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Company Profile: First Solar, Inc. (FSLR)

FSLR insider trades (13 months) →

$185.90 +2.11% vs. previous close · Market cap $19.98B

Today's multi-factor rank: 296 of 461 · see the ranking

Momentum
3.3/10
Value
5.8/10
Growth
3.9/10
Quality
5.9/10
Multifactor
4.7/10

Market and Valuation

Price & Market

Prev Close Price:$182.05
Open:$184.46
Day's Low:$181.10
Day's High:$188.68
Bid / Ask:-
Market Cap:19.98B
Enterprise Value:18.27B

52-Week Range

52-Week Low:$165.86
52-Week High:$320.95
Current position in 52-week range
52w Low-52w High
50-Day Avg:$188.07
200-Day Avg:$215.61

Volume

Volume Today:3,449,140
Avg Volume (3m):2,296,989
Avg Volume (10d):2,246,030
52-Week Change:-30.70%
vs S&P 500, 52 weeks:-
Beta:1.71

Valuation Multiples

P/E (trailing):10.76

Diluted EPS for the last 12 months: the four quarters ended Sep 30, 2026, from the accounts filed with the SEC on Oct 29, 2026. The P/E is the price divided by that EPS.

P/E (forward):8.05
PEG Ratio:0.32
Price / Book:1.84
Price / Sales (TTM):3.98
EV / Revenue:3.64
EV / EBITDA:7.36

Dividends

Current yield:-
Annual Dividend Rate:-
Dividend Trailing:$0.00
Yield Trailing:0.00%
5-Year Avg Yield:-
Payout Ratio:0.00%
Last Ex-Dividend Date:-

Valuation Context

P/E vs sector (indicative)

Most Recent Quarter:-
Fiscal Year (Next):-

Loading historical OHLCV database...

Financial Statements TTM (Trailing 12 Months)

Income Statement

Total Revenue (TTM):5.01B
Gross Profit:2.47B
EBITDA:2.48B
Net Income (TTM):1.86B
Rev Growth (YoY):-22.80%
Earnings Growth (YoY):+25.00%
Quarterly earnings growth (YoY):+25.20%

Margins

Gross Margin:-
EBITDA Margin:-
Operating Margin:-
Net Margin:-

Per Share

EPS Trailing (TTM):$17.28

Diluted EPS for the last 12 months: the four quarters ended Sep 30, 2026, from the accounts filed with the SEC on Oct 29, 2026. The P/E is the price divided by that EPS.

EPS Forward (Est.):$23.08
Revenue Per Share:$46.69
Cash Per Share:-
Book Value:$101.23
Last Dividend:-
Ex-Dividend Date:-
Last Split:-

Balance Sheet & Liquidity

Total cash:1.62B
Total Debt:324.97M
Net Debt (Debt - Cash):−1.30B (net cash)
Debt / Equity:2.99%
Current Ratio:2.57
Quick Ratio:1.76

Cash Flows

Operating Cash Flow:839.18M
Free Cash Flow (FCF):687.75M
FCF Yield (FCF / Market Cap):-
Enterprise Value:18.27B
EV / Revenue:3.64
EV / EBITDA:7.36

Profitability

ROE (Return on Equity):18.71%
ROA (Return on Assets):8.60%
P/E (trailing):10.76
P/E (forward):8.05
Price / Book:1.84
PEG Ratio:0.32
52-Week Change:-30.70%
S&P 500 change, 52 weeks:+11.37%

Historical Evolution (Last 4 Years)

Income Statement

Balance Sheet

Cash Flow

EPS and Earnings Per Share

Key EPS Metrics

EPS Trailing (TTM):$17.28

Diluted EPS for the last 12 months: the four quarters ended Sep 30, 2026, from the accounts filed with the SEC on Oct 29, 2026. The P/E is the price divided by that EPS.

EPS Forward (Est.):$23.08
P/E (forward):8.05
PEG Ratio:0.32

Growth and Margins

Earnings Growth YoY:-
Quarterly Earnings Growth YoY:-
Rev Growth YoY:-
Net Margin:-
Gross Margin:-
EBITDA Margin:-

Per Share

Revenue Per Share:$46.69
Cash Per Share:-
Book Value:$101.23

Cash Flows (TTM)

Free Cash Flow:687.75M
Operating Cash Flow:839.18M
EBITDA:2.48B
Total Revenue (TTM):5.01B
Net Income (TTM):1.86B
Fiscal Year (Last):-

EPS Surprise History - Last 4 Quarters

Actual vs. Analyst Estimates · Green = beat expectations · Red = missed

Quarter Period Actual EPS Estimated EPS Difference Surprise % Currency

Ownership Structure

Ownership Distribution

% Insiders:-
% Institutional:-
% Inst. (of Float):-
No. of Institutions:-
Visual distribution
InsidersInstitutionalFree Float

Shares & Short Interest

Shares Outstanding:107,481,151
Float (free shares):101,665,346
Short interest (shares):11,595,120
Short % of float:-
Short Ratio (days to cover):4.91
Short interest, prior month:-
Short Interest Date:-

Governance Score (1=Best, 10=Worst)

Overall risk:-
Audit Risk:-
Board risk:-
Compensation Risk:-
Shareholder rights risk:-

Top Institutional Holders

Position Change: ▲ Increased · ▼ Reduced · = Unchanged

Organization Report Date % Shares No. Shares Value (USD) Change %

Top Mutual Funds

Position Change: ▲ Increased ▼ Decreased = Unchanged

Fund Report Date % Shares No. Shares Value (USD) Change %

Recent Insider Trades

Executive / Insider Title Date Action Shares

Options Chain

CALLS

StrikeLastBidAskVol.O.I.IV

PUTS

StrikeLastBidAskVol.O.I.IV

First Solar, Inc. (FSLR) SEC filings: 10-K, 10-Q and 8-K

Direct links to financial reports filed with the SEC.

Type Date Official link
10-Q2026-10-29View filing ↗
8-K2026-07-30View filing ↗
SD2026-06-01View filing ↗
8-K2026-05-15View filing ↗
8-K2026-04-30View filing ↗
DEFA14A2026-04-02View filing ↗
10-K2026-02-24View filing ↗
8-K2026-02-19View filing ↗
10-Q2025-10-30View filing ↗
8-K2025-10-21View filing ↗

Company and Executive Profile

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Phoenix, Arizona.

General Information

Headquarters:United States
City:Phoenix
Employees:7,900
Sector:Technology
Industry:Solar
Website:-

Key Executives

NameTitleAgeTotal pay
Mr. Mark R. WidmarCEO & Director592.64M
Mr. Alexander R. BradleyChief Financial Officer441.17M
Mr. Jason E. DymbortGeneral Counsel & Secretary47967,847
Mr. Georges J. AntounChief Commercial Officer621.23M
Mr. Kuntal Kumar VermaChief Manufacturing Officer52951,062
Mr. Nathan B. TheurerVP, Global Controller & Chief Accounting Officer44-
Mr. Markus GloecklerChief Technology Officer51560,074
Mr. Byron Michael JeffersVP, Treasurer & Head of Investor Relations41-

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First Solar, Inc. (FSLR): Quantitative Analysis

First Solar, Inc. (FSLR) — Technology — Solar. FSLR is in the S&P 500 today. Model factor scores and market data, recalculated every trading day.

So far in 2026, FSLR has returned −28.8% against +11.4% for the S&P 500 (SPY): total return, dividends included on both sides, from Dec 31, 2025 to Nov 3, 2026.

FSLR ranks 296 of 461 on today's multifactor score, and 64 of the 83 Technology companies that score. Its strongest factor is quality (Z 0.53, ranked 68 of 468); its weakest is momentum (Z -1.00, ranked 433 of 494). Each factor ranks only the companies with data for it, and the multifactor score only those with all four: that is why the totals differ.

Factor scores

The Z-Score is how many standard deviations the company sits from the index average: 0 is average, positive is better than average, negative is worse.

FactorZ-ScoreRank
Multifactor-0.164296 of 461
Momentum-0.997433 of 494 ↓41
Value0.476101 of 489
Quality0.53168 of 468
Growth-0.666453 of 489

Market data

MetricValue
Price$185.90
Market Cap19.98B
P/E10.76
Revenue (last 12 months)5.01B
Price / book1.84
Book value per share$101.23
52-week range$165.86 – $320.95
Dividend yield0.00%
Beta1.71
Average volume2,296,989
Shares outstanding107.48M
Short interest (% of float)14.10% (as of Oct 15, 2026)

When does FSLR report earnings? 12 of its last 12, after the close →

What are FSLR insiders doing? 173 transactions filed with the SEC, of them 78 sells, the last one on Oct 1, 2026 →

FSLR latest SEC filings

Filing dates on EDGAR, the SEC's public registry. All FSLR filings on EDGAR.

Guides: How to read a Quant500 company page · What the S&P 500 is · P/E ratio explained · 10-K, 10-Q and 8-K · all guides

Frequently asked questions about First Solar (FSLR)

When does First Solar report earnings?

First Solar has no announced date in the Nasdaq public calendar checked (Nov 3, 2026 to Dec 7, 2026). Of its last 12 earnings announcements: 12 after the close (SEC filings through Oct 29, 2026). FSLR earnings dates and times, quarter by quarter →

What is First Solar's P/E ratio?

First Solar's P/E (price over earnings per share for the last twelve months) is 10.8 at the Nov 3, 2026 close. That EPS is the 12-month diluted figure from the SEC, the four quarters ended Sep 30, 2026. The median of the 81 Technology companies with a P/E is 30.4, and the S&P 500's, 23.5: First Solar is below its sector median. Technology stocks, company by company →

Where does First Solar rank on Quant500?

In the Nov 3, 2026 multi-factor ranking, First Solar ranks 296 of 461, and 64 of the 83 Technology companies that score. The ranking orders S&P 500 companies by the average of four factors (momentum, value, quality and growth) and is recalculated every trading day. It is a model output, not investment advice. The full ranking → How it is calculated →

Have First Solar insiders bought or sold shares?

SEC Form 4 shows no open-market purchase of First Solar shares from August 2025 through Nov 3, 2026. The latest sale was on Oct 1, 2026, by an officer, for $139k. In total, from August 2025 through Nov 3, 2026: 0 purchases and 78 sales by directors, officers and large shareholders. All FSLR insider trades →

What sector is First Solar in, and which index?

First Solar is classified in the Technology sector (industry: Solar), per the data provider's classification (similar to GICS, not identical). It is in the S&P 500 today. It is one of the 85 S&P 500 companies in that sector. Technology stocks →

What is behind these numbers

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Data as of Nov 3, 2026. Source: point-in-time SEC fundamentals and closing prices. Method and formulas are on the home page.

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