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

First Solar's Net Margin history runs 18 years deep, the most recent figure standing at 33.19% for Q1 2026.

• Quarterly Net Margin rose 838.0% year-over-year to 33.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.73% (up 101.0% YoY) and the FY2025 annual result came in at 29.28%, down 144.0% from the prior year.
• Net Margin was 33.19% for Q1 2026 at First Solar, up from 30.95% in the prior quarter.
• Across five years, Net Margin topped out at 35.26% in Q3 2024 and bottomed at 11.78% in Q1 2022.
• A 5-year average of 20.9% and a median of 28.59% in 2025 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2022 — Net Margin plunged 3788 bps — and 2023, when it surged 4132 bps.
• First Solar's Net Margin stood at 0.75% in 2022, then soared by 4103 bps to 30.14% in 2023, then decreased by 14 bps to 25.96% in 2024, then advanced by 19 bps to 30.95% in 2025, then gained by 7 bps to 33.19% in 2026.
• Business Quant data shows FSLR's Net Margin at 33.19% in Q1 2026, 30.95% in Q4 2025, and 28.59% in Q3 2025.