Revenue
Trailing-twelve-month (TTM) revenue is $5.42 Billion with a year-over-year growth of +27.30%. Revenue represents the total income generated from the company's primary business operations.
FSLR Revenue
Reported quarterly revenue; no daily interpolation.
FSLR Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
FSLR Revenue by Segment
How FSLR’s revenue breaks down across its reported segments in the latest reported fiscal year.
By geography (FY 2025)
- United States$4.99B95.7%
- India$195.58M3.7%
- France$6.30M0.1%
FSLR Revenue by Geography (history)
How the revenue mix has shifted across the last 6 reported fiscal years. Bar height tracks total revenue.
- United States
- India
- France
- Other reported
- Unallocated
Revenue (TTM)
$5.42B
$5.42 Billion
Year-over-Year Growth
+27.30%
vs. $4.26B a year ago (TTM)
Revenue CAGR
+12.69%
5 Year compound annual growth rate
Revenue CAGR (Compound Annual Growth Rate)
1 Year
+27.30%
3 Year
+24.61%
5 Year
+12.69%
10 Year
+1.83%
15 Year
+5.12%
20 Year
+24.85%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Revenue History
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2025 | $5.22B | +$1.01B | +24.09% |
| 2024 | $4.21B | +$887.69M | +26.75% |
| 2023 | $3.32B | +$699.28M | +26.70% |
| 2022 | $2.62B | ($304.06M) | (10.40%) |
| 2021 | $2.92B | +$212.04M | +7.82% |
| 2020 | $2.71B | ($351.79M) | (11.48%) |
| 2019 | $3.06B | +$819.07M | +36.50% |
| 2018 | $2.24B | ($697.28M) | (23.71%) |
| 2017 | $2.94B | +$36.76M | +1.27% |
| 2016 | $2.90B | ($1.21B) | (29.37%) |
Revenue Growth Summary
TTM Growth
+27.30%
3-Year Avg Growth
+24.61%
5-Year Avg Growth
+12.69%
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