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) Total debt
First Solar, Inc.'s total debt at the end of fiscal 2025 was $498.6M, down 18.2% from $609.8M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $37.6M. Over the past ten years it has ranged from $188.4M (fiscal 2016) to $609.8M (fiscal 2024); the current reading is higher than 82% of that period. First Solar, Inc. ranks 14th of 26 Solar companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2025 | $498.6M | (18.24%) |
| FY2024 | $609.8M | 8.83% |
| FY2023 | $560.3M | 189.79% |
| FY2022 | $193.3M | (19.40%) |
| FY2021 | $239.9M | (14.09%) |
| FY2020 | $279.2M | (40.80%) |
| FY2019 | $471.7M | 1.05% |
| FY2018 | $466.8M | 18.61% |
| FY2017 | $393.5M | 108.90% |
| FY2016 | $188.4M | (34.91%) |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Jun 2026 | $37.6M | (91.16%) |
| Mar 2026 | $425.8M | (14.60%) |
| Dec 2025 | $498.6M | (10.16%) |
| Sep 2025 | $555.0M | (3.96%) |
| 42 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| RUN Sunrun Inc. compare | $15.2B |
| JKS JinkoSolar Holding Company Limited compare | $4.1B |
| ARRY Array Technologies, Inc. compare | $657.7M |
| ENPH Enphase Energy, Inc. compare | $572.8M |
| SEDG SolarEdge Technologies, Inc. compare | $351.5M |
| SHLS Shoals Technologies Group, Inc. compare | $196.8M |
| NXT Nextpower Inc. compare | $145.3M |
| DQ DAQO New Energy Corp. compare | $140.0M |
| FSLR First Solar, Inc. | $37.6M |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
More on FSLR
- Revenue
- 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
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement