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First Solar

First Solar (NASDAQ: FSLR) net income

First Solar reported a net profit of $1,528m for fiscal 2025, 18.3% more than in fiscal 2024 ($1,292m). Its net margin was 29.3%. Earnings per share were $14.25.

Net income, in millions of US dollars-416.12016-165.62017144.32018-114.92019398.42020468.72021-44.22022830.820231,29220241,5282025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$1,528m+18.3%29.3%$14.25
2024$1,292m+55.5%30.7%$12.07
2023$830.8m—25.0%$7.78
2022−$44.2m−109.4%−1.7%−$0.41
2021$468.7m+17.7%16.0%$4.41
2020$398.4m—14.7%$3.76
2019−$114.9m−179.6%−3.8%−$1.09
2018$144.3m—6.4%$1.38
2017−$165.6m—−5.6%−$1.59
2016−$416.1m—−14.3%−$4.05

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of First Solar

How much did First Solar earn in fiscal 2025?
First Solar reported a net profit of $1,528m for fiscal 2025. In fiscal 2024 it reported a net profit of $1,292m.
What are the earnings per share of First Solar?
They were $14.25 in fiscal 2025, compared with $12.07 in fiscal 2024.
What is the net margin of First Solar?
In fiscal 2025 its net profit was 29.3% of its revenue.
What was the most profitable year for First Solar?
Of its last 10 fiscal years, fiscal 2025, with $1,528m.
Where do the figures for First Solar come from?
From the annual report (Form 10-K) that First Solar files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that First Solar files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on First Solar: the First Solar page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.