EBITDA for First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's current EBITDA (TTM) is $2.15B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

FSLR
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.15B
YoY change
+15.3%
5Y CAGR
+31.4%
Peak year (2025)
$2.15B
Cumulative EBITDA
$12.45B
EBITDA history chart for First Solar (FSLR) from 2001 to 2025
EBITDA history table for First Solar (FSLR) from 2001 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.15B | +15.3% | ||
| 2024 | $1.87B | +54.2% | ||
| 2023 | $1.21B | +317.2% | ||
| 2022 | $290.55M | -65.6% | ||
| 2021 | $845.17M | +53.6% | ||
| 2020 | $550.15M | +389.4% | ||
| 2019 | $112.41M | -58.3% | ||
| 2018 | $269.80M | -21.4% | ||
| 2017 | $343.19M | -220.1% | ||
| 2016 | -$285.77M | -128.6% | ||
| 2015 | $998.13M | +46.8% | ||
| 2014 | $679.88M | +10.1% | ||
| 2013 | $617.23M | +160.7% | ||
| 2012 | $236.80M | +30.4% | ||
| 2011 | $181.62M | -80.2% | ||
| 2010 | $918.18M | +11.8% | ||
| 2009 | $821.20M | +56.8% | ||
| 2008 | $523.80M | +224.0% | ||
| 2007 | $161.66M | +1141.6% | ||
| 2006 | $13.02M | -1020.8% | ||
| 2005 | -$1.41M | -90.5% | ||
| 2004 | -$14.84M | -562.2% | ||
| 2003 | $3.21M | -114.5% | ||
| 2002 | -$22.13M | -14.0% | ||
| 2001 | -$25.73M | — |
EBITDA values are taken from First Solar's reported income 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
In 2025, First Solar (FSLR) EBITDA totalled $2.15B – grew 15.3% year-over-year.
Over 2020–2025 (5 years), First Solar EBITDA expanded at a +31.4% compound annual rate, sustaining 3 straight years of year-over-year growth.
2025 marks the peak EBITDA at $2.15B, with the historical low of -$285.77M recorded in 2016.
Within Energy, First Solar (FSLR) ranks 9th among 8 peers we track. The peer median for EBITDA is $15.87B.
First Solar EBITDA by Year
First Solar EBITDA 2025: $2.15B
First Solar EBITDA in 2025 was $2.15B, grew 15.3% from 2024. This figure represents the highest annual value in the available history.
First Solar EBITDA 2024: $1.87B
First Solar EBITDA in 2024 was $1.87B, surged 54.2% from 2023.
First Solar EBITDA 2023: $1.21B
First Solar EBITDA in 2023 was $1.21B, surged 317.2% from 2022.
First Solar EBITDA 2022: $290.55M
First Solar EBITDA in 2022 was $290.55M, plunged 65.6% below 2021.
First Solar EBITDA 2021: $845.17M
First Solar EBITDA in 2021 was $845.17M.
See more financial history for First Solar (FSLR).
Sector peers — EBITDA
Companies in the same sector as First Solar, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $67.86B | Energy |
| Chevron Corporation (CVX) | $41.42B | Energy |
| ConocoPhillips (COP) | $23.18B | Energy |
| Enbridge Inc. (ENB) | $20.45B | Energy |
| EOG Resources, Inc. (EOG) | $11.30B | Energy |
| The Williams Companies, Inc. (WMB) | $7.41B | Energy |
| SLB N.V. (SLB) | $7.15B | Energy |
| Valero Energy Corporation (VLO) | $6.72B | Energy |
Frequently asked questions
What is First Solar's EBITDA?
- Latest reported EBITDA for First Solar (FSLR) is $2.15B (period ending December 31, 2025).
How has First Solar EBITDA changed year-over-year?
- First Solar (FSLR) EBITDA changed +15.3% year-over-year on the latest annual filing.
What is the long-term growth rate of First Solar EBITDA?
- First Solar (FSLR) EBITDA compound annual growth rate is +31.4% over the most recent 5 years available.
When did First Solar EBITDA hit its highest annual value?
- First Solar EBITDA reached its highest annual value of $2.15B in 2025.
What was First Solar EBITDA in 2024?
- First Solar (FSLR) EBITDA in 2024 was $1.87B.
What was First Solar EBITDA in 2025?
- First Solar (FSLR) EBITDA in 2025 was $2.15B.
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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FSLR Overview
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