Growth Metrics

First Solar (FSLR) Operating Expenses (2016 - 2025)

First Solar (FSLR) has disclosed Operating Expenses for 17 consecutive years, with $117.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 5.89% year-over-year to $117.4 million, compared with a TTM value of $523.5 million through Dec 2025, up 12.68%, and an annual FY2025 reading of $523.5 million, up 12.68% over the prior year.
  • Operating Expenses was $117.4 million for Q4 2025 at First Solar, down from $144.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $144.6 million in Q3 2025 and bottomed at $62.0 million in Q2 2021.
  • Average Operating Expenses over 5 years is $104.0 million, with a median of $105.4 million recorded in 2022.
  • The sharpest move saw Operating Expenses fell 28.38% in 2021, then skyrocketed 83.62% in 2023.
  • Year by year, Operating Expenses stood at $73.3 million in 2021, then skyrocketed by 45.59% to $106.8 million in 2022, then increased by 3.79% to $110.8 million in 2023, then grew by 0.08% to $110.9 million in 2024, then rose by 5.89% to $117.4 million in 2025.
  • Business Quant data shows Operating Expenses for FSLR at $117.4 million in Q4 2025, $144.6 million in Q3 2025, and $138.2 million in Q2 2025.