FSLR logo
FSLR NASDAQ US

First Solar, Inc. - Common Stock

Technology · Semiconductors Website · IPO Nov 2006
$195.32
▼ $-4.10 (-2.06%)
Vol 1.5M
13
Quality Score
ok
Deep Check
2/5 ok
Mkt Cap
$28.0B
P/E
20.0
ROE
16.6%
Margin
27.7%
D/E
8.70
Beta
1.62
52W
$117–$286

Wall Street Consensus

49 analysts · Apr 2026
7
Strong Buy
23
Buy
17
Hold
1
Sell
1
Strong Sell
61.2%
Buy Rating

Price Chart

Earnings

Beat rate: 25.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $5.26 $4.84 $-0.42
Sep 2025 $4.34 $4.24 $-0.10
Jun 2025 $2.71 $3.18 +$0.47
Mar 2025 $2.55 $1.95 $-0.60

Quarterly Revenue & Earnings

Quarter 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $1.5B $844.6M $1.1B $1.6B $1.7B
Net Income $393.1M $209.5M $341.9M $455.9M $520.9M

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) 15.6% 15.6% 15.6% 16.6% 16.6% 16.6%
P/E (TTM) 14.12 18.13 19.55 20.45 20.12 20.02
Net Margin 31.2% 28.9% 28.9% 27.7% 27.7% 27.7%
Gross Margin 45.6% 42.8% 42.8% 40.0% 40.0% 40.0%
D/E Ratio 11.74 11.74 11.74 8.70 8.70 8.70
Current Ratio 1.90 1.90 1.90 1.91 1.91 1.91

Key Ratios

ROA (TTM)
11.1%
P/S (TTM)
5.55
P/B
2.4
EPS (TTM)
$13.02
CF/Share
$7.20
Rev Growth 3Y
+12.9%
52W High
$285.99
52W Low
$116.56
$116.56 52-Week Range $285.99

Financial Health

Free Cash Flow
$1.1B
Net Debt
-$2.1B
Cash
$2.8B
Total Debt
$655.3M
As of Dec 31, 2025

How does FSLR compare to Semiconductors peers?

Peer group: Mid-cap Semiconductors ($2B+) · 53 companies

FSLR ACLS ACMR ADI ALAB

FSLR valuation vs Semiconductors peers

P/E ratio
20.0
46% below peers (37.3)
vs Peers
vs Industry
Undervalued
P/S ratio
5.6
32% below peers (8.2)
vs Peers
vs Industry
Pricier
P/B ratio
2.4
52% below peers (4.9)
vs Peers
vs Industry
Undervalued
Div yield
0% below peers (0.8%)
vs Peers
vs Industry
In line

FSLR profitability vs Semiconductors peers

ROE
16.6%
52% above peers (11.0%)
vs Peers
vs Industry
Below avg
Net margin
27.7%
122% above peers (12.5%)
vs Peers
vs Industry
Top tier
Gross margin
40.1%
21% below peers (50.7%)
vs Peers
vs Industry
Weak
ROA
11.1%
85% above peers (6.0%)
vs Peers
vs Industry
Below avg

FSLR financial health vs Semiconductors peers

D/E ratio
8.7
60% below peers (21.9)
vs Peers
vs Industry
Above avg
Current ratio
1.9
37% below peers (3.0)
vs Peers
vs Industry
Low liquidity
Beta
1.6
2% above peers (1.6)
vs Peers
vs Industry
Less volatile

FSLR fundamentals radar

FSLR Peer median Industry

FSLR profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

FSLR vs peers: key metrics

Latest AI Opinion

Grok SKIP

Price action shows a sharp downtrend from peaks near $280 in late 2025 to current levels around $188, with the recent close at $189.92 after a significant drop on 2026-02-23 and stabilization near recent lows of $185, but there is …

Mar 27, 2026