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

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$1.60B

+14.5%YoY vs FY2024Source: 10-KFY2025

From $137.2M in FY2007 to $1.60B in FY2025: 11.6× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$345M+56.1%Not reportedNot reportedNot reported
FY25$221M−9.0%$362M−2.9%$466M+44.8%$548M+20.0%
FY24$243M+1250.6%$373M+121.1%$322M+18.0%$457M+14.8%
FY23$18M+131.1%$169M+16.4%$273M+499.3%$398M+966.5%
FY22−$58M−122.9%$145M+31.2%−$68M−234.4%−$46M−126.5%
Share15%21%32%32%

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

+38.1%

FY2020
$317.5M
FY2025
$1.60B

5 years selected · on the chart

01—History

Operating Income History

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

  19. $1.60B
YoY changeLargest recent move+84.8%in FY21Latest +14.5%

6 older moves run past ±150% (largest +3247.5%); point at, tap or drag across the bars to read one.

02—Ledger

Operating Income, period by period

PeriodValueChangeSource
FY2025$1.60B+14.5%10-K
FY2024$1.39B+62.7%10-K
FY2023$857.3M+3247.5%10-K
FY2022−$27.2M−104.6%10-K
FY2021$586.8M+84.8%10-K
FY2020$317.5M+296.2%10-K
FY2019−$161.8M−503.3%10-K
FY2018$40.1M−77.4%10-K
FY2017$177.9M+131.3%10-K
FY2016−$568.2M−177.8%10-K
FY2015$730.2M+73.0%10-K
FY2014$422.0M+13.9%10-K
FY2013$370.4M+1086.1%10-K
FY2012−$37.6M+45.3%10-K
FY2011−$68.7M−109.2%10-K
FY2010$748.9M+10.2%10-K
FY2009$679.6M+55.0%10-K
FY2008$438.3M+219.5%10-K
FY2007$137.2M—10-K

03—Questions

What is operating income?

Operating income can be defined as profit from core business operations, calculated as gross profit minus operating expenses, before interest and taxes.

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

FIRST SOLAR, INC. (FSLR) annual operating income for 2025 was $1.60B, a 14.52% increase from 2024. FIRST SOLAR, INC. operating income for the quarter ending March 31, 2026 was $345.3M.

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

FIRST SOLAR, INC. annual operating income for 2024 was $1.39B, a 62.66% increase from 2023.

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

FIRST SOLAR, INC. annual operating income for 2023 was $857.3M, a 3247.55% increase from 2022.

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

FIRST SOLAR, INC. operating income grew at a compound annual growth rate (CAGR) of 38.14% from FY2020 to FY2025, going from $317.5M to $1.60B over 5 years.

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