Gross Profit for First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's current gross profit (TTM) is $2.12B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FSLR
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$2.12B
YoY change
+14.1%
5Y CAGR
+25.5%
Peak year (2025)
$2.12B
Cumulative gross profit
$16.74B
Gross Profit history chart for First Solar (FSLR) from 2001 to 2025
Gross Profit history table for First Solar (FSLR) from 2001 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $2.12B | +14.1% | ||
| 2024 | $1.86B | +42.8% | ||
| 2023 | $1.30B | +1761.9% | ||
| 2022 | $69.86M | -90.4% | ||
| 2021 | $729.95M | +7.2% | ||
| 2020 | $680.67M | +23.9% | ||
| 2019 | $549.21M | +40.0% | ||
| 2018 | $392.18M | -28.6% | ||
| 2017 | $548.95M | -14.0% | ||
| 2016 | $638.42M | -43.6% | ||
| 2015 | $1.13B | +37.3% | ||
| 2014 | $824.94M | -4.6% | ||
| 2013 | $864.63M | +1.4% | ||
| 2012 | $852.75M | -12.2% | ||
| 2011 | $971.75M | -18.0% | ||
| 2010 | $1.18B | +13.4% | ||
| 2009 | $1.04B | +54.0% | ||
| 2008 | $678.39M | +169.8% | ||
| 2007 | $251.40M | +363.5% | ||
| 2006 | $54.24M | +227.2% | ||
| 2005 | $16.58M | -411.1% | ||
| 2004 | -$5.33M | -266.0% | ||
| 2003 | $3.21M | -149.3% | ||
| 2002 | -$6.52M | -54.3% | ||
| 2001 | -$14.27M | — |
Gross Profit 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) gross profit totalled $2.12B – grew 14.1% year-over-year.
Over 2020–2025 (5 years), First Solar gross profit expanded at a +25.5% compound annual rate, sustaining 3 straight years of year-over-year growth.
2025 marks the peak gross profit at $2.12B, with the historical low of -$14.27M recorded in 2001.
Among 8 Energy peers, First Solar (FSLR) ranks 9th; the peer median for gross profit is $14.92B.
First Solar Gross Profit by Year
First Solar Gross Profit 2025: $2.12B
First Solar gross profit in 2025 was $2.12B, grew 14.1% from 2024. This figure represents the highest annual value in the available history.
First Solar Gross Profit 2024: $1.86B
First Solar gross profit in 2024 was $1.86B, surged 42.8% from 2023.
First Solar Gross Profit 2023: $1.30B
First Solar gross profit in 2023 was $1.30B, surged 1761.9% from 2022.
First Solar Gross Profit 2022: $69.86M
First Solar gross profit in 2022 was $69.86M, plunged 90.4% below 2021.
First Solar Gross Profit 2021: $729.95M
First Solar gross profit in 2021 was $729.95M.
See more financial history for First Solar (FSLR).
Sector peers — Gross Profit
Companies in the same sector as First Solar, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is First Solar's gross profit?
- Latest reported gross profit for First Solar (FSLR) is $2.12B (period ending December 31, 2025).
How has First Solar gross profit changed year-over-year?
- First Solar (FSLR) gross profit changed +14.1% year-over-year on the latest annual filing.
What is the long-term growth rate of First Solar gross profit?
- First Solar (FSLR) gross profit compound annual growth rate is +25.5% over the most recent 5 years available.
When did First Solar gross profit hit its highest annual value?
- First Solar gross profit reached its highest annual value of $2.12B in 2025.
What was First Solar gross profit in 2024?
- First Solar (FSLR) gross profit in 2024 was $1.86B.
What was First Solar gross profit in 2025?
- First Solar (FSLR) gross profit in 2025 was $2.12B.
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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