Companies: 10,795·Total market cap: $144.5T
First Solar, Inc.

First Solar, Inc.

FSLRNASDAQEnergy● Active
$289.38
+$10.37(+3.71%)
Market Cap$31.1B
P/E Ratio—
52W High$320.95
52W Low$135.5
Net IncomeFinancialsRevenue

First Solar, Inc. (FSLR) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FSLR · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $1.53B for FY2025 (fiscal year ending 2025-12-31), up 18.3% year-over-year. Net profit margin was 29.3%. Based on available data, First Solar, Inc. has been profitable since at least 2013.

FY2025 Net Income$1.53B▲ +18.3% YoY
Trailing 12M (TTM)$1.67Btrailing 4 quarters sum
Net Profit Margin29.3%$1.53B ÷ $5.22B
YoY Change+18.3%—
5-Year CAGR+30.9%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · FSLR net income history · FSLR profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.53B▲ +18.3%29.3%
FY2024$1.29B▲ +55.5%30.7%
FY2023$830.8M▲ +1981.0%25.0%
FY2022Loss−$44.2M▼ 109.4%-1.7%
FY2021$468.7M▲ +17.7%16.0%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
First Solar, Inc.
First Solar, Inc.YOU
FSLR
$1.53B+18.3%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

First Solar, Inc. (FSLR) reported net income of $1.53B for FY2025 (fiscal year ending 2025-12-31), up 18.3% year-over-year. The net profit margin was 29.3% — meaning the company kept $0.29 of every dollar of revenue as profit.

Based on available data, First Solar, Inc. has been profitable since at least 2013. Net income reached a peak of $1.53B in FY2025. Data available for 15 fiscal years.

First Solar, Inc.'s net profit margin was 29.3% for FY2025, based on the latest annual results.

Investors sometimes search for "First Solar, Inc. net worth" — the company's market capitalization is a separate figure from FSLR net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

FSLR net income · 5 questions

First Solar, Inc. is profitable. The company reported net income of $1.53B for FY2025, a net profit margin of 29.3%. Net income was up 18.3% year-over-year. Based on available data, First Solar, Inc. has been profitable since at least 2013.

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▸ Source: FMP /income-statement · GAAP · First Solar, Inc. · First Solar, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026