Growth Metrics

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

First Solar's Operating Expenses history spans 17 years, with the latest figure at $117.4 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 5.89% year-over-year to $117.4 million; the TTM value through Dec 2025 reached $523.5 million, up 12.68%, while the annual FY2025 figure was $523.5 million, 12.68% up from the prior year.
  • Operating Expenses reached $117.4 million in Q4 2025 per FSLR's latest filing, down from $144.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $144.6 million in Q3 2025 to a low of $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.
  • Peak YoY movement for Operating Expenses: fell 28.38% in 2021, then skyrocketed 83.62% in 2023.
  • A 5-year view of Operating Expenses shows it 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.
  • Per Business Quant, the three most recent readings for FSLR's Operating Expenses are $117.4 million (Q4 2025), $144.6 million (Q3 2025), and $138.2 million (Q2 2025).