Market Cap for First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's latest reported market cap is $28.13B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
FSLR
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Latest period
$28.13B
YoY change
-27.0%
5Y CAGR
+17.1%
Peak year (2025)
$28.09B
Latest annual
$20.50B
Market Cap history chart for First Solar (FSLR) from 2006 to 2026
Market Cap history table for First Solar (FSLR) from 2006 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $20.50B | -27.0% | ||
| 2025 | $28.09B | +48.2% | ||
| 2024 | $18.95B | +2.4% | ||
| 2023 | $18.50B | +15.9% | ||
| 2022 | $15.96B | +71.3% | ||
| 2021 | $9.32B | -11.7% | ||
| 2020 | $10.55B | +79.1% | ||
| 2019 | $5.89B | +30.8% | ||
| 2018 | $4.51B | -36.0% | ||
| 2017 | $7.04B | +113.4% | ||
| 2016 | $3.30B | -50.9% | ||
| 2015 | $6.72B | +48.2% | ||
| 2014 | $4.53B | -13.1% | ||
| 2013 | $5.22B | +94.6% | ||
| 2012 | $2.68B | -7.8% | ||
| 2011 | $2.91B | -74.2% | ||
| 2010 | $11.26B | -2.2% | ||
| 2009 | $11.51B | +1.6% | ||
| 2008 | $11.33B | -45.6% | ||
| 2007 | $20.83B | +1098.2% | ||
| 2006 | $1.74B | — |
Market Cap 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
First Solar (FSLR) most recent annual market cap stands at $20.50B (2026) – declined 27.0% year-over-year.
Through 2021–2026 (5 years), First Solar market cap delivered a +17.1% annualised rate; with the latest reading among the more recent periods of the dataset.
First Solar market cap peaked at $28.09B in 2025; the latest annual figure is $20.50B in 2026 (27.0% below peak).
$28.09B stands as the all-time-high annual market cap, posted in 2025, against a low of $1.74B during 2006.
Among 8 Energy peers, First Solar (FSLR) ranks 9th; the peer median for market cap is $102.52B.
First Solar Market Cap by Year
First Solar Market Cap 2026: $20.50B
First Solar market cap in 2026 was $20.50B, declined 27.0% below 2025.
First Solar Market Cap 2025: $28.09B
First Solar market cap in 2025 was $28.09B, surged 48.2% from 2024. This figure represents the highest annual value in the available history.
First Solar Market Cap 2024: $18.95B
First Solar market cap in 2024 was $18.95B, edged up 2.4% from 2023.
First Solar Market Cap 2023: $18.50B
First Solar market cap in 2023 was $18.50B, grew 15.9% from 2022.
First Solar Market Cap 2022: $15.96B
First Solar market cap in 2022 was $15.96B.
See more financial history for First Solar (FSLR).
Sector peers — Market Cap
Companies in the same sector as First Solar, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $625.81B | Energy |
| Chevron Corporation (CVX) | $375.85B | Energy |
| ConocoPhillips (COP) | $151.53B | Energy |
| Enbridge Inc. (ENB) | $115.72B | Energy |
| The Williams Companies, Inc. (WMB) | $89.32B | Energy |
| SLB N.V. (SLB) | $83.54B | Energy |
| EOG Resources, Inc. (EOG) | $72.74B | Energy |
| Valero Energy Corporation (VLO) | $71.85B | Energy |
Frequently asked questions
What is First Solar's market cap?
- Latest reported market cap for First Solar (FSLR) is $28.13B (period ending December 31, 2025).
How has First Solar market cap changed year-over-year?
- First Solar (FSLR) market cap changed -27.0% year-over-year on the latest annual filing.
What is the long-term growth rate of First Solar market cap?
- First Solar (FSLR) market cap compound annual growth rate is +17.1% over the most recent 5 years available.
When did First Solar market cap hit its highest annual value?
- First Solar market cap reached its highest annual value of $28.09B in 2025.
What was First Solar market cap in 2025?
- First Solar (FSLR) market cap in 2025 was $28.09B.
What was First Solar market cap in 2026?
- First Solar (FSLR) market cap in 2026 was $20.50B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
FSLR Overview
Company profile, financial tools, and key metrics
FSLR Revenue Counter
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FSLR Earnings Counter
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FSLR How It Makes Money
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FSLR Stock Seasonality
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FSLR Daily Price Character
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FSLR Buybacks
0.06% TTM buyback yield. Shareholder yield & SBC comparison.