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

First Solar has reported Net Margin for 18 years, with the latest figure at 33.19% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 838.0% year-over-year to 33.19%; the trailing twelve-month figure through Mar 2026 stood at 30.73% (up 101.0% YoY), and the FY2025 full-year result was 29.28%, down 144.0% from the prior year.
• Net Margin for Q1 2026 stood at 33.19%, up from 30.95% in the prior quarter.
• The five-year high for Net Margin was 35.26% in Q3 2024, with the low at 11.78% in Q1 2022.
• Historically, Net Margin has averaged 20.9% across 5 years, with a median of 28.59% in 2025.
• Annual changes were most pronounced in 2022 — Net Margin sank 3788 bps — and 2023, when it surged 4132 bps.
• First Solar's Net Margin stood at 0.75% in 2022, then jumped by 4103 bps to 30.14% in 2023, then fell by 14 bps to 25.96% in 2024, then rose by 19 bps to 30.95% in 2025, then increased by 7 bps to 33.19% in 2026.
• The last three Net Margin figures came in at 33.19% (Q1 2026), 30.95% (Q4 2025), and 28.59% (Q3 2025), per Business Quant data.