Skip to content
AnalystLens
Back to FSLRIncome Statement

FIRST SOLAR, INC. Interest Expense 2007-2024 | FSLR

Annual FY2007–FY2023 · quarterly through Q1 FY2024

Latest annual · FY2023

$13.0M

+6.1%YoY vs FY2022Source: 10-KFY2023

From $2.3M in FY2007 to $13.0M in FY2023: 5.7× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$9M+1131.3%Not reportedNot reportedNot reported
FY23$748K−73.9%$1M−56.3%$4M+24.8%$7M+125.6%
FY22$3M−4.4%$3M−30.0%$3M+1.1%$3M+23.8%
FY21$3M−55.9%$5M+42.1%$3M−73.0%$3M−16.2%
FY20$7M−32.9%$3M−63.5%$11M+120.6%$3M−1.0%
Share25%24%24%27%

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 DirectionStable
CAGR

−12.9%

FY2018
$25.9M
FY2023
$13.0M

5 years selected · on the chart

01—History

Interest Expense History

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

  17. $13.0M
YoY changeLargest recent move+251.9%in FY15Latest +6.1%

5 older moves run past ±150% (largest +13788.0%); point at, tap or drag across the bars to read one.

02—Ledger

Interest Expense, period by period

PeriodValueChangeSource
FY2023$13.0M+6.1%10-K
FY2022$12.2M−6.7%10-K
FY2021$13.1M−45.5%10-K
FY2020$24.0M−11.2%10-K
FY2019$27.1M+4.4%10-K
FY2018$25.9M+0.6%10-K
FY2017$25.8M+25.5%10-K
FY2016$20.5M+194.5%10-K
FY2015$7.0M+251.9%10-K
FY2014$2.0M+5.2%10-K
FY2013$1.9M−86.4%10-K
FY2012$13.9M+13788.0%10-K
FY2011$100,000+1566.7%10-K
FY2010$6,000−99.9%10-K
FY2009$5.3M+933.0%10-K
FY2008$509,000−77.8%10-K
FY2007$2.3M—10-K

03—Questions

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is FIRST SOLAR, INC.'s current interest expense?

FIRST SOLAR, INC. (FSLR) annual interest expense for 2023 was $13.0M, a 6.05% increase from 2022. FIRST SOLAR, INC. interest expense for the quarter ending March 31, 2024 was $9.2M.

What was FIRST SOLAR, INC.'s interest expense in 2022?

FIRST SOLAR, INC. annual interest expense for 2022 was $12.2M, a 6.73% decline from 2021.

What was FIRST SOLAR, INC.'s interest expense in 2021?

FIRST SOLAR, INC. annual interest expense for 2021 was $13.1M, a 45.47% decline from 2020.

What is FIRST SOLAR, INC.'s 5-year interest expense CAGR?

FIRST SOLAR, INC. interest expense grew at a compound annual growth rate (CAGR) of 12.94% from FY2018 to FY2023, going from $25.9M to $13.0M over 5 years.

Company
FIRST SOLAR, INC.
Ticker
FSLR
Sector
Technology
Industry
Semiconductors & Related Devices
View company profile →