First Solar, Inc. (FSLR) Research & Development (2009 - 2026)
First Solar (FSLR) posted Research & Development of $76.24 million for Q2 2026, up 39.9% from $54.49 million a year earlier and up 13.9% from the prior quarter.
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Analysis
First Solar, Inc. (FSLR) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at First Solar was $269.73 million, up 32.5% year-over-year; for FY2025, it came in at $233.42 million, up 22.0% from FY2024.
- Annual Research & Development has increased for five consecutive years, with a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- In prior years, First Solar's Research & Development was $191.38 million in FY2024 (+25.7%), $152.31 million in FY2023 (+35.0%), $112.8 million in FY2022 (+13.8%) and $99.12 million in FY2021 (+5.7%).
- The Q2 2026 figure stands as the highest quarterly Research & Development in data going back to Q1 2009.
- On a year-over-year basis, Research & Development has increased in each of the last 21 quarters, with growth averaging 23.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Research & Development ranged from 4.7% (Q4 2022) to 45.6% (Q2 2023).
- According to Business Quant data, Research & Development for the three prior quarters was $66.94 million (Q1 2026), $65.95 million (Q4 2025) and $60.59 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.24 Mn |
| Mar 31, 2026 | 66.94 Mn |
| Dec 31, 2025 | 65.95 Mn |
| Sep 30, 2025 | 60.59 Mn |
| Jun 30, 2025 | 54.49 Mn |
| Mar 31, 2025 | 52.39 Mn |
| Dec 31, 2024 | 46.50 Mn |
| Sep 30, 2024 | 50.20 Mn |
| Jun 30, 2024 | 51.94 Mn |
| Mar 31, 2024 | 42.74 Mn |
| Dec 31, 2023 | 43.86 Mn |
| Sep 30, 2023 | 41.19 Mn |
| Jun 30, 2023 | 36.75 Mn |
| Mar 31, 2023 | 30.51 Mn |
| Dec 31, 2022 | 31.28 Mn |
| Sep 30, 2022 | 29.18 Mn |
| Jun 30, 2022 | 25.23 Mn |
| Mar 31, 2022 | 27.11 Mn |
| Dec 31, 2021 | 29.88 Mn |
| Sep 30, 2021 | 25.43 Mn |
API Access
First Solar, Inc. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();