FSLR
First Solar Inc
NASDAQ: FSLR · TECHNOLOGY · SOLAR
$190.61
-2.68% today
Updated 2026-04-29
Market cap
$20.48B
P/E ratio
13.40
P/S ratio
3.92x
EPS (TTM)
$14.22
Dividend yield
—
52W range
$122 – $286
Volume
2.2M
First Solar Inc (FSLR) Financial statements
SEC filings — annual and quarterly data.
Profit margin
29.30%
Operating margin
32.60%
ROE
17.40%
ROA
7.84%
Debt/equity
—
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $134.97M | $3.97M | 40.19% | 2.08% | 2.94% |
| 2007 | $503.98M | $158.35M | 49.88% | 27.22% | 31.42% |
| 2008 | $1.25B | $348.33M | 54.43% | 35.17% | 27.95% |
| 2009 | $2.07B | $640.14M | 50.56% | 32.89% | 30.98% |
| 2010 | $2.56B | $664.20M | 46.22% | 29.21% | 25.91% |
| 2011 | $2.77B | $-39.49M | 35.13% | -2.48% | -1.43% |
| 2012 | $3.37B | $-96.34M | 25.32% | -1.12% | -2.86% |
| 2013 | $3.31B | $350.72M | 26.12% | 11.19% | 10.60% |
| 2014 | $3.39B | $395.96M | 24.33% | 12.44% | 11.68% |
| 2015 | $4.11B | $593.41M | 27.54% | 17.75% | 14.43% |
| 2016 | $2.90B | $-416.11M | 21.98% | -19.56% | -14.33% |
| 2017 | $2.94B | $-165.62M | 18.66% | 6.05% | -5.63% |
| 2018 | $2.24B | $144.33M | 17.48% | 1.79% | 6.43% |
| 2019 | $3.06B | $-114.93M | 17.93% | -5.28% | -3.75% |
| 2020 | $2.71B | $398.36M | 25.10% | 11.71% | 14.69% |
| 2021 | $2.92B | $468.69M | 24.97% | 20.07% | 16.03% |
| 2022 | $2.62B | $-44.17M | 2.67% | -1.04% | -1.69% |
| 2023 | $3.32B | $830.78M | 39.19% | 25.83% | 25.03% |
| 2024 | $4.21B | $1.29B | 44.17% | 33.15% | 30.72% |
| 2025 | $5.22B | $1.53B | 40.62% | 30.59% | 29.28% |