Capital Expenditures for First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's current capital expenditures (TTM) is $869.88M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FSLR
Currently viewingCapital ExpendituresSwitch metric
Latest period
$869.88M
YoY change
-43.0%
5Y CAGR
+15.9%
Peak year (2024)
$1.53B
Cumulative capital expenditures
$11.39B
CapEx history chart for First Solar (FSLR) from 2001 to 2025
CapEx history table for First Solar (FSLR) from 2001 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $869.88M | -43.0% | ||
| 2024 | $1.53B | +10.0% | ||
| 2023 | $1.39B | +53.5% | ||
| 2022 | $903.61M | +67.2% | ||
| 2021 | $540.29M | +29.7% | ||
| 2020 | $416.63M | -37.7% | ||
| 2019 | $668.72M | -9.6% | ||
| 2018 | $739.84M | +43.8% | ||
| 2017 | $514.36M | +124.2% | ||
| 2016 | $229.45M | +37.9% | ||
| 2015 | $166.44M | -35.4% | ||
| 2014 | $257.55M | -8.9% | ||
| 2013 | $282.58M | -25.5% | ||
| 2012 | $379.23M | -48.2% | ||
| 2011 | $731.81M | +24.3% | ||
| 2010 | $588.91M | +110.4% | ||
| 2009 | $279.94M | -39.0% | ||
| 2008 | $459.27M | +89.5% | ||
| 2007 | $242.37M | +58.3% | ||
| 2006 | $153.15M | +260.5% | ||
| 2005 | $42.48M | +449.3% | ||
| 2004 | $7.73M | — | ||
| 2001 | $0 | — |
CapEx values are taken from First Solar's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, First Solar (FSLR) reported capital expenditures of $869.88M – plunged 43.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, First Solar capital expenditures compounded at +15.9% per year, with the latest reading among the more recent periods of the dataset.
First Solar capital expenditures peaked at $1.53B in 2024; the latest annual figure is $869.88M in 2025 (43.0% below peak).
The dataset's maximum capital expenditures sits at $1.53B (2024); the minimum reading of $0 dates to 2001.
Among 8 Energy peers, First Solar (FSLR) ranks 8th; the peer median for capital expenditures is $5.50B.
First Solar Capital Expenditures by Year
First Solar Capital Expenditures 2025: $869.88M
First Solar capital expenditures in 2025 was $869.88M, plunged 43.0% below 2024.
First Solar Capital Expenditures 2024: $1.53B
First Solar capital expenditures in 2024 was $1.53B, grew 10.0% from 2023. This figure represents the highest annual value in the available history.
First Solar Capital Expenditures 2023: $1.39B
First Solar capital expenditures in 2023 was $1.39B, surged 53.5% from 2022.
First Solar Capital Expenditures 2022: $903.61M
First Solar capital expenditures in 2022 was $903.61M, surged 67.2% from 2021.
First Solar Capital Expenditures 2021: $540.29M
First Solar capital expenditures in 2021 was $540.29M.
See more financial history for First Solar (FSLR).
Sector peers — CapEx
Companies in the same sector as First Solar, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.36B | Energy |
| Chevron Corporation (CVX) | $17.35B | Energy |
| Enbridge Inc. (ENB) | $8.97B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| SLB N.V. (SLB) | $1.69B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is First Solar's capital expenditures?
- Latest reported capital expenditures for First Solar (FSLR) is $869.88M (period ending December 31, 2025).
How has First Solar capital expenditures changed year-over-year?
- First Solar (FSLR) capital expenditures changed -43.0% year-over-year on the latest annual filing.
What is the long-term growth rate of First Solar capital expenditures?
- First Solar (FSLR) capital expenditures compound annual growth rate is +15.9% over the most recent 5 years available.
When did First Solar capital expenditures hit its highest annual value?
- First Solar capital expenditures reached its highest annual value of $1.53B in 2024.
What was First Solar capital expenditures in 2024?
- First Solar (FSLR) capital expenditures in 2024 was $1.53B.
What was First Solar capital expenditures in 2025?
- First Solar (FSLR) capital expenditures in 2025 was $869.88M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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