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FIRST SOLAR, INC. Cost of Revenue 2007-2026 | FSLR

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$3.10B

+32.0%YoY vs FY2024Source: 10-KFY2025

From $252.6M in FY2007 to $3.10B in FY2025: 12.3× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$558M+11.6%Not reportedNot reportedNot reported
FY25$500M+11.6%$597M+16.8%$984M+122.5%$1.0B+7.5%
FY24$448M+2.7%$512M+2.3%$442M+4.1%$946M+44.1%
FY23$436M+22.7%$500M−22.3%$425M−30.1%$657M−30.3%
FY22$356M−42.5%$644M+41.6%$608M+32.5%$942M+42.5%
Share20%22%23%34%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+8.8%

FY2020
$2.03B
FY2025
$3.10B

5 years selected · on the chart

01—History

Cost of Revenue History

Year-over-year comparison from 10-K annual reports

  19. $3.10B
YoY changeLargest recent move+35.7%in FY19Latest +32.0%

2 older moves run past ±50% (largest +124.8%); point at, tap or drag across the bars to read one.

02—Ledger

Cost of Revenue, period by period

PeriodValueChangeSource
FY2025$3.10B+32.0%10-K
FY2024$2.35B+16.4%10-K
FY2023$2.02B−20.8%10-K
FY2022$2.55B+16.2%10-K
FY2021$2.19B+8.0%10-K
FY2020$2.03B−19.2%10-K
FY2019$2.51B+35.7%10-K
FY2018$1.85B−22.6%10-K
FY2017$2.39B+5.6%10-K
FY2016$2.27B−24.0%10-K
FY2015$2.98B+16.1%10-K
FY2014$2.57B+5.0%10-K
FY2013$2.44B−2.8%10-K
FY2012$2.52B+40.2%10-K
FY2011$1.79B+30.2%10-K
FY2010$1.38B+34.9%10-K
FY2009$1.02B+79.9%10-K
FY2008$567.9M+124.8%10-K
FY2007$252.6M—10-K

03—Questions

What is cost of revenue?

Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.

What is FIRST SOLAR, INC.'s current cost of revenue?

FIRST SOLAR, INC. (FSLR) annual cost of revenue for 2025 was $3.10B, a 31.96% increase from 2024. FIRST SOLAR, INC. cost of revenue for the quarter ending March 31, 2026 was $558.1M.

What was FIRST SOLAR, INC.'s cost of revenue in 2024?

FIRST SOLAR, INC. annual cost of revenue for 2024 was $2.35B, a 16.38% increase from 2023.

What was FIRST SOLAR, INC.'s cost of revenue in 2023?

FIRST SOLAR, INC. annual cost of revenue for 2023 was $2.02B, a 20.85% decline from 2022.

What is FIRST SOLAR, INC.'s 5-year cost of revenue CAGR?

FIRST SOLAR, INC. cost of revenue grew at a compound annual growth rate (CAGR) of 8.82% from FY2020 to FY2025, going from $2.03B to $3.10B over 5 years.

Company
FIRST SOLAR, INC.
Ticker
FSLR
Sector
Technology
Industry
Semiconductors & Related Devices
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