Research & Development Expenses
The latest quarterly r&d expense is $66.94 Million with a quarter-over-quarter change of +1.50%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
FSLR R&D Expense
Reported quarterly R&D expense; no daily interpolation.
Current R&D Expense
$66.94M
$66.94 Million
Quarter-over-Quarter Change
+1.50%
vs. $65.95M prior quarter
Historical Data
89
Quarters of data available
Quarterly R&D Expense History
| Period | R&D Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $66.94M | +$991,000 | +1.50% |
| Q4 2025 | $65.95M | +$5.36M | +8.85% |
| Q3 2025 | $60.59M | +$6.11M | +11.20% |
| Q2 2025 | $54.49M | +$2.10M | +4.00% |
| Q1 2025 | $52.39M | +$5.89M | +12.67% |
| Q4 2024 | $46.50M | $-3.70M | -7.37% |
| Q3 2024 | $50.20M | $-1.74M | -3.35% |
| Q2 2024 | $51.94M | +$9.20M | +21.51% |
| Q1 2024 | $42.74M | $-1.12M | -2.55% |
| Q4 2023 | $43.86M | +$2.67M | +6.49% |
| Q3 2023 | $41.19M | +$4.45M | +12.10% |
| Q2 2023 | $36.74M | +$6.24M | +20.44% |
| Q1 2023 | $30.51M | $-774,000 | -2.47% |
| Q4 2022 | $31.28M | +$2.10M | +7.20% |
| Q3 2022 | $29.18M | +$3.95M | +15.67% |
| Q2 2022 | $25.23M | $-1.88M | -6.93% |
| Q1 2022 | $27.11M | $-2.77M | -9.28% |
| Q4 2021 | $29.88M | +$4.46M | +17.52% |
| Q3 2021 | $25.43M | +$1.49M | +6.23% |
| Q2 2021 | $23.93M | +$4.06M | +20.44% |
| Q1 2021 | $19.87M | $-2.80M | -12.34% |
| Q4 2020 | $22.67M | $-302,000 | -1.31% |
| Q3 2020 | $22.97M | +$489,000 | +2.17% |
| Q2 2020 | $22.48M | $-3.13M | -12.22% |
| Q1 2020 | $25.61M | +$186,000 | +0.73% |
| Q4 2019 | $25.43M | +$515,000 | +2.07% |
| Q3 2019 | $24.91M | +$517,000 | +2.12% |
| Q2 2019 | $24.39M | +$2.52M | +11.51% |
| Q1 2019 | $21.88M | +$489,000 | +2.29% |
| Q4 2018 | $21.39M | $-1.00M | -4.48% |
| Q3 2018 | $22.39M | +$2.02M | +9.92% |
| Q2 2018 | $20.37M | +$46,000 | +0.23% |
| Q1 2018 | $20.32M | $-3.26M | -13.82% |
| Q4 2017 | $23.58M | +$2.73M | +13.11% |
| Q3 2017 | $20.85M | $-491,000 | -2.30% |
| Q2 2017 | $21.34M | $-1.46M | -6.40% |
| Q1 2017 | $22.80M | $-6.67M | -22.64% |
| Q4 2016 | $29.47M | $-2.70M | -8.40% |
| Q3 2016 | $32.17M | $-758,000 | -2.30% |
| Q2 2016 | $32.93M | +$2.74M | +9.09% |
| Q1 2016 | $30.19M | $-6.54M | -17.81% |
| Q4 2015 | $36.73M | +$7.10M | +23.96% |
| Q3 2015 | $29.63M | +$151,000 | +0.51% |
| Q2 2015 | $29.48M | $-5.28M | -15.18% |
| Q1 2015 | $34.76M | $-188,000 | -0.54% |
| Q4 2014 | $34.94M | $-2.65M | -7.05% |
| Q3 2014 | $37.59M | +$4.93M | +15.11% |
| Q2 2014 | $32.66M | $-6.11M | -15.77% |
| Q1 2014 | $38.77M | +$352,000 | +0.92% |
| Q4 2013 | $38.42M | +$3.44M | +9.82% |
| Q3 2013 | $34.98M | +$4.02M | +12.98% |
| Q2 2013 | $30.96M | +$1.03M | +3.45% |
| Q1 2013 | $29.93M | $-1.71M | -5.40% |
| Q4 2012 | $31.64M | $-733,000 | -2.26% |
| Q3 2012 | $32.37M | +$7,000 | +0.02% |
| Q2 2012 | $32.37M | $-3.72M | -10.31% |
| Q1 2012 | $36.08M | $-1.82M | -4.81% |
| Q4 2011 | $37.91M | $-258,000 | -0.68% |
| Q3 2011 | $38.16M | +$5.06M | +15.29% |
| Q2 2011 | $33.10M | +$1.75M | +5.59% |
| Q1 2011 | $31.35M | +$3.75M | +13.59% |
| Q4 2010 | $27.60M | +$6.13M | +28.54% |
| Q3 2010 | $21.47M | $-1.36M | -5.97% |
| Q2 2010 | $22.84M | $-52,000 | -0.23% |
| Q1 2010 | $22.89M | $-828,000 | -3.49% |
| Q4 2009 | $23.72M | $-420,000 | -1.74% |
| Q3 2009 | $24.14M | +$5.53M | +29.73% |
| Q2 2009 | $18.61M | +$6.90M | +58.96% |
| Q1 2009 | $11.70M | +$624,000 | +5.63% |
| Q4 2008 | $11.08M | +$1.13M | +11.33% |
| Q3 2008 | $9.95M | +$2.23M | +28.83% |
| Q2 2008 | $7.72M | +$2.96M | +62.29% |
| Q1 2008 | $4.76M | +$328,000 | +7.40% |
| Q4 2007 | $4.43M | +$578,000 | +15.00% |
| Q3 2007 | $3.85M | +$91,000 | +2.42% |
| Q2 2007 | $3.76M | +$705,000 | +23.05% |
| Q1 2007 | $3.06M | +$1.41M | +85.45% |
| Q4 2006 | $1.65M | +$78,000 | +4.96% |
| Q3 2006 | $1.57M | +$1.57M | — |
| Q2 2006 | $0 | +$0 | — |
| Q1 2006 | $0 | +$0 | — |
| Q4 2005 | $0 | +$0 | — |
| Q3 2005 | $0 | +$0 | — |
| Q2 2005 | $0 | +$0 | — |
| Q1 2005 | $0 | +$0 | — |
| Q4 2004 | $0 | +$0 | — |
| Q3 2004 | $0 | +$0 | — |
| Q2 2004 | $0 | +$0 | — |
| Q1 2004 | $0 | — | — |
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