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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) Revenue growth

Alert me on Revenue growth

First Solar, Inc.'s revenue growth over the twelve months to 30 June 2026 was 23.8%, down 0.3 percentage points from fiscal 2025 (24.1%). Over the past ten years it has ranged from −29.4% (fiscal 2016) to 36.5% (fiscal 2019); the current reading is higher than 73% of that period. That is above the Solar industry median of 17.0% and above the Technology sector median of 11.9%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 24.1% (2.66)
FY2024 26.8% 0.05
FY2023 26.7% 37.10
FY2022 −10.4% (18.22)
FY2021 7.82% 19.30
FY2020 −11.5% (47.98)
FY2019 36.5% 60.21
FY2018 −23.7% (24.98)
FY2017 1.27% 30.64
FY2016 −29.4% (50.64)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 −3.73% (27.37)
Mar 2026 23.6% 12.49
Dec 2025 11.2% (68.52)
Sep 2025 79.7% 71.09
42 more quarters

Against its own ten years

Low −29.4% High 36.5%
Ten-year median 7.82%
Current reading's percentile 73

Revenue growth against peers

Company Revenue growth
RUN Sunrun Inc. compare 63.2%
SHLS Shoals Technologies Group, Inc. compare 46.9%
SEDG SolarEdge Technologies, Inc. compare 41.7%
FSLR First Solar, Inc. 23.8%
NXT Nextpower Inc. compare 17.0%
ARRY Array Technologies, Inc. compare 1.18%
DQ DAQO New Energy Corp. compare −6.28%
ENPH Enphase Energy, Inc. compare −10.4%
JKS JinkoSolar Holding Company Limited compare −19.1%
Solar industry median 17.0%
Technology sector median 11.9%
Market median 7.38%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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