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Side-by-side financial comparison of First Solar (FSLR) and LAUREATE EDUCATION, INC. (LAUR). Click either name above to swap in a different company.

First Solar is the larger business by last-quarter revenue ($1.0B vs $541.4M, roughly 1.9× LAUREATE EDUCATION, INC.). First Solar runs the higher net margin — 33.2% vs 31.7%, a 1.5% gap on every dollar of revenue. On growth, LAUREATE EDUCATION, INC. posted the faster year-over-year revenue change (27.9% vs 23.6%). Over the past eight quarters, LAUREATE EDUCATION, INC.'s revenue compounded faster (40.2% CAGR vs 1.7%).

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.

Laureate Education, Inc. is a company based in Miami, Florida, United States. The firm owns and operates Laureate International Universities, with campuses in Mexico and Peru. The company is publicly traded on the Nasdaq.

FSLR vs LAUR — Head-to-Head

Bigger by revenue
FSLR
FSLR
1.9× larger
FSLR
$1.0B
$541.4M
LAUR
Growing faster (revenue YoY)
LAUR
LAUR
+4.2% gap
LAUR
27.9%
23.6%
FSLR
Higher net margin
FSLR
FSLR
1.5% more per $
FSLR
33.2%
31.7%
LAUR
Faster 2-yr revenue CAGR
LAUR
LAUR
Annualised
LAUR
40.2%
1.7%
FSLR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSLR
FSLR
LAUR
LAUR
Revenue
$1.0B
$541.4M
Net Profit
$346.6M
$171.6M
Gross Margin
46.6%
35.8%
Operating Margin
33.1%
33.2%
Net Margin
33.2%
31.7%
Revenue YoY
23.6%
27.9%
Net Profit YoY
65.4%
83.2%
EPS (diluted)
$3.22
$1.14

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
LAUR
LAUR
Q1 26
$1.0B
Q4 25
$1.7B
$541.4M
Q3 25
$1.6B
$400.2M
Q2 25
$1.1B
$524.2M
Q1 25
$844.6M
$236.2M
Q4 24
$1.5B
$423.4M
Q3 24
$887.7M
$368.6M
Q2 24
$1.0B
$499.2M
Net Profit
FSLR
FSLR
LAUR
LAUR
Q1 26
$346.6M
Q4 25
$520.9M
$171.6M
Q3 25
$455.9M
$34.5M
Q2 25
$341.9M
$95.1M
Q1 25
$209.5M
$-19.5M
Q4 24
$393.1M
$93.6M
Q3 24
$313.0M
$85.5M
Q2 24
$349.4M
$128.1M
Gross Margin
FSLR
FSLR
LAUR
LAUR
Q1 26
46.6%
Q4 25
39.5%
35.8%
Q3 25
38.3%
20.9%
Q2 25
45.6%
39.5%
Q1 25
40.8%
-0.9%
Q4 24
37.5%
32.0%
Q3 24
50.2%
22.4%
Q2 24
49.4%
36.1%
Operating Margin
FSLR
FSLR
LAUR
LAUR
Q1 26
33.1%
Q4 25
32.6%
33.2%
Q3 25
29.2%
17.9%
Q2 25
33.0%
36.9%
Q1 25
26.2%
-5.6%
Q4 24
30.2%
29.3%
Q3 24
36.3%
19.5%
Q2 24
36.9%
33.4%
Net Margin
FSLR
FSLR
LAUR
LAUR
Q1 26
33.2%
Q4 25
31.0%
31.7%
Q3 25
28.6%
8.6%
Q2 25
31.2%
18.1%
Q1 25
24.8%
-8.3%
Q4 24
26.0%
22.1%
Q3 24
35.3%
23.2%
Q2 24
34.6%
25.7%
EPS (diluted)
FSLR
FSLR
LAUR
LAUR
Q1 26
$3.22
Q4 25
$4.84
$1.14
Q3 25
$4.24
$0.23
Q2 25
$3.18
$0.65
Q1 25
$1.95
$-0.13
Q4 24
$3.66
$0.60
Q3 24
$2.91
$0.56
Q2 24
$3.25
$0.83

Balance Sheet & Financial Strength

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

Metric
FSLR
FSLR
LAUR
LAUR
Cash + ST InvestmentsLiquidity on hand
$2.4B
$146.7M
Total DebtLower is stronger
$425.8M
$73.1M
Stockholders' EquityBook value
$9.9B
$1.2B
Total Assets
$13.4B
$2.2B
Debt / EquityLower = less leverage
0.04×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSLR
FSLR
LAUR
LAUR
Q1 26
$2.4B
Q4 25
$2.8B
$146.7M
Q3 25
$2.0B
$241.0M
Q2 25
$1.1B
$135.3M
Q1 25
$837.6M
$109.8M
Q4 24
$1.6B
$91.3M
Q3 24
$1.0B
$134.4M
Q2 24
$1.7B
$128.8M
Total Debt
FSLR
FSLR
LAUR
LAUR
Q1 26
$425.8M
Q4 25
$73.1M
Q3 25
$70.6M
Q2 25
$78.1M
Q1 25
$91.0M
Q4 24
$59.0M
Q3 24
$129.8M
Q2 24
$203.0M
Stockholders' Equity
FSLR
FSLR
LAUR
LAUR
Q1 26
$9.9B
Q4 25
$9.5B
$1.2B
Q3 25
$9.0B
$1.1B
Q2 25
$8.5B
$1.1B
Q1 25
$8.2B
$908.5M
Q4 24
$8.0B
$959.5M
Q3 24
$7.6B
$897.7M
Q2 24
$7.3B
$918.0M
Total Assets
FSLR
FSLR
LAUR
LAUR
Q1 26
$13.4B
Q4 25
$13.3B
$2.2B
Q3 25
$13.5B
$2.1B
Q2 25
$12.9B
$2.0B
Q1 25
$12.1B
$1.9B
Q4 24
$12.1B
$1.9B
Q3 24
$11.4B
$1.9B
Q2 24
$11.0B
$2.1B
Debt / Equity
FSLR
FSLR
LAUR
LAUR
Q1 26
0.04×
Q4 25
0.06×
Q3 25
0.06×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.06×
Q3 24
0.14×
Q2 24
0.22×

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
LAUR
LAUR
Operating Cash FlowLast quarter
$-214.9M
$93.4M
Free Cash FlowOCF − Capex
$26.4M
FCF MarginFCF / Revenue
4.9%
Capex IntensityCapex / Revenue
12.4%
Cash ConversionOCF / Net Profit
-0.62×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$263.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSLR
FSLR
LAUR
LAUR
Q1 26
$-214.9M
Q4 25
$1.2B
$93.4M
Q3 25
$1.3B
$141.0M
Q2 25
$149.6M
$74.1M
Q1 25
$-608.0M
$57.8M
Q4 24
$811.0M
$40.7M
Q3 24
$-53.7M
$118.7M
Q2 24
$193.0M
$40.2M
Free Cash Flow
FSLR
FSLR
LAUR
LAUR
Q1 26
Q4 25
$1.1B
$26.4M
Q3 25
$1.1B
$122.8M
Q2 25
$-138.6M
$60.8M
Q1 25
$-813.9M
$53.2M
Q4 24
$497.5M
$3.4M
Q3 24
$-487.7M
$110.7M
Q2 24
$-172.1M
$29.5M
FCF Margin
FSLR
FSLR
LAUR
LAUR
Q1 26
Q4 25
63.6%
4.9%
Q3 25
67.1%
30.7%
Q2 25
-12.6%
11.6%
Q1 25
-96.4%
22.5%
Q4 24
32.9%
0.8%
Q3 24
-54.9%
30.0%
Q2 24
-17.0%
5.9%
Capex Intensity
FSLR
FSLR
LAUR
LAUR
Q1 26
Q4 25
10.2%
12.4%
Q3 25
12.8%
4.5%
Q2 25
26.3%
2.5%
Q1 25
24.4%
2.0%
Q4 24
20.7%
8.8%
Q3 24
48.9%
2.2%
Q2 24
36.1%
2.1%
Cash Conversion
FSLR
FSLR
LAUR
LAUR
Q1 26
-0.62×
Q4 25
2.38×
0.54×
Q3 25
2.79×
4.09×
Q2 25
0.44×
0.78×
Q1 25
-2.90×
Q4 24
2.06×
0.43×
Q3 24
-0.17×
1.39×
Q2 24
0.55×
0.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSLR
FSLR

Segment breakdown not available.

LAUR
LAUR

Mexico Segment$275.9M51%
Peru Segment$265.5M49%

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