State Ledger
Company profile

FIRST SOLAR, INC. CIK 1274494

Ticker
FSLR (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
Phoenix, AZ 85018
Fiscal year end
2025 (FY)
Market Data
Close
$179.74
Change
+$1.87
Change %
1.05%
Volume
101,822

FSLR · trading date Oct 12, 2026 · previous close $177.87 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$5.22B
Net income
$1.53B
Total assets
$13.32B
Total liabilities
$3.78B
Stockholders' equity
$9.54B
Cash & equivalents
$2.80B
Operating income
$1.60B
Operating cash flow
$2.06B
Capital expenditures
$869.88M

Fiscal year 2025, via 10-K filed 2026-02-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
30.6%
Net margin
29.3%
Free cash flow
$1.19B
Free cash flow margin
22.7%
Liabilities / assets
28.4%
Equity / assets
71.6%
CapEx / revenue
16.7%
Operating cash flow / net income
1.35×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $5.22B $1.53B $13.32B $3.78B $9.54B
2024 $4.21B $1.29B $12.12B $4.15B $7.98B
2023 $3.32B $830.78M $10.37B $3.68B $6.69B
2022 $2.62B -$44.17M $8.25B $2.42B $5.84B
2021 $2.92B $468.69M $7.41B $1.45B $5.96B
Company Details
SIC code
3674
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-03
Financials filed via
Form 10-K
filed 2026-02-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Phoenix, AZ 85018
4300 E CAMELBACK ROAD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:12 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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