Growth Metrics

First Solar (FSLR) Cost of Revenue (2016 - 2025)

First Solar's Cost of Revenue history spans 17 years, with the latest figure at $1.0 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 7.51% year-over-year to $1.0 billion; the TTM value through Dec 2025 reached $3.1 billion, up 31.96%, while the annual FY2025 figure was $3.1 billion, 31.96% up from the prior year.
  • Cost of Revenue reached $1.0 billion in Q4 2025 per FSLR's latest filing, up from $984.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.0 billion in Q4 2025 to a low of $355.6 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $610.4 million, with a median of $554.5 million recorded in 2024.
  • Peak YoY movement for Cost of Revenue: tumbled 42.52% in 2022, then surged 122.47% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $660.8 million in 2021, then skyrocketed by 42.51% to $941.8 million in 2022, then crashed by 30.29% to $656.5 million in 2023, then surged by 44.15% to $946.4 million in 2024, then increased by 7.51% to $1.0 billion in 2025.
  • Per Business Quant, the three most recent readings for FSLR's Cost of Revenue are $1.0 billion (Q4 2025), $984.1 million (Q3 2025), and $597.3 million (Q2 2025).