First Solar (FSLR) Gross Margin (2009 - 2026)

First Solar has reported Gross Margin for 18 years, with the latest figure at 46.55% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 577.0% year-over-year to 46.55%; the trailing twelve-month figure through Mar 2026 stood at 41.74% (down 186.0% YoY), and the FY2025 full-year result was 40.62%, down 354.0% from the prior year.
• Gross Margin for Q1 2026 stood at 46.55%, up from 39.54% in the prior quarter.
• The five-year high for Gross Margin was 50.17% in Q3 2024, with the low at 3.74% in Q2 2022.
• Historically, Gross Margin has averaged 32.3% across 5 years, with a median of 39.54% in 2025.
• Annual changes were most pronounced in 2022 — Gross Margin tumbled 3141 bps — and 2023, when it soared 4362 bps.
• First Solar's Gross Margin stood at 6.05% in 2022, then surged by 617 bps to 43.33% in 2023, then slipped by 13 bps to 37.49% in 2024, then gained by 5 bps to 39.54% in 2025, then gained by 18 bps to 46.55% in 2026.
• The last three Gross Margin figures came in at 46.55% (Q1 2026), 39.54% (Q4 2025), and 38.29% (Q3 2025), per Business Quant data.