Companies / Information Technology
FSLR
First Solar
Semiconductors
SemiconductorsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health87
Growth98
Profitability85
Cash generation77
Balance sheet100
Dilution control77
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)-22.8%Revenue growth (FY)24.1%Revenue CAGR (3y)25.8%Gross margin40.6%Operating margin30.6%Net margin29.3%Free cash flow margin22.7%R&D / revenue4.5%Stock comp / revenue0.4%Net debt / operating cash flow-1.12xCurrent ratio2.67Diluted share count change0.0%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.6B | $3.3B | $4.2B | $5.2B |
| Gross profit | $730M | $70M | $1.3B | $1.9B | $2.1B |
| Operating income | $587M | -$27M | $857M | $1.4B | $1.6B |
| Net income | $469M | -$44M | $831M | $1.3B | $1.5B |
| Operating cash flow | $238M | $873M | $602M | $1.2B | $2.1B |
| Capital expenditure | $540M | $904M | $1.4B | $1.5B | $870M |
| Free cash flow | -$303M | -$30M | -$785M | -$308M | $1.2B |
| R&D | $99M | $113M | $152M | $191M | $233M |
| Stock-based comp | $21M | $29M | $34M | $28M | $19M |
| Cash | $1.5B | $1.5B | $1.9B | $1.6B | $2.8B |
| Total debt | $251M | $185M | $560M | $610M | $499M |
| Equity | $6.0B | $5.8B | $6.7B | $8.0B | $9.5B |
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