FSLR · XBRL financial data

First Solar financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (FSLR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,711	2,923	2,619	3,319	4,206	5,219
Cost of goods and services sold	2,031	2,193	2,549	2,018	2,348	3,099
Gross profit	681	730	70	1,301	1,858	2,120
Research and development	94	99	113	152	191	233
Selling, general and administrative	223	170	165	198	188	204
Total operating expenses	363	290	351	450	465	523
Operating income (loss)	317	587	(27)	857	1,394	1,597
Interest income	17	6	33	—	—	—
Interest expense	24	13	12	13	39	44
Other income (expense)	(12)	0	31	(29)	(13)	(15)
Income tax expense (benefit)	(107)	103	53	61	114	53
Net income (loss)	398	469	(44)	831	1,292	1,528
Earnings per share, basic USD per share	3.76	4.41	(0.41)	7.78	12.07	14.25
Earnings per share, diluted USD per share	3.73	4.38	(0.41)	7.74	12.02	14.21
Weighted average shares, basic millions of shares	106	106	107	107	107	107
Weighted average shares, diluted millions of shares	107	107	107	107	108	108

Fiscal years (FSLR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,227	1,451	1,481	1,947	1,621	2,804
Marketable securities	520	375	1,097	155	172	52
Accounts receivable	266	429	324	661	1,261	1,294
Inventory	568	666	621	820	1,084	737
Prepaid and other current assets	252	—	—	—	—	—
Total current assets	3,015	3,191	3,791	4,635	5,089	6,029
Property and equipment, net	2,402	2,650	3,537	4,397	5,414	5,676
Right-of-use asset	227	208	93	84	114	162
Goodwill	14	14	14	30	28	31
Total assets	7,109	7,414	8,251	10,365	12,124	13,321
Accounts payable	183	193	341	207	482	406
Accrued liabilities	310	288	383	525	509	519
Current portion of long-term debt	42	4	0	—	—	—
Total current liabilities	847	727	1,038	1,306	2,077	2,254
Long-term debt	238	236	184	464	373	283
Lease liability, non-current	189	146	41	37	66	104
Total liabilities	1,588	1,454	2,415	3,678	4,147	3,783
Retained earnings	2,716	3,184	3,140	3,971	5,263	6,791
Total stockholders' equity	5,521	5,960	5,836	6,687	7,978	9,538
Total liabilities and equity	7,109	7,414	8,251	10,365	12,124	13,321
Common shares outstanding (cover page) millions of shares	106	106	107	107	107	107

Fiscal years (FSLR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	398	469	(44)	831	1,292	1,528
Stock-based compensation	29	21	29	34	28	19
Net cash from operating activities	37	238	873	602	1,218	2,057
Purchases of property and equipment	417	540	904	1,387	1,526	870
Net cash from investing activities	(131)	(99)	(1,193)	(473)	(1,563)	(765)
Proceeds from long-term debt	157	129	397	—	—	—
Repayments of long-term debt	225	73	76	—	—	—
Net cash from financing activities	(83)	41	309	337	25	(119)
Net change in cash	(173)	182	38	472	(327)	—

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
First Solar	1,576	1,231	(43)*	107.5M	Q3 FY26 10-QSep 30, 2026
Celestica	3,961	5,830	390	126.1M	Q3 FY26 10-QSep 30, 2026
TTM Technologies	876	1,204	155*	105.4M	Q3 FY26 10-QSep 28, 2026
Qnity Electronics	961	1,429	241*	209.2M	Q2 FY26 10-QJun 30, 2026
Flex	3,083	8,491	501*	369.5M	Q2 FY27 10-QSep 25, 2026
Hubbell	335	1,873	323*	52.8M	Q3 FY26 10-QSep 30, 2026
On Semiconductor	4,158	1,722	516*	389.3M	Q3 FY26 10-QOct 2, 2026
Astera Labs	209	585	not reported	174.8M	Q3 FY26 10-QSep 30, 2026
Jabil	1,739	10,616*	733*	103.0M	Q4 FY26 10-KAug 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.