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FIRST SOLAR, INC. Total Operating Expenses 2007-2026 | FSLR

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$523.5M

+12.7%YoY vs FY2024Source: 10-KFY2025

From $114.2M in FY2007 to $523.5M in FY2025: 4.6× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$141M+14.3%Not reportedNot reportedNot reported
FY25$123M+18.4%$138M+9.4%$145M+17.3%$117M+5.9%
FY24$104M+10.6%$126M−11.0%$123M+19.2%$111M+0.1%
FY23$94M+32.1%$142M+83.6%$103M+8.5%$111M+3.8%
FY22$71M−14.6%$77M+24.8%$95M+32.7%$107M+45.6%
Share22%23%24%31%

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

+7.6%

FY2020
$363.2M
FY2025
$523.5M

5 years selected · on the chart

Total Operating Expenses History

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

  1. $523.5M
YoY changeLargest recent move+199.7%in FY16Latest +12.7%

1 older move runs past ±150% (largest +199.7%); point at, tap or drag across the bars to read one.

Total Operating Expenses, period by period

PeriodValueChangeSource
FY2025$523.5M+12.7%10-K
FY2024$464.6M+3.2%10-K
FY2023$450.3M+28.4%10-K
FY2022$350.6M+20.7%10-K
FY2021$290.5M−20.0%10-K
FY2020$363.2M−48.9%10-K
FY2019$711.0M+102.0%10-K
FY2018$352.1M−5.1%10-K
FY2017$371.1M−69.2%10-K
FY2016$1.21B+199.7%10-K
FY2015$402.6M−0.1%10-K
FY2014$402.9M−18.5%10-K
FY2013$494.2M−44.5%10-K
FY2012$890.3M−14.4%10-K
FY2011$1.04B+138.7%10-K
FY2010$435.9M+19.4%10-K
FY2009$365.0M+52.0%10-K
FY2008$240.1M+110.2%10-K
FY2007$114.2M—10-K

What is total operating expenses?

Total operating expenses include all costs related to running the core business, including cost of goods sold, R&D, and SG&A.

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

FIRST SOLAR, INC. (FSLR) annual total operating expenses for 2025 was $523.5M, a 12.68% increase from 2024. FIRST SOLAR, INC. total operating expenses for the quarter ending March 31, 2026 was $140.8M.

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

FIRST SOLAR, INC. annual total operating expenses for 2024 was $464.6M, a 3.17% increase from 2023.

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

FIRST SOLAR, INC. annual total operating expenses for 2023 was $450.3M, a 28.43% increase from 2022.

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

FIRST SOLAR, INC. total operating expenses grew at a compound annual growth rate (CAGR) of 7.59% from FY2020 to FY2025, going from $363.2M to $523.5M over 5 years.

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