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FIRST SOLAR, INC. Net Income 2007-2026 | FSLR

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$1.53B

+18.3%YoY vs FY2024Source: 10-KFY2025

From $158.4M in FY2007 to $1.53B in FY2025: 9.7× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$347M+65.4%Not reportedNot reportedNot reported
FY25$210M−11.4%$342M−2.1%$456M+45.7%$521M+32.5%
FY24$237M+455.9%$349M+104.8%$313M+16.6%$393M+12.6%
FY23$43M+198.4%$171M+205.7%$268M+645.9%$349M+4726.9%
FY22−$43M−120.6%$56M−32.3%−$49M−208.8%−$8M−105.7%
Share21%19%27%33%

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

+30.9%

FY2020
$398.4M
FY2025
$1.53B

5 years selected · on the chart

Net Income History

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

  1. $1.53B
YoY changeLargest recent move+60.2%in FY17Latest +18.3%

6 older moves run past ±150% (largest +1981.0%); point at, tap or drag across the bars to read one.

Net Income, period by period

PeriodValueChangeSource
FY2025$1.53B+18.3%10-K
FY2024$1.29B+55.5%10-K
FY2023$830.8M+1981.0%10-K
FY2022−$44.2M−109.4%10-K
FY2021$468.7M+17.7%10-K
FY2020$398.4M+446.6%10-K
FY2019−$114.9M−179.6%10-K
FY2018$144.3M+187.1%10-K
FY2017−$165.6M+60.2%10-K
FY2016−$416.1M−170.1%10-K
FY2015$593.4M+49.9%10-K
FY2014$396.0M+12.9%10-K
FY2013$350.7M+464.0%10-K
FY2012−$96.3M−143.9%10-K
FY2011−$39.5M−105.9%10-K
FY2010$664.2M+3.8%10-K
FY2009$640.1M+83.8%10-K
FY2008$348.3M+120.0%10-K
FY2007$158.4M—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is FIRST SOLAR, INC.'s current net income?

FIRST SOLAR, INC. (FSLR) annual net income for 2025 was $1.53B, a 18.28% increase from 2024. FIRST SOLAR, INC. net income for the quarter ending March 31, 2026 was $346.6M.

What was FIRST SOLAR, INC.'s net income in 2024?

FIRST SOLAR, INC. annual net income for 2024 was $1.29B, a 55.52% increase from 2023.

What was FIRST SOLAR, INC.'s net income in 2023?

FIRST SOLAR, INC. annual net income for 2023 was $830.8M, a 1981.03% increase from 2022.

What is FIRST SOLAR, INC.'s 5-year net income CAGR?

FIRST SOLAR, INC. net income grew at a compound annual growth rate (CAGR) of 30.85% from FY2020 to FY2025, going from $398.4M to $1.53B over 5 years.

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