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Sunday 11 October 2026 Export all FSLR data to Excel Powerpack

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. In the quarter to June 2026, revenue fell 3.73%, EPS grew 23.2%, free cash flow fell 121.0% and total debt fell 93.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.

177.82 1.03 −0.58%
Market cap
$19.2B
P/E
10.9×
Fwd P/E
16.0×
Dividend yield
—
F-score
7/9
Altman Z
6.28
Beneish M
−2.54
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

First Solar, Inc. (FSLR) Book value per share

Alert me on Book value per share

First Solar, Inc.'s book value per share at the end of fiscal 2025 was 88.9×, up 19.3% from 74.5× in fiscal 2024. At the end of the quarter to 30 June 2026 it was 96.0×. Over the past ten years it has ranged from 48.4× (fiscal 2019) to 88.9× (fiscal 2025) — the current reading is the highest in ten years. First Solar, Inc. ranks 2nd of 26 Solar companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 88.9× 19.31%
FY2024 74.5× 19.05%
FY2023 62.6× 14.33%
FY2022 54.8× (2.34%)
FY2021 56.1× 7.54%
FY2020 52.1× 7.75%
FY2019 48.4× (2.74%)
FY2018 49.8× 1.82%
FY2017 48.9× (3.66%)
FY2016 50.7× (7.76%)

Quarterly newest first

Period Book value per share Change
Jun 2026 96.0× 4.37%
Mar 2026 92.0× 3.45%
Dec 2025 88.9× 5.83%
Sep 2025 84.0× 5.47%
42 more quarters

Against its own ten years

Low 48.4× High 88.9×
Ten-year median 54.8×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
DQ DAQO New Energy Corp. compare 433×
FSLR First Solar, Inc. 96.0×
JKS JinkoSolar Holding Company Limited compare 70.5×
RUN Sunrun Inc. compare 18.4×
NXT Nextpower Inc. compare 17.0×
ENPH Enphase Energy, Inc. compare 9.0×
SEDG SolarEdge Technologies, Inc. compare 6.8×
SHLS Shoals Technologies Group, Inc. compare 3.7×
ARRY Array Technologies, Inc. compare −1.3×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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