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Companies/First Solar, Inc.
Company profile

First Solar, Inc.

NASDAQ: FSLR · Energy · Solar
PublicHQ Phoenix, AZ · MaricopaCIK 0001274494Reports USD
#45 of 493 Energy companies by revenue71st-percentile growth
EA Score
87A
FH 89DQ 89GM 81SS 85
v0.1 · 65/100 weight · provisional
↑ Piotroski F, market scale · ↓ listing tenure, revenue growth (YoY)
Methodology →
Revenue TTM
$5.4B
Rev growth YoY (TTM)
+27.3%
Net income (FY)
$1.5B
Employees
8,100
Market cap
$24.1B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$5.2B$5.2B2025
Net income$1.5B$1.5B2025
Operating income$1.6B$1.6B2025
Total assets$13.3B$13.3B2025
Liabilities$3.8B$3.8B2025
Equity$9.5B$9.5B2025

Revenue trend

FY2018 – FY2025 · USD
$2.2B
FY18
$3.1B
FY19
$2.7B
FY20
$2.9B
FY21
$2.6B
FY22
$3.3B
FY23
$4.2B
FY24
$5.2B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Solar Module100%
By geography
UNITED STATES96%
INDIA4%
FRANCE0%
The read

First Solar, Inc. booked $5.2B in FY2025 revenue, growing 24% year over year — faster than most Energy companies we track, at a 29.3% net margin.

Peers · Energy
TransCanada PipeLines Limited 6——Devon Energy Corporation71BExpand Energy Corporation79B+Pembina Pipeline Corporation——
Neighbors
Maricopa →
Southern Copper Corporation$13.4B89AFreeport-McMoRan Inc.$25.2B78B+Carvana Co.$20.3B70BHoneywell Aerospace Inc. Common Stock When Issued$17.4B——Republic Services, Inc.$16.6B81B+Axon Enterprise, Inc.$2.8B63C
Key facts
CEOMark R. Widmar
SectorEnergy
IndustrySolar
HeadquartersPhoenix, AZ
ExchangeNASDAQ: FSLR
Employees8,100
IPO date2006-11-17
Latest filings
8-K2026-05-158-K2026-04-3010-Q2026-04-30DEF 14A2026-04-0210-K2026-02-248-K2026-02-248-K2026-02-1910-Q2025-10-30
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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