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First Solar (FSLR) Research & Development (2016 - 2025)

First Solar (FSLR) has disclosed Research & Development for 17 consecutive years, with $66.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 41.84% year-over-year to $66.0 million, compared with a TTM value of $233.4 million through Dec 2025, up 21.97%, and an annual FY2025 reading of $233.4 million, up 21.97% over the prior year.
  • Research & Development was $66.0 million for Q4 2025 at First Solar, up from $60.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $66.0 million in Q4 2025 and bottomed at $19.9 million in Q1 2021.
  • Average Research & Development over 5 years is $39.5 million, with a median of $39.0 million recorded in 2023.
  • The sharpest move saw Research & Development decreased 22.41% in 2021, then surged 45.65% in 2023.
  • Year by year, Research & Development stood at $29.9 million in 2021, then grew by 4.7% to $31.3 million in 2022, then skyrocketed by 40.21% to $43.9 million in 2023, then increased by 6.01% to $46.5 million in 2024, then skyrocketed by 41.84% to $66.0 million in 2025.
  • Business Quant data shows Research & Development for FSLR at $66.0 million in Q4 2025, $60.6 million in Q3 2025, and $54.5 million in Q2 2025.