Net Income for First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's current net income (TTM) is $1.53B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FSLR
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.53B
YoY change
+18.3%
5Y CAGR
+30.9%
Peak year (2025)
$1.53B
Cumulative net income
$6.84B
Net Income history chart for First Solar (FSLR) from 2001 to 2025
Net Income history table for First Solar (FSLR) from 2001 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.53B | +18.3% | ||
| 2024 | $1.29B | +55.5% | ||
| 2023 | $830.78M | -1981.0% | ||
| 2022 | -$44.17M | -109.4% | ||
| 2021 | $468.69M | +17.7% | ||
| 2020 | $398.36M | -446.6% | ||
| 2019 | -$114.93M | -179.6% | ||
| 2018 | $144.33M | -187.1% | ||
| 2017 | -$165.62M | -60.2% | ||
| 2016 | -$416.11M | -170.1% | ||
| 2015 | $593.41M | +49.9% | ||
| 2014 | $395.96M | +12.9% | ||
| 2013 | $350.72M | -464.0% | ||
| 2012 | -$96.34M | +143.9% | ||
| 2011 | -$39.49M | -105.9% | ||
| 2010 | $664.20M | +3.8% | ||
| 2009 | $640.14M | +83.8% | ||
| 2008 | $348.33M | +120.0% | ||
| 2007 | $158.35M | +3884.8% | ||
| 2006 | $3.97M | -161.5% | ||
| 2005 | -$6.46M | -61.5% | ||
| 2004 | -$16.77M | -40.2% | ||
| 2003 | -$28.04M | +6.9% | ||
| 2002 | -$26.22M | -3.4% | ||
| 2001 | -$27.13M | — |
Net Income 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) net income totalled $1.53B – grew 18.3% year-over-year.
Over 2020–2025 (5 years), First Solar net income expanded at a +30.9% compound annual rate, sustaining 3 straight years of year-over-year growth.
The highest annual net income of $1.53B was reported in 2025. The lowest in the available history was -$416.11M in 2016.
Within Energy, First Solar (FSLR) ranks 9th among 8 peers we track. The peer median for net income is $6.24B.
First Solar Net Income by Year
First Solar Net Income 2025: $1.53B
First Solar net income in 2025 was $1.53B, grew 18.3% from 2024. This figure represents the highest annual value in the available history.
First Solar Net Income 2024: $1.29B
First Solar net income in 2024 was $1.29B, surged 55.5% from 2023.
First Solar Net Income 2023: $830.78M
First Solar net income in 2023 was $830.78M, plunged 1981.0% below 2022.
First Solar Net Income 2022: -$44.17M
First Solar net income in 2022 was -$44.17M, plunged 109.4% below 2021.
First Solar Net Income 2021: $468.69M
First Solar net income in 2021 was $468.69M.
See more financial history for First Solar (FSLR).
Sector peers — Net Income
Companies in the same sector as First Solar, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.84B | Energy |
| Chevron Corporation (CVX) | $12.30B | Energy |
| ConocoPhillips (COP) | $7.99B | Energy |
| Enbridge Inc. (ENB) | $7.49B | Energy |
| EOG Resources, Inc. (EOG) | $4.98B | Energy |
| SLB N.V. (SLB) | $3.35B | Energy |
| The Williams Companies, Inc. (WMB) | $2.62B | Energy |
| Valero Energy Corporation (VLO) | $2.35B | Energy |
Frequently asked questions
What is First Solar's net income?
- Latest reported net income for First Solar (FSLR) is $1.53B (period ending December 31, 2025).
How has First Solar net income changed year-over-year?
- First Solar (FSLR) net income changed +18.3% year-over-year on the latest annual filing.
What is the long-term growth rate of First Solar net income?
- First Solar (FSLR) net income compound annual growth rate is +30.9% over the most recent 5 years available.
When did First Solar net income hit its highest annual value?
- First Solar net income reached its highest annual value of $1.53B in 2025.
What was First Solar net income in 2024?
- First Solar (FSLR) net income in 2024 was $1.29B.
What was First Solar net income in 2025?
- First Solar (FSLR) net income in 2025 was $1.53B.
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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