Free Cash Flow CAGR:55.54%(TTM)
Free cash flow CAGR uses precomputed cash-flow statement history.
Over longer horizons, Free Cash Flow CAGR averages 55.54% over 3 years and 55.54% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how the company's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
FSLR Free Cash Flow CAGR Chart
First Solar, Inc. (FSLR)
FSLR Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
FSLR Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $-308.08M | $1.19B | +$1.50B | N/A | N/A |
| 2024 | $-784.51M | $-308.08M | +$476.44M | N/A | N/A |
| 2023 | $-30.24M | $-784.51M | $-754.28M | N/A | N/A |
| 2022 | $-302.73M | $-30.24M | +$272.50M | N/A | N/A |
| 2021 | $-379.51M | $-302.73M | +$76.78M | N/A | N/A |
| 2020 | $-494.52M | $-379.51M | +$115.00M | N/A | N/A |
| 2019 | $-1.07B | $-494.52M | +$572.13M | N/A | N/A |
| 2018 | $826.32M | $-1.07B | $-1.89B | -229.08% | N/A |
| 2017 | $-22.70M | $826.32M | +$849.02M | N/A | N/A |
| 2016 | $-527.36M | $-22.70M | +$504.66M | N/A | N/A |
| 2015 | $423.44M | $-527.36M | $-950.80M | -224.54% | N/A |
| 2014 | $573.55M | $423.44M | $-150.11M | -26.17% | -26.17% |
| 2013 | $382.98M | $573.55M | +$190.57M | +49.76% | +49.76% |
| 2012 | $-765.28M | $382.98M | +$1.15B | N/A | N/A |
| 2011 | $116.58M | $-765.28M | $-881.86M | -756.45% | N/A |
| 2010 | $395.25M | $116.58M | $-278.67M | -70.51% | -70.51% |
| 2009 | $3.80M | $395.25M | +$391.46M | +10312.33% | +10312.33% |
| 2008 | $-36.42M | $3.80M | +$40.22M | N/A | N/A |
| 2007 | $-153.73M | $-36.42M | +$117.31M | N/A | N/A |
| 2006 | $-37.44M | $-153.73M | $-116.28M | N/A | N/A |
| 2005 | $-22.92M | $-37.44M | $-14.52M | N/A | N/A |
| 2004 | $-15.42M | $-22.92M | $-7.50M | N/A | N/A |
Quarterly Free Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | -$333.39M | — | +59.0% |
| Q4 2025 | $1.07B | +0.1% | +115.1% |
| Q3 2025 | $1.07B | — | — |
| Q2 2025 | -$138.56M | +83.0% | +19.5% |
| Q1 2025 | -$813.95M | — | -458.5% |
| Q4 2024 | $497.46M | — | +132.2% |
| Q3 2024 | -$487.65M | -183.3% | -303.8% |
| Q2 2024 | -$172.15M | -18.1% | +63.6% |
| Q1 2024 | -$145.73M | — | +64.1% |
| Q4 2023 | $214.20M | — | -54.3% |
| Q3 2023 | -$120.78M | +74.4% | -28.1% |
| Q2 2023 | -$472.37M | -16.5% | -326.8% |
| Q1 2023 | -$405.56M | — | -38.1% |
| Q4 2022 | $468.31M | — | — |
| Q3 2022 | -$94.28M | +14.8% | — |
| Q2 2022 | -$110.67M | +62.3% | — |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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