First Solar (FSLR) Research & Development (2009 - 2026)

First Solar's Research & Development history runs 18 years deep, the most recent figure standing at $66.9 million for Q1 2026.

• Quarterly Research & Development rose 27.78% year-over-year to $66.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $248.0 million (up 23.36% YoY) and the FY2025 annual result came in at $233.4 million, up 21.97% from the prior year.
• Research & Development was $66.9 million for Q1 2026 at First Solar, up from $66.0 million in the prior quarter.
• Across five years, Research & Development topped out at $66.9 million in Q1 2026 and bottomed at $25.2 million in Q2 2022.
• A 5-year average of $44.5 million and a median of $43.9 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development advanced 4.7% — and 2023, when it jumped 45.65%.
• First Solar's Research & Development stood at $31.3 million in 2022, then jumped by 40.21% to $43.9 million in 2023, then increased by 6.01% to $46.5 million in 2024, then jumped by 41.84% to $66.0 million in 2025, then gained by 1.5% to $66.9 million in 2026.
• Business Quant data shows FSLR's Research & Development at $66.9 million in Q1 2026, $66.0 million in Q4 2025, and $60.6 million in Q3 2025.