TTM
30.7%
YoY change
−1.44pp
Trough year (2003)
-873.6%
Peak year (2007)
31.4%
Latest annual
29.3%
Net Profit Margin history chart for First Solar (FSLR) from 2003 to 2025
Latest: 29.3%
Net Profit Margin change chart for First Solar (FSLR) from 2003 to 2025
Latest: −1.44pp
Net Profit Margin history table for First Solar (FSLR) from 2003 to 2025
| 2025 | 29.3% | -1.44pp | ||
| 2024 | 30.7% | +5.68pp | ||
| 2023 | 25.0% | +26.72pp | ||
| 2022 | -1.7% | -17.72pp | ||
| 2021 | 16.0% | +1.34pp | ||
| 2020 | 14.7% | +18.44pp | ||
| 2019 | -3.8% | -10.18pp | ||
| 2018 | 6.4% | +12.06pp | ||
| 2017 | -5.6% | +8.70pp | ||
| 2016 | -14.3% | -28.75pp | ||
| 2015 | 14.4% | +2.75pp | ||
| 2014 | 11.7% | +1.08pp | ||
| 2013 | 10.6% | +13.46pp | ||
| 2012 | -2.9% | -1.43pp | ||
| 2011 | -1.4% | -27.34pp | ||
| 2010 | 25.9% | -5.07pp | ||
| 2009 | 31.0% | +3.03pp | ||
| 2008 | 27.9% | -3.47pp | ||
| 2007 | 31.4% | +28.48pp | ||
| 2006 | 2.9% | +16.39pp | ||
| 2005 | -13.4% | +110.58pp | ||
| 2004 | -124.0% | +749.59pp | ||
| 2003 | -873.6% | — |
- 202529.3%-1.44pp
- 202430.7%+5.68pp
- 202325.0%+26.72pp
- 2022-1.7%-17.72pp
- 202116.0%+1.34pp
- 202014.7%+18.44pp
- 2019-3.8%-10.18pp
- 20186.4%+12.06pp
- 2017-5.6%+8.70pp
- 2016-14.3%-28.75pp
- 201514.4%+2.75pp
- 201411.7%+1.08pp
- 201310.6%+13.46pp
- 2012-2.9%-1.43pp
- 2011-1.4%-27.34pp
- 201025.9%-5.07pp
- 200931.0%+3.03pp
- 200827.9%-3.47pp
- 200731.4%+28.48pp
- 20062.9%+16.39pp
- 2005-13.4%+110.58pp
- 2004-124.0%+749.59pp
- 2003-873.6%—
Net Profit Margin values are taken from First Solar's reported income 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 Net Profit Margin at First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's latest reported net margin is 30.7%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, First Solar (FSLR) reported net margin of 29.28% – contracted 1.4 percentage points year-over-year.
Across the available history, net margin reached its high of 31.42% in 2007 and its low of -873.61% in 2003.
First Solar Net Profit Margin by Year
First Solar Net Profit Margin 2025: 29.3%
First Solar net margin in 2025 was 29.28%, contracted 1.4 percentage points from 2024.
First Solar Net Profit Margin 2024: 30.7%
2024's net margin for First Solar came in at 30.72%, expanded 5.7 percentage points from 2023.
First Solar Net Profit Margin 2023: 25.0%
First Solar posted net margin of 25.03% in 2023, expanded 26.7 percentage points from 2022.
First Solar Net Profit Margin 2022: -1.7%
In 2022, First Solar reported net margin of -1.69%, contracted 17.7 percentage points from 2021.
First Solar Net Profit Margin 2021: 16.0%
First Solar net margin in 2021 was 16.03%.
See more financial history for First Solar (FSLR).
Sector peers by Net Profit Margin
Energy peers of First Solar (FSLR), ranked by their latest net margin
Frequently asked questions
First Solar (FSLR) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation