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.
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First Solar, Inc. (FSLR) Revenue
First Solar, Inc.'s revenue for fiscal 2025 was $5.2B, up 24.1% from $4.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $5.4B. Over the past ten years it has ranged from $2.2B (fiscal 2018) to $5.2B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 3 consecutive fiscal years. First Solar, Inc. ranks 2nd of 23 Solar companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $5.2B | 24.09% |
| FY2024 | $4.2B | 26.75% |
| FY2023 | $3.3B | 26.70% |
| FY2022 | $2.6B | (10.40%) |
| FY2021 | $2.9B | 7.82% |
| FY2020 | $2.7B | (11.48%) |
| FY2019 | $3.1B | 36.50% |
| FY2018 | $2.2B | (23.71%) |
| FY2017 | $2.9B | 1.27% |
| FY2016 | $2.9B | (29.37%) |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $1.1B | 1.14% |
| Mar 2026 | $1.0B | (37.95%) |
| Dec 2025 | $1.7B | 5.51% |
| Sep 2025 | $1.6B | 45.36% |
| 42 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| JKS JinkoSolar Holding Company Limited compare | $8.5B |
| FSLR First Solar, Inc. | $5.4B |
| NXT Nextpower Inc. compare | $3.6B |
| RUN Sunrun Inc. compare | $3.5B |
| SEDG SolarEdge Technologies, Inc. compare | $1.3B |
| ENPH Enphase Energy, Inc. compare | $1.3B |
| ARRY Array Technologies, Inc. compare | $1.2B |
| SHLS Shoals Technologies Group, Inc. compare | $588.1M |
| DQ DAQO New Energy Corp. compare | $555.7M |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
More on FSLR
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement