First Solar, Inc.
FSLR Technology Solar
First Solar, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.2 billion, up 24.1% from fiscal 2024.
- Revenue
- −22.8%
- EPS
- +25.0%
- Free cash flow
- −118.5%
- Total debt
- −80.6%
Quarter to September 2026, against a year earlier
Follow FSLR
Alert me
First Solar, Inc. 10-Q filed Oct 29, 2026
Red flags
-
Inventory outpacing revenue
Inventory grew 3.4% while revenue grew -22.8% year over year
-
Receivables outpacing revenue
Receivables grew 10.3% while revenue grew -22.8% year over year
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 30, 2026: 10 added · 8 removed · 39 modified; 22 with only figures updated
-
Removed · Cautionary Statement Regarding Forward-Looking Statements
•our ability to obtain, realize, or timely collect tariff refunds, including refunds filed with U.S. Customs and Border Protection relating to IEEPA duties, and the amount and timing of such recoveries;