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First Solar
First Solar
2016–2025 · Semiconductor
2026-08-11
Overview
Earnings
Margins
Cash flow
Balance
Capital
Plot
USD millions
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Revenue
2 951
2 941
2 244
3 063
2 711
2 923
2 619
3 319
4 206
5 219
Operating profit (EBIT)
−568
178
40
−162
317
587
−27
857
1 394
1 597
Net income attributable to shareholders
−358
−166
144
−115
398
469
−44
831
1 292
1 528
EBIT margin
−19,3%
6,1%
1,8%
−5,3%
11,7%
20,1%
−1,0%
25,8%
33,2%
30,6%
Gross margin
—
—
17,5%
17,9%
25,1%
25,0%
2,7%
39,2%
44,2%
40,6%
Operating cash flow
207
1 341
−327
174
37
238
873
602
1 218
2 057
Free cash flow
−23
826
−1 067
−495
−380
−303
−30
−785
−308
1 187
Cash
1 347
2 269
1 404
1 353
1 227
1 451
1 481
1 947
1 621
2 804
Interest-bearing debt
188
394
467
472
279
240
184
—
641
536
−2 000
0
2 000
4 000
6 000
−40,0%
−20,0%
0,0%
20,0%
40,0%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2 951
2 941
2 244
3 063
2 711
2 923
2 619
3 319
4 206
5 219
−568
178
40
−162
317
587
−27
857
1 394
1 597