FY2025 · period end Dec '25 · from the 10-K filed Feb 24, 2026
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Revenue | $5.22B | $4.21B | $3.32B | $2.62B | $2.92B |
| Gross Profit | $2.12B | $1.86B | $1.30B | $0.07B | $0.73B |
| Operating Income | $1.60B | $1.39B | $0.86B | negative: -$0.03B | $0.59B |
| Net Income | $1.53B | $1.29B | $0.83B | negative: -$0.04B | $0.47B |
| EPS (Diluted) | $14.21 | $12.02 | $7.74 | negative: -$0.41 | $4.38 |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Total Assets | $13.32B | $12.12B | $10.37B | $8.25B | $7.41B |
| Total Liabilities | $3.78B | $4.15B | $3.68B | $2.42B | $1.45B |
| Stockholders' Equity | $9.54B | $7.98B | $6.69B | $5.84B | $5.96B |
| Cash & Equivalents | $2.80B | $1.62B | $1.95B | $1.48B | $1.45B |
| Total Debt | $0.37B | $0.46B | — | $0.18B | $0.25B |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.06B | $1.22B | $0.60B | $0.87B | $0.24B |
| Capital Expenditures | $0.87B | $1.53B | $1.39B | $0.90B | $0.54B |
| Free Cash Flow | $1.19B | negative: -$0.31B | negative: -$0.78B | negative: -$0.03B | negative: -$0.30B |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Gross Margin | 40.6% | 44.2% | 39.2% | 2.7% | 25.0% |
| Operating Margin | 0.3% | 0.3% | 0.3% | negative: -0.0% | 0.2% |
| Net Margin | 0.3% | 0.3% | 0.3% | negative: -0.0% | 0.2% |
| Return on Equity | 17.4% | 17.6% | 13.3% | negative: -0.7% | 8.2% |
| Return on Assets | 12.0% | 11.5% | 8.9% | negative: -0.6% | 6.5% |
| Debt / Equity | 0.04× | 0.06× | 0.07× | 0.03× | 0.04× |
Showing the most recent 5 annual periods. Get 15 years of history on the Pro plan, or unlimited history back to 1993 plus the smart-money dataset and webhooks on Institutional.
| Form | Accession ID | Report Date | Filing Date | Accepted At | Source |
|---|---|---|---|---|---|
| 8-K | 0001274494-26-000138 | May 13, 2026 | May 15, 2026 | May 15, 2026 20:02 UTC | EDGAR |
| 8-K | 0001274494-26-000108 | Apr 30, 2026 | Apr 30, 2026 | Apr 30, 2026 20:04 UTC | EDGAR |
| 10-Q | 0001274494-26-000109 | Mar 31, 2026 | Apr 30, 2026 | Apr 30, 2026 20:05 UTC | EDGAR |
| 8-K | 0001274494-26-000020 | Feb 24, 2026 | Feb 24, 2026 | Feb 24, 2026 21:09 UTC | EDGAR |
| 10-K | 0001274494-26-000021 | Dec 31, 2025 | Feb 24, 2026 | Feb 24, 2026 21:12 UTC | EDGAR |
| 8-K | 0001274494-26-000016 | Feb 13, 2026 | Feb 19, 2026 | Feb 19, 2026 21:03 UTC | EDGAR |
| 8-K | 0001274494-25-000081 | Oct 30, 2025 | Oct 30, 2025 | Oct 30, 2025 20:09 UTC | EDGAR |
| 10-Q | 0001274494-25-000082 | Sep 30, 2025 | Oct 30, 2025 | Oct 30, 2025 20:18 UTC | EDGAR |
Direct links to SEC EDGAR. FSLR has additional filings available on the SEC site.
6 numbers FIRST SOLAR, INC. later changed — same XBRL tag, both filings linked.
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest·Q2 2014
Major restatementwas$2.4M
Revised up in a 10-Q.
Income (Loss) from Continuing Operations before Income Taxes, Domestic·FY 2015
Major restatementwas$127M
Revised up in a 10-K.
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest·Q2 2016
Major restatementwas$12.3M
Revised down in a 10-Q.
Net Cash Provided by (Used in) Operating Activities·Q1 2016
Major restatementwas$50.5M
Revised up in a 10-Q. Any P/OCF built on the original was 40.0% too high.
Operating Income (Loss)·FY 2015
Major restatementwas$516.7M
Revised up in a 10-K.
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest·FY 2015
Major restatementwas$519.8M
Revised up in a 10-K.
FSLR is not the only one.
See every restatement we've found across the market — or get an alert the next time FSLR revises a number.
Restatements are detected by comparing every vintage of a fact across all of FIRST SOLAR, INC.'s filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows FSLR's most significant revisions, and a figure absent from it has not been certified as unrevised.
Who is buying and selling FIRST SOLAR, INC. — insider transactions from Forms 3/4/5/144 and institutional ownership from 13F, 13D, and 13G filings, point-in-time stamped like every other fact in the library. Traders read it as a positioning signal; risk desks read it as concentration.
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