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First Solar (FSLR) Invested Capital (2016 - 2025)

First Solar (FSLR) has disclosed Invested Capital for 17 consecutive years, with $9.8 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital rose 18.75% year-over-year to $9.8 billion, compared with a TTM value of $9.8 billion through Dec 2025, up 18.75%, and an annual FY2025 reading of $9.8 billion, up 18.75% over the prior year.
  • Invested Capital was $9.8 billion for Q4 2025 at First Solar, up from $9.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $9.8 billion in Q4 2025 and bottomed at $5.7 billion in Q1 2021.
  • Average Invested Capital over 5 years is $7.0 billion, with a median of $6.6 billion recorded in 2023.
  • The sharpest move saw Invested Capital fell 3.37% in 2022, then increased 23.46% in 2025.
  • Year by year, Invested Capital stood at $6.2 billion in 2021, then fell by 3.37% to $6.0 billion in 2022, then increased by 19.07% to $7.1 billion in 2023, then grew by 15.03% to $8.2 billion in 2024, then grew by 18.75% to $9.8 billion in 2025.
  • Business Quant data shows Invested Capital for FSLR at $9.8 billion in Q4 2025, $9.4 billion in Q3 2025, and $8.8 billion in Q2 2025.