First Solar, Inc.
FSLRLast close · Oct 16, 2026172.64−6.17 (−3.45%)
Market cap$18.6B
Key indicators
Revenue5.4B+23.8% on a year earlier
2.2B
3.1B
2.7B
2.9B
2.6B
3.3B
4.2B
5.2B
5.4B
5.0B
5.9B
6.6B
Fiscal year
FY201818
FY201919
FY202020
FY202121
FY202222
FY202323
FY202424
FY202525
TTMTTM
FY2026E26E
FY2027E27E
FY2028E28E
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | FY2026E | FY2027E | FY2028E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | ||||||||||||
| 2.2B | 3.1B+36.5% | 2.7B−11.5% | 2.9B+7.8% | 2.6B−10.4% | 3.3B+26.7% | 4.2B+26.7% | 5.2B+24.1% | 5.4B+23.8% | 5.0B | 5.9B | 6.6B | |
| — | 36.5% | -11.5% | 7.8% | -10.4% | 26.7% | 26.7% | 24.1% | 23.8% | -3.7% | 17.2% | 12.3% | |
| $1.36 | -$1.09−180.1% | $3.73+442.2% | $4.38+17.4% | -$0.41−109.4% | $7.74+1987.8% | $12.02+55.3% | $14.21+18.2% | $16.22+38.8% | $17.51 | $23.35 | $29.26 | |
| Profitability | ||||||||||||
| 17.5% | 17.9%+0.5 pt | 25.1%+7.2 pt | 25.0%−0.1 pt | 2.7%−22.3 pt | 39.2%+36.5 pt | 44.2%+5.0 pt | 40.6%−3.5 pt | 44.0%+1.3 pt | · | · | · | |
| 1.8% | -5.3%−7.1 pt | 11.7%+17.0 pt | 20.1%+8.4 pt | -1.0%−21.1 pt | 25.8%+26.9 pt | 33.2%+7.3 pt | 30.6%−2.6 pt | 33.6%+2.3 pt | · | · | · | |
| 6.4% | -3.8%−10.2 pt | 14.7%+18.4 pt | 16.0%+1.3 pt | -1.7%−17.7 pt | 25.0%+26.7 pt | 30.7%+5.7 pt | 29.3%−1.4 pt | 32.5%+3.5 pt | · | · | · | |
| 2.8% | -2.3%−5.0 pt | 7.2%+9.5 pt | 7.9%+0.6 pt | -0.8%−8.6 pt | 12.4%+13.2 pt | 16.2%+3.8 pt | 16.0%−0.2 pt | — | · | · | · | |
| Cash | ||||||||||||
| -1.1B | -494.5M+53.6% | -379.5M+23.3% | -302.7M+20.2% | -30.2M+90.0% | -784.5M−2494.6% | -308.1M+60.7% | 1.2B+485.4% | 1.5B+259.1% | · | · | · | |
| -47.5% | -16.1%+31.4 pt | -14.0%+2.1 pt | -10.4%+3.6 pt | -1.2%+9.2 pt | -23.6%−22.5 pt | -7.3%+16.3 pt | 22.7%+30.1 pt | 27.9%+49.6 pt | · | · | · | |
| Balance sheet | ||||||||||||
| 0.09x | 0.09x+0.00x | 0.05x−0.04x | 0.04x−0.01x | 0.03x−0.01x | 0.08x+0.05x | 0.08x−0.01x | 0.05x−0.02x | 0.00x−0.06x | · | · | · | |
| 106.11M | 105.31M−0.8% | 106.69M+1.3% | 106.92M+0.2% | 106.55M−0.3% | 107.37M+0.8% | 107.53M+0.1% | 107.54M+0.0% | 107.73M+0.2% | · | · | · | |
E = analyst consensus (revenue and EPS only). TTM = the twelve months to Jun 30, 2026: the last fiscal year, plus the quarters since, less the same quarters a year earlier. From the 10-K and the 10-Qs since, as accepted by the SEC; the shaded column is the latest period.