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First Solar

First SolarFSLREarnings & Financial Report

Nasdaq · Information Technology · Semiconductors

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.

NextMar 13, 2026

FSLR Q3 2025 Key Financial Metrics

营收

$1.6B

毛利润

$610.7M

营业利润

$466.1M

净利润

$455.9M

毛利率

38.3%

营业利润率

29.2%

净利率

28.6%

同比增长

79.7%

EPS

$4.24

资金流向

First Solar Q3 2025 Financial Summary

First Solar reported revenue of $1.6B for Q3 2025, with a net profit of $455.9M (28.6% margin). Cost of goods sold was $984.1M, operating expenses totaled $144.7M.

Key Financial Metrics

Total Revenue$1.6B
Net Profit$455.9M
Gross Margin38.3%
Operating Margin29.2%
Report PeriodQ3 2025

First Solar Annual Revenue by Year

First Solar annual revenue history includes year-by-year totals (for example, 2024 revenue was $4.2B).

YearAnnual Revenue
2024$4.2B
2023$3.3B
2022$2.6B

利润表

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
营收$1.16B$794.1M$1.01B$887.7M$1.51B$844.6M$1.10B$1.59B
同比增长15.6%44.8%24.6%10.8%30.7%6.4%8.6%79.7%

资产负债表

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
总资产$10.37B$10.76B$11.01B$11.44B$12.12B$12.12B$12.86B$13.46B
总负债$3.68B$3.86B$3.76B$3.84B$4.15B$3.93B$4.31B$4.44B
股东权益$6.69B$6.90B$7.26B$7.59B$7.98B$8.19B$8.55B$9.02B

现金流量表

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
经营性现金流$561.1M$267.7M$193.0M$-53.7M$811.0M$-608.0M$149.6M$1.27B