Income Statement - FIRST SOLAR, INC. (FSLR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5,219.38 | 4,206.29 | 3,318.60 | 2,619.32 | 2,923.38 | 2,711.33 | 3,063.12 | 2,244.04 | 2,941.32 | 2,904.56 | 4,112.65 | 3,391.19 | 3,309.62 | 3,368.55 | 2,766.21 | 2,563.52 | 2,066.20 | 1,246.30 | 503.98 | 134.97 |
| Cost of revenue | 3,098.67 | 2,348.43 | 2,017.92 | 2,549.46 | 2,193.42 | 2,030.66 | 2,513.91 | 1,851.87 | 2,392.38 | 2,266.15 | 2,979.89 | 2,566.25 | 2,444.98 | 2,515.80 | 1,794.46 | 1,378.67 | 1,021.62 | 567.91 | 252.57 | 80.73 |
| Gross profit | 2,120.71 | 1,857.86 | 1,300.68 | 69.86 | 729.95 | 680.67 | 549.21 | 392.18 | 548.95 | 638.42 | 1,132.76 | 824.94 | 864.63 | 852.75 | 971.75 | 1,184.85 | 1,044.58 | 678.39 | 251.40 | 54.24 |
| Total operating expenses | 437.18 | 463.44 | 443.41 | 97.09 | 143.20 | 363.18 | 711.00 | 352.06 | 371.10 | 1,206.57 | 402.60 | 402.94 | 494.23 | 890.31 | 1,040.42 | 435.94 | 364.97 | 240.05 | 114.22 | 51.43 |
| Operating income | 1,683.53 | 1,394.42 | 857.27 | -27.24 | 586.75 | 317.49 | -161.79 | 40.11 | 177.85 | -568.15 | 730.16 | 422.00 | 370.41 | -37.56 | -68.66 | 748.90 | 679.62 | 438.34 | 137.18 | 2.81 |
| Non-operating income (net) | -102.61 | 11.92 | 34.02 | 35.83 | -14.59 | -26.43 | 41.37 | 107.65 | 28.53 | 175.21 | -104.42 | 5.15 | 10.41 | -2.24 | 14.95 | 13.17 | 6.70 | 25.44 | 18.78 | 6.37 |
| Income before tax | 1,580.91 | 1,406.34 | 891.29 | 8.60 | 572.16 | 291.06 | -120.41 | 147.77 | 206.38 | -392.95 | 625.74 | 427.15 | 380.82 | -39.80 | -53.71 | 762.08 | 686.31 | 463.78 | 155.96 | 9.18 |
| Income tax expense | 52.68 | 114.29 | 60.51 | 52.76 | 103.47 | -107.29 | -5.48 | 3.44 | 372.00 | 23.17 | 32.33 | 31.19 | 30.10 | 56.53 | -14.22 | 97.88 | 46.18 | 115.45 | -2.39 | 5.21 |
| Net income | 1,528.23 | 1,292.04 | 830.78 | -44.17 | 468.69 | 398.36 | -114.93 | 144.33 | -165.62 | -416.11 | 593.41 | 395.96 | 350.72 | -96.34 | -39.49 | 664.20 | 640.14 | 348.33 | 158.35 | 3.97 |
Show Quarterly Income Statement
Income Statement - FIRST SOLAR, INC. (FSLR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,044.24 | 1,682.78 | 1,594.86 | 1,097.17 | 844.57 | 1,514.03 | 887.67 | 1,010.48 | 794.11 | 1,158.55 | 801.09 | 810.67 | 548.29 | 1,002.39 | 628.93 | 620.96 | 367.04 | 907.32 | 583.50 | 629.18 | 803.37 | 609.23 | 927.57 | 642.41 | 532.12 | 1,399.38 | 546.81 | 584.96 | 531.98 | 691.24 | 676.22 | 309.32 | 567.27 | 339.18 | 1,087.03 | 623.33 | 891.79 | 330.80 | 681.28 | 1,016.42 | 876.07 | 1,475.98 | 1,271.25 | 896.22 | 469.21 | 1,006.39 | 890.29 | 544.35 | 950.16 | 769.06 | 1,265.59 | 519.76 | 755.21 | 1,075.01 | 839.15 | 957.33 | 497.06 | 660.35 | 1,005.79 | 532.77 | 567.29 | 609.80 | 797.90 | 587.85 | 567.96 | 641.27 | 480.85 | 525.88 | 418.21 | 433.65 | 348.69 | 267.04 | 196.92 | 200.80 | 159.01 | 77.22 | 66.95 | 52.70 | 40.79 | 27.43 | 27.43 |
| Cost of revenue | 558.85 | 1,017.44 | 984.11 | 597.32 | 486.81 | 946.37 | 442.36 | 511.59 | 448.11 | 656.52 | 424.92 | 500.25 | 436.24 | 941.78 | 607.95 | 644.16 | 355.58 | 660.83 | 458.92 | 455.06 | 618.61 | 449.37 | 634.55 | 504.95 | 441.79 | 1,065.82 | 408.44 | 507.77 | 531.87 | 592.93 | 547.09 | 317.38 | 394.47 | 277.11 | 795.23 | 512.43 | 807.61 | 322.95 | 510.37 | 834.37 | 598.46 | 1,031.05 | 786.88 | 731.73 | 430.23 | 700.29 | 700.89 | 451.63 | 713.45 | 577.89 | 901.55 | 379.66 | 585.88 | 781.46 | 600.43 | 713.59 | 420.31 | 522.23 | 626.62 | 337.98 | 307.63 | 313.08 | 476.01 | 303.66 | 285.93 | 375.06 | 235.86 | 227.78 | 182.92 | 199.73 | 153.25 | 122.34 | 92.59 | 89.85 | 76.97 | 48.85 | 36.91 | 27.08 | 24.54 | 16.40 | 9.33 |
| Gross profit | 485.39 | 665.34 | 610.75 | 499.85 | 357.76 | 567.66 | 445.31 | 498.89 | 346.00 | 502.03 | 376.18 | 310.42 | 112.05 | 60.61 | 20.98 | -23.20 | 11.46 | 246.49 | 124.58 | 174.12 | 184.77 | 159.86 | 293.02 | 137.46 | 90.34 | 333.56 | 138.36 | 77.18 | 0.11 | 98.31 | 129.13 | -8.06 | 172.80 | 62.07 | 291.80 | 110.89 | 84.18 | 7.85 | 170.91 | 182.05 | 277.61 | 444.93 | 484.37 | 164.48 | 38.98 | 306.10 | 189.40 | 92.73 | 236.71 | 191.17 | 364.03 | 140.10 | 169.33 | 293.55 | 238.72 | 243.74 | 76.75 | 138.12 | 379.16 | 194.80 | 259.67 | 296.72 | 321.89 | 284.19 | 282.04 | 266.21 | 244.99 | 298.10 | 235.28 | 233.93 | 195.44 | 144.70 | 104.32 | 110.95 | 82.04 | 28.37 | 30.04 | 25.62 | 16.26 | 27.43 | 27.43 |
| Total operating expenses | 132.28 | 116.63 | 107.92 | 107.08 | 105.55 | 110.89 | 123.31 | 126.38 | 102.86 | 104.25 | 103.21 | 141.91 | 94.05 | 106.52 | 89.34 | -168.03 | 69.27 | 73.33 | 73.71 | 63.74 | -67.58 | 102.09 | 85.85 | 86.56 | 88.68 | 451.42 | 97.06 | 85.77 | 76.75 | 87.30 | 70.65 | 95.58 | 98.53 | 97.14 | 84.81 | 96.97 | 92.18 | 829.00 | 97.58 | 182.29 | 97.69 | 99.62 | 86.54 | 107.35 | 109.09 | 109.16 | 105.53 | 90.82 | 97.44 | 128.97 | 156.13 | 101.00 | 108.12 | 121.53 | 131.67 | 104.08 | 533.03 | 623.44 | 156.42 | 130.27 | 130.28 | 131.07 | 110.25 | 103.72 | 90.90 | 121.48 | 82.20 | 94.06 | 67.23 | 72.60 | 65.29 | 55.97 | 46.19 | 32.69 | 33.74 | 22.57 | 25.22 | 18.92 | 11.16 | 0.00 | 0.00 |
| Operating income | 353.12 | 548.71 | 502.83 | 392.77 | 252.21 | 456.77 | 322.00 | 372.51 | 243.14 | 397.78 | 272.97 | 168.52 | 18.00 | -45.91 | -68.35 | 144.83 | -57.80 | 173.16 | 50.87 | 110.38 | 252.35 | 57.77 | 207.16 | 50.90 | 1.66 | -117.87 | 41.30 | -8.58 | -76.64 | 11.01 | 58.48 | -103.63 | 74.26 | -35.07 | 206.99 | 13.93 | -8.00 | -821.15 | 73.32 | -0.24 | 179.92 | 345.32 | 397.82 | 57.13 | -70.11 | 196.94 | 83.88 | 1.91 | 139.27 | 62.20 | 207.90 | 39.10 | 61.21 | 172.02 | 107.05 | 139.66 | -456.28 | -485.32 | 222.74 | 64.53 | 129.38 | 165.65 | 211.64 | 180.47 | 191.14 | 144.73 | 162.79 | 204.04 | 168.06 | 161.33 | 130.15 | 88.73 | 58.13 | 78.26 | 48.30 | 5.80 | 4.82 | 6.69 | 5.10 | 27.43 | 27.43 |
| Non-operating income (net) | 1.22 | 2.64 | -42.48 | -40.61 | -35.15 | -10.42 | 5.34 | 4.62 | 12.38 | -21.10 | 17.50 | 19.96 | 17.67 | 39.33 | 6.67 | -5.22 | -4.95 | -5.99 | -4.83 | -7.58 | 3.81 | -8.47 | -14.02 | -3.77 | -0.17 | 27.59 | 4.35 | 1.78 | 7.65 | 36.69 | 1.67 | 48.98 | 20.31 | 1.38 | 6.34 | -1.99 | 22.80 | 126.42 | 8.93 | -3.88 | 43.75 | -111.00 | -0.05 | 3.41 | 3.22 | 4.10 | -0.99 | 0.45 | 1.59 | 2.68 | 0.78 | 1.97 | 4.98 | -1.44 | 3.72 | -4.31 | -0.20 | 3.88 | 0.02 | 7.43 | 3.62 | 7.71 | 1.28 | -0.04 | 4.22 | 5.59 | 2.18 | -2.74 | 1.68 | 10.28 | 2.95 | 5.13 | 7.08 | 7.88 | 5.35 | 2.06 | 3.49 | 6.37 | -0.63 | -28.78 | -28.78 |
| Income before tax | 354.33 | 551.34 | 460.35 | 352.17 | 217.06 | 446.35 | 327.34 | 377.13 | 255.52 | 376.68 | 290.47 | 188.47 | 35.67 | -6.57 | -61.68 | 139.60 | -62.75 | 167.17 | 46.04 | 102.80 | 256.16 | 49.30 | 193.14 | 47.13 | 1.49 | -90.27 | 45.66 | -6.80 | -68.99 | 47.70 | 60.15 | -54.66 | 94.58 | -33.69 | 213.33 | 11.94 | 14.81 | -694.74 | 82.25 | -4.13 | 223.67 | 234.32 | 397.77 | 60.55 | -66.90 | 201.05 | 82.89 | 2.36 | 140.86 | 64.88 | 208.69 | 41.06 | 66.19 | 170.57 | 110.76 | 135.35 | -456.49 | -481.44 | 222.77 | 71.96 | 133.01 | 173.37 | 212.92 | 180.44 | 195.36 | 150.32 | 164.97 | 201.30 | 169.73 | 171.61 | 133.10 | 93.86 | 65.21 | 86.14 | 53.65 | 7.86 | 8.31 | 13.06 | 4.47 | -1.36 | -1.36 |
| Income tax expense | 7.72 | 30.46 | 4.40 | 10.30 | 7.52 | 53.23 | 14.39 | 27.78 | 18.90 | 27.44 | 22.07 | 17.89 | -6.89 | 0.98 | -12.51 | 83.80 | -19.50 | 35.80 | 0.84 | 20.35 | 46.49 | -66.40 | 38.11 | 10.21 | -89.22 | -30.87 | 15.04 | 11.74 | -1.39 | -4.42 | 2.40 | -6.16 | 11.63 | 398.77 | 7.58 | -40.03 | 5.68 | 56.05 | -68.21 | 7.29 | 28.03 | 23.20 | 48.45 | -33.34 | -5.98 | 11.45 | -6.95 | -2.17 | 28.85 | 1.94 | 13.65 | 7.46 | 7.05 | 16.40 | 22.84 | 24.36 | -7.07 | -68.33 | 26.25 | 10.82 | 17.04 | 17.42 | 36.05 | 21.40 | 23.01 | 8.70 | 11.62 | 20.72 | 5.14 | 38.84 | 33.83 | 24.19 | 18.59 | 23.27 | 7.62 | -36.55 | 3.28 | 5.03 | 0.18 | 1.36 | 1.36 |
| Net income | 346.62 | 520.88 | 455.94 | 341.87 | 209.54 | 393.12 | 312.96 | 349.36 | 236.62 | 349.24 | 268.40 | 170.58 | 42.56 | -7.55 | -49.17 | 55.81 | -43.26 | 131.37 | 45.20 | 82.45 | 209.67 | 115.70 | 155.04 | 36.91 | 90.70 | -59.41 | 30.62 | -18.55 | -67.60 | 52.12 | 57.75 | -48.49 | 82.95 | -432.45 | 205.75 | 51.96 | 9.13 | -750.79 | 150.46 | -11.42 | 195.64 | 211.12 | 349.32 | 93.89 | -60.92 | 189.60 | 89.83 | 4.53 | 112.01 | 62.94 | 195.04 | 33.60 | 59.14 | 154.18 | 87.92 | 110.98 | -449.42 | -413.11 | 196.51 | 61.14 | 115.97 | 155.94 | 176.87 | 159.04 | 172.35 | 141.62 | 153.34 | 180.58 | 164.60 | 132.77 | 99.27 | 69.67 | 46.62 | 62.87 | 46.03 | 44.42 | 5.03 | 8.04 | 4.29 | -1.36 | -1.36 |