FSLR
Income statement / Annual
Last year (2025), First Solar Inc's total revenue was $5.22 B,
an increase of 24.09% from the previous year.
In 2025, First Solar Inc's net income was $1.53 B.
See First Solar Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$5.22 B |
$4.21 B |
$3.32 B |
$2.62 B |
$2.92 B |
$2.71 B |
$3.06 B |
$2.24 B |
$2.94 B |
$2.90 B |
| Cost of Revenue |
$3.10 B
|
$2.35 B
|
$2.02 B
|
$2.55 B
|
$2.19 B
|
$2.03 B
|
$2.51 B
|
$1.85 B
|
$2.39 B
|
$2.27 B
|
| Gross Profit |
$2.12 B
|
$1.86 B
|
$1.30 B
|
$69.86 M
|
$729.95 M
|
$680.67 M
|
$549.21 M
|
$392.18 M
|
$548.95 M
|
$638.42 M
|
| Gross Profit Ratio |
0.41
|
0.44
|
0.39
|
0.03
|
0.25
|
0.25
|
0.18
|
0.17
|
0.19
|
0.22
|
| Research and Development Expenses |
$233.42 M
|
$191.38 M
|
$152.31 M
|
$112.80 M
|
$99.12 M
|
$93.74 M
|
$96.61 M
|
$84.47 M
|
$88.57 M
|
$124.76 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$203.76 M
|
$188.26 M
|
$197.62 M
|
$164.72 M
|
$170.32 M
|
$222.92 M
|
$205.47 M
|
$176.86 M
|
$202.70 M
|
$261.99 M
|
| Other Expenses |
$0.00
|
$83.81 M
|
$93.48 M
|
-$180.43 M
|
-$126.23 M
|
$46.53 M
|
$408.92 M
|
$90.74 M
|
$79.82 M
|
$819.81 M
|
| Operating Expenses |
$437.18 M
|
$463.44 M
|
$443.41 M
|
$97.09 M
|
$143.20 M
|
$363.18 M
|
$711.00 M
|
$352.06 M
|
$371.10 M
|
$1.21 B
|
| Cost And Expenses |
$3.54 B
|
$2.81 B
|
$2.46 B
|
$2.65 B
|
$2.34 B
|
$2.39 B
|
$3.22 B
|
$2.20 B
|
$2.76 B
|
$3.47 B
|
| Interest Income |
$81.76 M
|
$89.09 M
|
$97.67 M
|
$33.28 M
|
$6.18 M
|
$16.56 M
|
$48.89 M
|
$59.79 M
|
$35.70 M
|
$25.19 M
|
| Interest Expense |
$44.13 M
|
$38.87 M
|
$12.97 M
|
$12.23 M
|
$13.11 M
|
$24.04 M
|
$27.07 M
|
$25.92 M
|
$25.77 M
|
$20.54 M
|
| Depreciation & Amortization |
$529.22 M
|
$423.50 M
|
$307.99 M
|
$269.72 M
|
$259.90 M
|
$232.93 M
|
$205.48 M
|
$130.74 M
|
$115.31 M
|
$230.94 M
|
| EBITDA |
$2.21 B |
$1.87 B |
$1.21 B |
$290.55 M |
$845.17 M |
$550.15 M |
$112.41 M |
$269.80 M |
$343.19 M |
-$285.77 M |
| EBITDA Ratio |
0.42
|
0.44
|
0.37
|
0.11
|
0.29
|
0.2
|
0.04
|
0.12
|
0.12
|
-0.1
|
| Operating Income Ratio |
0.32
|
0.33
|
0.26
|
-0.01
|
0.2
|
0.12
|
-0.05
|
0.02
|
0.06
|
-0.2
|
| Total Other Income/Expenses Net |
-$102.61 M
|
$11.92 M
|
$34.02 M
|
$35.83 M
|
-$14.59 M
|
-$26.43 M
|
$41.37 M
|
$107.65 M
|
$28.53 M
|
$175.21 M
|
| Income Before Tax |
$1.58 B
|
$1.41 B
|
$891.29 M
|
$8.60 M
|
$572.16 M
|
$291.06 M
|
-$120.41 M
|
$147.77 M
|
$206.38 M
|
-$392.95 M
|
| Income Before Tax Ratio |
0.3
|
0.33
|
0.27
|
0
|
0.2
|
0.11
|
-0.04
|
0.07
|
0.07
|
-0.14
|
| Income Tax Expense |
$52.68 M
|
$114.29 M
|
$60.51 M
|
$52.76 M
|
$103.47 M
|
-$107.29 M
|
-$5.48 M
|
$3.44 M
|
$372.00 M
|
$23.17 M
|
| Net Income |
$1.53 B
|
$1.29 B
|
$830.78 M
|
-$44.17 M
|
$468.69 M
|
$398.36 M
|
-$114.93 M
|
$144.33 M
|
-$165.62 M
|
-$416.11 M
|
| Net Income Ratio |
0.29
|
0.31
|
0.25
|
-0.02
|
0.16
|
0.15
|
-0.04
|
0.06
|
-0.06
|
-0.14
|
| EPS |
14.25 |
12.07 |
7.78 |
-0.41 |
4.41 |
3.76 |
-1.09 |
1.38 |
-1.59 |
-3.48 |
| EPS Diluted |
14.21 |
12.02 |
7.74 |
-0.41 |
4.38 |
3.73 |
-1.09 |
1.36 |
-1.59 |
-3.48 |
| Weighted Average Shares Out |
$107.24 M
|
$107.02 M
|
$106.80 M
|
$106.55 M
|
$106.26 M
|
$105.87 M
|
$105.31 M
|
$104.75 M
|
$104.16 M
|
$102.74 M
|
| Weighted Average Shares Out Diluted |
$107.54 M
|
$107.53 M
|
$107.37 M
|
$106.55 M
|
$106.92 M
|
$106.69 M
|
$105.31 M
|
$106.11 M
|
$104.33 M
|
$102.87 M
|
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