First Solar financials
$176.93+2.29%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $1.04B | $1.68B | $1.59B | $1.10B | $844.6M | $1.51B | $887.7M | $1.01B | $794.1M | $1.16B | $801.1M |
| Gross profit | $605.0M | $486.1M | $665.3M | $610.7M | $499.9M | $344.4M | $567.7M | $445.3M | $498.9M | $346.0M | $502.0M | $376.2M |
| Gross margin | 57.3% | 46.6% | 39.5% | 38.3% | 45.6% | 40.8% | 37.5% | 50.2% | 49.4% | 43.6% | 43.3% | 47.0% |
| Operating income | $450.4M | $345.3M | $547.9M | $466.1M | $361.6M | $221.2M | $456.8M | $322.0M | $372.5M | $242.0M | $391.2M | $272.8M |
| Net income | $422.6M | $346.6M | $520.9M | $455.9M | $341.9M | $209.5M | $393.1M | $313.0M | $349.4M | $236.6M | $349.2M | $268.4M |
| Net margin | 40.0% | 33.2% | 31.0% | 28.6% | 31.2% | 24.8% | 26.0% | 35.3% | 34.6% | 29.8% | 30.1% | 33.5% |
| Diluted EPS | $3.92 | $3.22 | $4.84 | $4.24 | $3.18 | $1.95 | $3.65 | $2.91 | $3.25 | $2.20 | $3.25 | $2.50 |
| EBITDA | $598.2M | $492.7M | $688.5M | $604.2M | $485.0M | $346.1M | $581.2M | $433.2M | $470.3M | $332.6M | $391.2M | $350.5M |
| Operating cash flow | -$144.9M | -$214.9M | $1.24B | $1.27B | $149.6M | -$608.0M | $811.0M | -$53.7M | $193.0M | $267.7M | $561.1M | $165.4M |
| Free cash flow | -$306.2M | -$333.4M | $1.07B | $1.07B | -$138.6M | -$813.9M | $497.5M | -$487.7M | -$172.1M | -$145.7M | $214.2M | -$120.8M |
| Diluted shares | 107.7M | 107.6M | 107.7M | 107.5M | 107.5M | 107.4M | 107.6M | 107.6M | 107.5M | 107.4M | 107.6M | 107.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.69B | $2.36B | $2.80B | $1.99B | $1.12B | $837.6M |
| Short-term investments | $38.7M | $63.6M | $51.8M | $47.7M | $29.1M | $53.1M |
| Total debt | $37.6M | $425.8M | $498.6M | $555.0M | $577.9M | $525.1M |
| Total assets | $13.39B | $13.35B | $13.32B | $13.46B | $12.86B | $12.12B |
| Total liabilities | $3.07B | $3.47B | $3.78B | $4.44B | $4.31B | $3.93B |
| Shareholders' equity | $10.32B | $9.88B | $9.54B | $9.02B | $8.55B | $8.19B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology