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

First Solar (FSLR) has disclosed Cost of Revenue for 17 consecutive years, with $1.0 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 7.51% year-over-year to $1.0 billion, compared with a TTM value of $3.1 billion through Dec 2025, up 31.96%, and an annual FY2025 reading of $3.1 billion, up 31.96% over the prior year.
  • Cost of Revenue was $1.0 billion for Q4 2025 at First Solar, up from $984.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.0 billion in Q4 2025 and bottomed at $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.
  • The sharpest move saw Cost of Revenue tumbled 42.52% in 2022, then surged 122.47% in 2025.
  • Year by year, Cost of Revenue 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.
  • Business Quant data shows Cost of Revenue for FSLR at $1.0 billion in Q4 2025, $984.1 million in Q3 2025, and $597.3 million in Q2 2025.