39M | 234.13M | 398.59M | 482.27M | 595.31M | 466.79M | 436.94M | 214.97M | 289.42M | 213.47M |
| Cash & Equiv | 2.80B | 1.62B | 1.95B | 1.48B | 1.45B | 1.23B | 1.35B | 1.40B | 2.27B | 1.35B | 1.13B | 1.48B |
| Book Value | 9.54B | 7.98B | 6.69B | 5.84B | 5.96B | 5.52B | 5.10B | 5.21B | 5.10B | 5.21B | 5.55B | 5.03B |
| Return on Equity | 0.16 | 0.16 | 0.12 | -0.01 | 0.08 | 0.07 | -0.02 | 0.03 | -0.03 | -0.08 | 0.11 | 0.08 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.06B | 1.04B | 1.68B | 1.59B | 1.10B | 844.57M | 1.51B | 887.67M | 1.01B | 794.11M | 1.16B | 801.09M |
| Net Income | 422.57M | 346.62M | 520.88M | 455.94M | 341.87M | 209.53M | 393.12M | 312.96M | 349.36M | 236.62M | 349.24M | 268.40M |
| EPS | 3.93 | 3.23 | 4.85 | 4.25 | 3.19 | 1.96 | 3.67 | 2.92 | 3.26 | 2.21 | 3.27 | 2.51 |
| Free Cash Flow | (306.22M) | (333.39M) | 1.07B | 1.07B | (138.56M) | (813.95M) | 497.46M | (487.65M) | (172.15M) | (145.73M) | 214.20M | (120.78M) |
| FCF / Share | -2.85 | -3.11 | 9.97 | 9.97 | -1.29 | -7.60 | 4.65 | -4.56 | -1.61 | -1.36 | 2.00 | -1.13 |
| Operating CF | (144.90M) | (214.87M) | 1.24B | 1.27B | 149.58M | (607.98M) | 811.00M | (53.73M) | 193.01M | 267.72M | 561.11M | 165.43M |
| Total Assets | 13.39B | 13.35B | 13.32B | 13.46B | 12.86B | 12.12B | 12.12B | 11.44B | 11.01B | 10.76B | 10.37B | 9.58B |
| Total Debt | 194.01M | 425.78M | 498.57M | 891.91M | 1.07B | 630.39M | 718.80M | 694.14M | 621.93M | 681.52M | 624.39M | 543.32M |
| Cash & Equiv | 1.69B | 2.36B | 2.80B | 1.99B | 1.12B | 837.64M | 1.62B | 1.01B | 1.70B | 1.68B | 1.95B | 1.49B |
| Book Value | 10.32B | 9.88B | 9.54B | 9.02B | 8.55B | 8.19B | 7.98B | 7.59B | 7.26B | 6.90B | 6.69B | 6.30B |
| Return on Equity | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.05 | 0.04 | 0.05 | 0.03 | 0.05 | 0.04 |
FSLR News
Here Are Thursday’s Top Wall Street Analyst Research Calls: Abercrombie & Fitch, Choice Hotels International, DigitalOcean Holdings, First Solar, LTC Properties, Okta, Regions Financial, Synopsys, and More
Trump's Solar Tariffs Could Spark The Next Intel-Style Government Deal: 2 Stocks To Watch
Bank of Nova Scotia Invests $3.27 Million in First Solar, Inc. $FSLR
FIRST SOLAR INVESTOR ALERT: Bragar Eagel & Squire, P.C. is Investigating First Solar, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
First Solar (FSLR) is a Top-Ranked Value Stock: Should You Buy?
CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds First Solar (FSLR) Investors of Securities Class Action Lawsuit Deadline on August 24, 2026
Kaplan Fox Alerts First Solar, Inc. (FSLR) Investors to the Lead Plaintiff Deadline on August 24, 2026
Bronstein, Gewirtz & Grossman LLC Urges First Solar, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
FSLR DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages First Solar, Inc. Investors to Secure Counsel Before Important August 24 Deadline in Securities Class Action - FSLR
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 24, 2026 in First Solar, Inc. Lawsuit - FSLR