Gross Margin: 46.48%
Is the gross margin high or low?
The gross margin of 46.48% is 50% above its 5-year average of 30.94%, near the high end of its 5-year range (-3.74%–50.17%).
As of Friday, June 26, 2026. 9.51% above its 12-month average of 42.45%.
FSLR Gross Margin
Reported quarterly gross margin; no daily interpolation.
FSLR Average Gross Margin Chart
FSLR Current vs Average Gross Margin Chart
FSLR Gross Margin Metrics
GROSS MARGIN
46.48%
GROSS MARGIN AVG TTM
42.45%
GROSS MARGIN AVG 3Y
43.45%
GROSS MARGIN AVG 5Y
30.94%
GROSS MARGIN AVG 10Y
24.85%
GROSS MARGIN AVG 15Y
25.38%
GROSS MARGIN AVG 20Y
30.82%
CURRENT VS TTM AVG
+9.51%
CURRENT VS 3Y AVG
+6.98%
CURRENT VS 5Y AVG
+50.22%
CURRENT VS 10Y AVG
+87.03%
CURRENT VS 15Y AVG
+83.15%
CURRENT VS 20Y AVG
+50.83%
FSLR Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $26.72B | 46.48% | 42.45% | 43.45% | 30.94% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 39.00% | 39.05% | 47.66% | 46.04% |
| Halliburton Company (HAL)vs › | $28.76B | 15.31% | 17.23% | 17.34% | 14.96% |
| Tenaris S.A. (TS)vs › | $30.69B | 34.29% | 34.72% | 37.72% | 33.46% |
| Expand Energy Corporation (EXE)vs › | $21.19B | 53.38% | 36.77% | 52.41% | 42.45% |
| EQT Corporation (EQT)vs › | $32.31B | 64.05% | 31.77% | 37.13% | 38.84% |
| APA Corporation (APA)vs › | $11.81B | 53.91% | 40.75% | 47.26% | 42.30% |
| Antero Midstream Corporation (AM)vs › | $10.78B | 64.52% | 64.44% | 63.13% | 63.71% |
| Cameco Corporation (CCJ)vs › | $45.11B | 29.79% | 30.32% | 25.84% | 20.67% |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 44.23% | 46.97% | 45.48% | 44.46% |
Gross Margin Analysis
Gross Margin
46.5%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for First Solar, Inc. (FSLR)?
- The gross margin for FSLR stock is 46.48%.
- Is First Solar, Inc.'s gross margin high or low?
- The gross margin of 46.48% is 50% above its 5-year average of 30.94%, near the high end of its 5-year range (-3.74%–50.17%).
- What is the TTM average gross margin for First Solar, Inc. (FSLR)?
- The TTM average gross margin for FSLR stock is 42.45%.
- What is the 3Y average gross margin for First Solar, Inc. (FSLR)?
- The 3Y average gross margin for FSLR stock is 43.45%.
- What is the 5Y average gross margin for First Solar, Inc. (FSLR)?
- The 5Y average gross margin for FSLR stock is 30.94%.
- What is the 10Y average gross margin for First Solar, Inc. (FSLR)?
- The 10Y average gross margin for FSLR stock is 24.85%.
- What is the 15Y average gross margin for First Solar, Inc. (FSLR)?
- The 15Y average gross margin for FSLR stock is 25.38%.
- What is the 20Y average gross margin for First Solar, Inc. (FSLR)?
- The 20Y average gross margin for FSLR stock is 30.82%.
FSLR Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 46.48% |
| 2025-12-31 | 39.54% |
| 2025-09-30 | 38.29% |
| 2025-06-30 | 45.56% |
| 2025-03-31 | 42.36% |
| 2024-12-31 | 37.49% |
| 2024-09-30 | 50.17% |
| 2024-06-30 | 49.37% |
| 2024-03-31 | 43.57% |
| 2023-12-31 | 43.33% |
| 2023-09-30 | 46.96% |
| 2023-06-30 | 38.29% |
| 2023-03-31 | 20.44% |
| 2022-12-31 | 6.05% |
| 2022-09-30 | 3.34% |
| 2022-06-30 | -3.74% |
| 2022-03-31 | 3.12% |
| 2021-12-31 | 27.17% |
| 2021-09-30 | 21.35% |
| 2021-06-30 | 27.67% |
| 2021-03-31 | 23.00% |
| 2020-12-31 | 26.24% |
| 2020-09-30 | 31.59% |
| 2020-06-30 | 21.40% |
| 2020-03-31 | 16.98% |
| 2019-12-31 | 23.84% |
| 2019-09-30 | 25.30% |
| 2019-06-30 | 13.19% |
| 2019-03-31 | 0.02% |
| 2018-12-31 | 14.22% |
| 2018-09-30 | 19.10% |
| 2018-06-30 | -2.61% |
| 2018-03-31 | 30.46% |
| 2017-12-31 | 18.30% |
| 2017-09-30 | 26.84% |
| 2017-06-30 | 17.79% |
| 2017-03-31 | 9.44% |
| 2016-12-31 | 2.37% |
| 2016-09-30 | 25.09% |
| 2016-06-30 | 17.91% |
| 2016-03-31 | 31.69% |
| 2015-12-31 | 30.14% |
| 2015-09-30 | 38.10% |
| 2015-06-30 | 18.35% |
| 2015-03-31 | 8.31% |
| 2014-12-31 | 30.42% |
| 2014-09-30 | 21.27% |
| 2014-06-30 | 17.03% |
| 2014-03-31 | 24.91% |
| 2013-12-31 | 24.86% |
| 2013-09-30 | 28.76% |
| 2013-06-30 | 26.95% |
| 2013-03-31 | 22.42% |
| 2012-12-31 | 27.31% |
| 2012-09-30 | 28.45% |
| 2012-06-30 | 25.46% |
| 2012-03-31 | 15.44% |
| 2011-12-31 | 20.92% |
| 2011-09-30 | 37.70% |
| 2011-06-30 | 36.56% |
| 2011-03-31 | 45.77% |
| 2010-12-31 | 48.66% |
| 2010-09-25 | 40.34% |
| 2010-06-26 | 48.34% |
| 2010-03-27 | 49.66% |
| 2009-12-31 | 41.51% |
| 2009-09-30 | 50.95% |
| 2009-07-31 | 56.69% |
| 2009-03-31 | 56.26% |
| 2008-12-31 | 53.94% |
| 2008-09-27 | 56.05% |
| 2008-06-28 | 54.19% |
| 2008-03-29 | 52.98% |
| 2007-12-31 | 55.25% |
| 2007-09-29 | 51.60% |
| 2007-06-30 | 36.74% |
| 2007-03-31 | 44.87% |
| 2006-12-31 | 48.61% |
| 2006-09-30 | 39.85% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
Related Metrics
About First Solar, Inc.
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
- Sector
- Energy
- Industry
- Solar
- CEO
- Mark R. Widmar