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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Solar (FSLR) Net Margin (2016 - 2025)

First Solar (FSLR) has disclosed Net Margin for 17 consecutive years, with 30.95% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 499.0% year-over-year to 30.95%, compared with a TTM value of 29.28% through Dec 2025, down 144.0%, and an annual FY2025 reading of 29.28%, down 144.0% over the prior year.
  • Net Margin was 30.95% for Q4 2025 at First Solar, up from 28.59% 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.
  • Average Net Margin over 5 years is 19.18%, with a median of 25.39% recorded in 2024.
  • The sharpest move saw Net Margin tumbled -3788bps in 2022, then soared 4132bps in 2023.
  • Year by year, Net Margin stood at 14.48% in 2021, then crashed by -105bps to 0.75% in 2022, then soared by 4103bps to 30.14% in 2023, then decreased by -14bps to 25.96% in 2024, then increased by 19bps to 30.95% in 2025.
  • Business Quant data shows Net Margin for FSLR at 30.95% in Q4 2025, 28.59% in Q3 2025, and 31.16% in Q2 2025.