FN2 Earnings Intelligence
First Solar, Inc. balance sheet (quarterly)
First Solar, Inc. (FSLR) Balance Sheet (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/31/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $837.6 | $1,124.7 | $1,992.2 | $2,363 | $1,688.3 | - | - |
| + Debt | $525.1 | $577.9 | $555 | $425.8 | $302.2 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $844.6 | $1,097.2 | $1,594.9 | $1,044.2 | $1,056.2 | $1,392.4 | $1,553.7 |
| % Growth | - | - | - | - | - | -12.7% | - |
| Gross Profit | $344.4 | $499.8 | $610.7 | $486.1 | $605 | - | - |
| % Margin | 40.8% | 45.6% | 38.3% | 46.6% | 57.3% | - | - |
| EBITDA | $343.5 | $483.7 | $597 | $489.1 | $593.9 | - | - |
| % Margin | 40.7% | 44.1% | 37.4% | 46.8% | 56.2% | - | - |
| Net Income | $209.5 | $341.9 | $455.9 | $346.6 | $422.6 | - | - |
| % Margin | 24.8% | 31.2% | 28.6% | 33.2% | 40.0% | - | - |
| Diluted EPS | $1.95 | $3.18 | $4.24 | $3.22 | $3.92 | $5.17 | $5.88 |
| % Growth | - | - | - | - | - | 21.9% | - |
| Operating Cash Flow | -$608 | - | - | -$214.9 | - | - | - |
| CapEx | $206 | - | - | $118.5 | - | - | - |
| Free Cash Flow | -$813.9 | - | - | -$333.4 | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/31/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $844.6 | $1,097.2 | $1,594.9 | $1,044.2 | $1,056.2 | $1,392.4 | $1,553.7 |
| Gross Profit | $344.4 | $499.8 | $610.7 | $486.1 | $605 | - | - |
| EBITDA | $343.5 | $483.7 | $597 | $489.1 | $593.9 | - | - |
| Net Income | $209.5 | $341.9 | $455.9 | $346.6 | $422.6 | - | - |
| Diluted EPS | $1.95 | $3.18 | $4.24 | $3.22 | $3.92 | $5.17 | $5.88 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $837.6 | $1,124.7 | $1,992.2 | $2,363 | $1,688.3 |
| Short-term Debt | $197.2 | $249.9 | $272.4 | $188.6 | $19.6 |
| Long-term Debt | $327.9 | $328 | $282.6 | $237.2 | $282.6 |
| Total Debt | $525.1 | $577.9 | $555 | $425.8 | $302.2 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$608 | - | - | -$214.9 | - |
| Capital Expenditure | $206 | - | - | $118.5 | - |
| Free Cash Flow | -$813.9 | - | - | -$333.4 | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 40.8% | 45.6% | 38.3% | 46.6% | 57.3% |
| EBITDA Margin | 40.7% | 44.1% | 37.4% | 46.8% | 56.2% |
| Net Margin | 24.8% | 31.2% | 28.6% | 33.2% | 40.0% |
| FCF Margin | -96.4% | - | - | -31.9% | - |
| Diluted EPS Growth | - | - | - | - | - |