First Solar, Inc. (FSLR)

204.45USD -1.43% (-2.97)

Over 1M: -18.2%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

200 220 240
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Gross Profit: 124.6M Q3 '21 — Operating Cash Flow: 305.3M Q3 '21 — Net Income: 45.2M Q4 '21 — Gross Profit: 246.5M Q4 '21 — Operating Cash Flow: 34.5M Q4 '21 — Net Income: 131.4M Q1 '22 — Gross Profit: 11.5M Q1 '22 — Operating Cash Flow: -138.8M Q1 '22 — Net Income: -43.3M Q2 '22 — Gross Profit: -23.2M Q2 '22 — Operating Cash Flow: 88M Q2 '22 — Net Income: 55.8M Q3 '22 — Gross Profit: 21M Q3 '22 — Operating Cash Flow: 129M Q3 '22 — Net Income: -49.2M Q4 '22 — Gross Profit: 60.6M Q4 '22 — Operating Cash Flow: 795.2M Q4 '22 — Net Income: -7.5M Q1 '23 — Gross Profit: 112.1M Q1 '23 — Operating Cash Flow: -34.6M Q1 '23 — Net Income: 42.6M Q2 '23 — Gross Profit: 310.4M Q2 '23 — Operating Cash Flow: -89.7M Q2 '23 — Net Income: 170.6M Q3 '23 — Gross Profit: 376.2M Q3 '23 — Operating Cash Flow: 165.4M Q3 '23 — Net Income: 268.4M Q4 '23 — Gross Profit: 502M Q4 '23 — Operating Cash Flow: 561.1M Q4 '23 — Net Income: 349.2M Q1 '24 — Gross Profit: 346M Q1 '24 — Operating Cash Flow: 267.7M Q1 '24 — Net Income: 236.6M Q2 '24 — Gross Profit: 498.9M Q2 '24 — Operating Cash Flow: 193M Q2 '24 — Net Income: 349.4M Q3 '24 — Gross Profit: 445.3M Q3 '24 — Operating Cash Flow: -53.7M Q3 '24 — Net Income: 313M Q4 '24 — Gross Profit: 567.7M Q4 '24 — Operating Cash Flow: 811M Q4 '24 — Net Income: 393.1M Q1 '25 — Gross Profit: 344.4M Q1 '25 — Operating Cash Flow: -608M Q1 '25 — Net Income: 209.5M Q2 '25 — Gross Profit: 499.9M Q2 '25 — Operating Cash Flow: 149.6M Q2 '25 — Net Income: 341.9M Q3 '25 — Gross Profit: 610.7M Q3 '25 — Operating Cash Flow: 1.3B Q3 '25 — Net Income: 455.9M Q4 '25 — Gross Profit: 665.3M Q4 '25 — Operating Cash Flow: 1.2B Q4 '25 — Net Income: 520.9M Q1 '26 — Gross Profit: 486.1M Q1 '26 — Operating Cash Flow: -214.9M Q1 '26 — Net Income: 346.6M Q2 '26 — Gross Profit: 605M Q2 '26 — Operating Cash Flow: -144.9M Q2 '26 — Net Income: 422.6M -400M 0 400M 800M 1.2B 1.6B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Gross Profit Operating Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.0
SBC / sales 0.44%
OE margin 27.5%
Oper. margin 33.6%
ROIC 16.5%
Accruals -3.1%
FCF margin 27.9%
OCF margin 40.1%
ROA 13.0%
ROCE 16.0%
ROE 16.9%
Gross margin 44.0%
OCF / EBIT 1.2×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

9.5
EV/EBIT 11.2×
EV/OE 13.8×
FCF yield 6.8%
P/E 12.6×
P/B 2.1×
P/C 12.7×
EV/GP 8.6×
EV/Sales 3.8×
Div. yield —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.2
RPO / sales 0.22×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

10.0
ND/EBITDA 0.081
Cash / Debt 23.2×
Debt / Eq 0.0072×
Debt payback 0.0 yr
Payout 0.0%
F-score 7.0 pts
Quick ratio 2.0×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

6.3
Sales/sh Y/Y +23.8%
Sales CAGR 4Y +15.6%
EPS CAGR 4Y +34.2%
Shares change +0.011%
EBIT Y/Y +32.9%
EPS Y/Y +38.8%
Sales Q/Q -3.7%
Div. growth —
EBIT CAGR —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.