FIRST SOLAR, INC. R&D Expense 2007-2026 | FSLR
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is FIRST SOLAR, INC.'s current r&d expense?
FIRST SOLAR, INC. (FSLR) annual r&d expense for 2025 was $233.4M, a 21.97% increase from 2024. FIRST SOLAR, INC. r&d expense for the quarter ending March 31, 2026 was $66.9M.
What was FIRST SOLAR, INC.'s r&d expense in 2024?
FIRST SOLAR, INC. annual r&d expense for 2024 was $191.4M, a 25.65% increase from 2023.
What was FIRST SOLAR, INC.'s r&d expense in 2023?
FIRST SOLAR, INC. annual r&d expense for 2023 was $152.3M, a 35.02% increase from 2022.
What is FIRST SOLAR, INC.'s 5-year r&d expense CAGR?
FIRST SOLAR, INC. r&d expense grew at a compound annual growth rate (CAGR) of 20.02% from FY2020 to FY2025, going from $93.7M to $233.4M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+20.0%
FY2020
$93.7M
→
FY2025
$233.4M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $233.4M | +22.0% | 10-K |
| FY2024 | $191.4M | +25.7% | 10-K |
| FY2023 | $152.3M | +35.0% | 10-K |
| FY2022 | $112.8M | +13.8% | 10-K |
| FY2021 | $99.1M | +5.7% | 10-K |
| FY2020 | $93.7M | -3.0% | 10-K |
| FY2019 | $96.6M | +14.4% | 10-K |
| FY2018 | $84.5M | -4.6% | 10-K |
| FY2017 | $88.6M | -29.0% | 10-K |
| FY2016 | $124.8M | -4.5% | 10-K |
| FY2015 | $130.6M | -9.3% | 10-K |
| FY2014 | $144.0M | +7.2% | 10-K |
| FY2013 | $134.3M | +1.4% | 10-K |
| FY2012 | $132.5M | -5.7% | 10-K |
| FY2011 | $140.5M | +48.2% | 10-K |
| FY2010 | $94.8M | +21.3% | 10-K |
| FY2009 | $78.2M | +133.2% | 10-K |
| FY2008 | $33.5M | +121.9% | 10-K |
| FY2007 | $15.1M | - | 10-K |
Company: FIRST SOLAR, INC.Ticker: FSLRSector: TechnologyIndustry: Semiconductors & Related DevicesView company profile →