FSLRFirst Solar
$177.82-15% 1Y
$177.82
$172.5452 weeks$318.25
The financials
First Solar by the numbers
First Solar (FSLR) reported revenue of $1.06B in Q2 2026 (quarter ended Jun 30, 2026), down 3.7% from the same quarter a year earlier. That came with a gross margin of 57% and net income of $423M (40% of revenue). For the full year FY2025, revenue was $5.22B (+24% year on year) and net income $1.53B. Its largest product in Q4 2023 (quarter ended Dec 31, 2023) was Solar Module at $1.16B, 100% of the disclosed total, well ahead of Operationsand Maintenance at 0.0%. The next results filing is expected around Oct 29, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.06B | $1.10B | −3.7% |
| Gross profit | $605M | $500M | +21% |
| Operating income | $450M | $362M | +25% |
| Net income | $423M | $342M | +24% |
| Diluted EPS | $3.92 | $3.18 | +23% |
| Product | Revenue | Share |
|---|---|---|
| Solar Module | $1.16B | 100% |
| Operationsand Maintenance | $487K | 0.0% |
| Solar Power Systems Salesof | $477K | 0.0% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q4 2023Total $1.16B (+45%)
Solar Module grew +37% year on yearSolar Power Systems Salesof -100% year on year
Segment Latestquarter on quarteryear on year
- Solar Module$1.16B$1.16Bquarter on quarter +45%year on year +37%+45%+37%
- Operations and Maintenance$487.0K$487.0Kquarter on quarter +1.2%year on year +11%+1.2%+11%
- Solar Power Systems Salesof$477.0K$477.0Kquarter on quarter +120%year on year -100%+120%-100%
Solar
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