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Side-by-side financial comparison of First Solar (FSLR) and IAMGOLD CORP (IAG). Click either name above to swap in a different company.

First Solar is the larger business by last-quarter revenue ($1.0B vs $724.2M, roughly 1.4× IAMGOLD CORP).

First Solar, Inc. is a publicly traded American manufacturer of solar panels. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride (CdTe) as a semiconductor. The company was founded in 1990 by inventor Harold McMaster as Solar Cells, Inc. In 1999 it was purchased by True North Partners, LLC, which rebranded it as First Solar, Inc. It provides end-of-life panel recycling at each of its manufacturing facilities.

Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diav...

FSLR vs IAG — Head-to-Head

Bigger by revenue
FSLR
FSLR
1.4× larger
FSLR
$1.0B
$724.2M
IAG

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
FSLR
FSLR
IAG
IAG
Revenue
$1.0B
$724.2M
Net Profit
$346.6M
Gross Margin
46.6%
35.4%
Operating Margin
33.1%
Net Margin
33.2%
Revenue YoY
23.6%
Net Profit YoY
65.4%
EPS (diluted)
$3.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FSLR
FSLR
IAG
IAG
Q1 26
$1.0B
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.1B
$724.2M
Q1 25
$844.6M
$338.9M
Q4 24
$1.5B
Q3 24
$887.7M
Q2 24
$1.0B
$465.0M
Net Profit
FSLR
FSLR
IAG
IAG
Q1 26
$346.6M
Q4 25
$520.9M
Q3 25
$455.9M
Q2 25
$341.9M
Q1 25
$209.5M
Q4 24
$393.1M
Q3 24
$313.0M
Q2 24
$349.4M
Gross Margin
FSLR
FSLR
IAG
IAG
Q1 26
46.6%
Q4 25
39.5%
Q3 25
38.3%
Q2 25
45.6%
35.4%
Q1 25
40.8%
31.2%
Q4 24
37.5%
Q3 24
50.2%
Q2 24
49.4%
15.0%
Operating Margin
FSLR
FSLR
IAG
IAG
Q1 26
33.1%
Q4 25
32.6%
Q3 25
29.2%
Q2 25
33.0%
Q1 25
26.2%
Q4 24
30.2%
Q3 24
36.3%
Q2 24
36.9%
Net Margin
FSLR
FSLR
IAG
IAG
Q1 26
33.2%
Q4 25
31.0%
Q3 25
28.6%
Q2 25
31.2%
Q1 25
24.8%
Q4 24
26.0%
Q3 24
35.3%
Q2 24
34.6%
EPS (diluted)
FSLR
FSLR
IAG
IAG
Q1 26
$3.22
Q4 25
$4.84
Q3 25
$4.24
Q2 25
$3.18
Q1 25
$1.95
Q4 24
$3.66
Q3 24
$2.91
Q2 24
$3.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FSLR
FSLR
IAG
IAG
Cash + ST InvestmentsLiquidity on hand
$2.4B
Total DebtLower is stronger
$425.8M
Stockholders' EquityBook value
$9.9B
Total Assets
$13.4B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSLR
FSLR
IAG
IAG
Q1 26
$2.4B
Q4 25
$2.8B
Q3 25
$2.0B
Q2 25
$1.1B
Q1 25
$837.6M
Q4 24
$1.6B
Q3 24
$1.0B
Q2 24
$1.7B
Total Debt
FSLR
FSLR
IAG
IAG
Q1 26
$425.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FSLR
FSLR
IAG
IAG
Q1 26
$9.9B
Q4 25
$9.5B
Q3 25
$9.0B
Q2 25
$8.5B
Q1 25
$8.2B
Q4 24
$8.0B
Q3 24
$7.6B
Q2 24
$7.3B
Total Assets
FSLR
FSLR
IAG
IAG
Q1 26
$13.4B
Q4 25
$13.3B
Q3 25
$13.5B
Q2 25
$12.9B
Q1 25
$12.1B
Q4 24
$12.1B
Q3 24
$11.4B
Q2 24
$11.0B
Debt / Equity
FSLR
FSLR
IAG
IAG
Q1 26
0.04×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FSLR
FSLR
IAG
IAG
Operating Cash FlowLast quarter
$-214.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSLR
FSLR
IAG
IAG
Q1 26
$-214.9M
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$149.6M
Q1 25
$-608.0M
Q4 24
$811.0M
Q3 24
$-53.7M
Q2 24
$193.0M
Free Cash Flow
FSLR
FSLR
IAG
IAG
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$-138.6M
Q1 25
$-813.9M
Q4 24
$497.5M
Q3 24
$-487.7M
Q2 24
$-172.1M
FCF Margin
FSLR
FSLR
IAG
IAG
Q1 26
Q4 25
63.6%
Q3 25
67.1%
Q2 25
-12.6%
Q1 25
-96.4%
Q4 24
32.9%
Q3 24
-54.9%
Q2 24
-17.0%
Capex Intensity
FSLR
FSLR
IAG
IAG
Q1 26
Q4 25
10.2%
Q3 25
12.8%
Q2 25
26.3%
Q1 25
24.4%
Q4 24
20.7%
Q3 24
48.9%
Q2 24
36.1%
Cash Conversion
FSLR
FSLR
IAG
IAG
Q1 26
-0.62×
Q4 25
2.38×
Q3 25
2.79×
Q2 25
0.44×
Q1 25
-2.90×
Q4 24
2.06×
Q3 24
-0.17×
Q2 24
0.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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