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Latest period

$782.44M

YoY change

-43.0%

5Y CAGR

+15.9%

Peak year (2024)

$1.53B

CapEx history chart for First Solar (FSLR) from 2001 to 2025

Latest: $869.88M

CapEx growth chart for First Solar (FSLR) from 2001 to 2025

Latest: -43.0%

CapEx history table for First Solar (FSLR) from 2001 to 2025

  • 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$0.00

CapEx values are taken from First Solar's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at First Solar (FSLR)

According to First Solar's latest reported financial statements, the company's current CapEx (TTM) is $782.44M. 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 .

As of the 2025 fiscal year, First Solar (FSLR) reported CapEx of $869.88M – plunged 43.0% year-over-year.

Looking at the 2020–2025 (5 years) stretch, First Solar CapEx compounded at +15.9% per year, with mixed annual results across the window.

First Solar CapEx peaked at $1.53B in 2024; the latest annual figure is $869.88M in 2025 (43.0% below peak).

The record annual CapEx stands at $1.53B, reached in 2024; the historical low of $0.00 was recorded in 2001.

First Solar Capital Expenditures by Year

First Solar Capital Expenditures 2025: $869.88M

In 2025, First Solar reported CapEx of $869.88M, plunged 43.0% below 2024.

First Solar Capital Expenditures 2024: $1.53B

First Solar CapEx 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

2023's CapEx for First Solar came in at $1.39B, surged 53.5% from 2022.

First Solar Capital Expenditures 2022: $903.61M

First Solar posted CapEx of $903.61M in 2022, surged 67.2% from 2021.

First Solar Capital Expenditures 2021: $540.29M

First Solar CapEx in 2021 was $540.29M.

See more financial history for First Solar (FSLR).

Sector peers by CapEx

Energy peers of First Solar (FSLR), ranked by their latest CapEx

Frequently asked questions