TTM
$1.80B
YoY change
+20.7%
5Y CAGR
+39.6%
Peak year (2025)
$1.68B
Cumulative operating income
$8.01B
Operating Income history chart for First Solar (FSLR) from 2001 to 2025
Latest: $1.68B
Operating Income growth chart for First Solar (FSLR) from 2001 to 2025
Latest: +20.7%
Operating Income history table for First Solar (FSLR) from 2001 to 2025
| 2025 | $1.68B | +20.7% | +$289.11M | ||
| 2024 | $1.39B | +62.7% | +$537.15M | ||
| 2023 | $857.27M | -3247.5% | +$884.50M | ||
| 2022 | −$27.24M | -104.6% | −$613.99M | ||
| 2021 | $586.75M | +84.8% | +$269.26M | ||
| 2020 | $317.49M | -296.2% | +$479.27M | ||
| 2019 | −$161.78M | -503.3% | −$201.90M | ||
| 2018 | $40.11M | -77.4% | −$137.74M | ||
| 2017 | $177.85M | -131.3% | +$746.00M | ||
| 2016 | −$568.15M | -177.8% | −$1.30B | ||
| 2015 | $730.16M | +73.0% | +$308.16M | ||
| 2014 | $422.00M | +13.9% | +$51.59M | ||
| 2013 | $370.41M | -1086.1% | +$407.97M | ||
| 2012 | −$37.56M | -45.3% | +$31.10M | ||
| 2011 | −$68.66M | -109.2% | −$817.57M | ||
| 2010 | $748.90M | +10.2% | +$69.29M | ||
| 2009 | $679.62M | +55.0% | +$241.28M | ||
| 2008 | $438.34M | +219.5% | +$301.16M | ||
| 2007 | $137.18M | +4781.9% | +$134.37M | ||
| 2006 | $2.81M | -158.7% | +$7.60M | ||
| 2005 | −$4.79M | -71.5% | +$11.99M | ||
| 2004 | −$16.78M | -622.8% | −$19.99M | ||
| 2003 | $3.21M | -114.5% | +$25.34M | ||
| 2002 | −$22.13M | -14.0% | +$3.59M | ||
| 2001 | −$25.73M | — | — |
- 2025$1.68B+20.7%
- 2024$1.39B+62.7%
- 2023$857.27M-3247.5%
- 2022−$27.24M-104.6%
- 2021$586.75M+84.8%
- 2020$317.49M-296.2%
- 2019−$161.78M-503.3%
- 2018$40.11M-77.4%
- 2017$177.85M-131.3%
- 2016−$568.15M-177.8%
- 2015$730.16M+73.0%
- 2014$422.00M+13.9%
- 2013$370.41M-1086.1%
- 2012−$37.56M-45.3%
- 2011−$68.66M-109.2%
- 2010$748.90M+10.2%
- 2009$679.62M+55.0%
- 2008$438.34M+219.5%
- 2007$137.18M+4781.9%
- 2006$2.81M-158.7%
- 2005−$4.79M-71.5%
- 2004−$16.78M-622.8%
- 2003$3.21M-114.5%
- 2002−$22.13M-14.0%
- 2001−$25.73M—
Operating Income 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 Operating Income at First Solar (FSLR)
According to First Solar's latest reported financial statements, the company's current operating income (TTM) is $1.80B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, First Solar (FSLR) reported operating income of $1.68B – grew 20.7% year-over-year.
Over 2020–2025 (5 years), First Solar operating income expanded at a +39.6% compound annual rate, sustaining 3 straight years of year-over-year growth.
2025 marks the peak operating income at $1.68B, with the historical low of −$568.15M recorded in 2016.
First Solar Operating Income by Year
First Solar Operating Income 2025: $1.68B
2025's operating income for First Solar came in at $1.68B, grew 20.7% from 2024. This figure represents the highest annual value in the available history.
First Solar Operating Income 2024: $1.39B
First Solar posted operating income of $1.39B in 2024, surged 62.7% from 2023.
First Solar Operating Income 2023: $857.27M
In 2023, First Solar reported operating income of $857.27M, plunged 3247.5% below 2022.
First Solar Operating Income 2022: −$27.24M
First Solar operating income in 2022 was −$27.24M, plunged 104.6% below 2021.
First Solar Operating Income 2021: $586.75M
First Solar operating income in 2021 was $586.75M.
See more financial history for First Solar (FSLR).
Sector peers by Operating Income
Energy peers of First Solar (FSLR), ranked by their latest operating income
| $33.94B | |
| $16.67B | |
| $11.49B | |
| $7.86B | |
| $5.77B | |
| $5.46B | |
| $4.40B | |
| $4.31B |
- $33.94B
- $16.67B
- $11.49B
- $7.86B
- $5.77B
- $5.46B
- $4.40B
- $4.31B
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