First Solar (FSLR) Revenue (2009 - 2026)
First Solar (FSLR) posted Revenue of $1.06 billion for Q2 2026, down 3.7% from $1.1 billion a year earlier but up 1.1% from the prior quarter.
First Solar (FSLR) Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Revenue at First Solar was $5.38 billion, up 23.8% year-over-year; for FY2025, it was $5.22 billion, up 24.1% from FY2024.
- Annual Revenue has increased for three consecutive years, with a five-year compound annual growth rate of 14.0% (FY2020 to FY2025).
- In prior years, First Solar's Revenue was $4.21 billion in FY2024 (+26.7%), $3.32 billion in FY2023 (+26.7%), $2.62 billion in FY2022 (-10.4%) and $2.92 billion in FY2021 (+7.8%).
- Quarterly Revenue has run from a low of $367.04 million in Q1 2022 to a high of $1.68 billion in Q4 2025 over five years.
- On a year-over-year basis, Revenue increased in seven of the last eight quarters, with growth averaging 20.9%.
- The strongest year-over-year quarter for Revenue in the past five years was Q3 2025, with growth of 79.7%; the weakest was Q1 2022, with a decline of 54.3%.
- According to Business Quant data, Revenue for the three prior quarters was $1.04 billion (Q1 2026), $1.68 billion (Q4 2025) and $1.59 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 11.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.07 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 1.06 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 901.63 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 1.17 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 935.17 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 935.64 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 291.85 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 266.80 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | 75,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Bn |
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 844.57 Mn |
| Dec 31, 2024 | 1.51 Bn |
| Sep 30, 2024 | 887.67 Mn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 794.11 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 801.09 Mn |
| Jun 30, 2023 | 810.67 Mn |
| Mar 31, 2023 | 548.29 Mn |
| Dec 31, 2022 | 1.00 Bn |
| Sep 30, 2022 | 628.93 Mn |
| Jun 30, 2022 | 620.96 Mn |
| Mar 31, 2022 | 367.04 Mn |
| Dec 31, 2021 | 907.32 Mn |
| Sep 30, 2021 | 583.50 Mn |
First Solar Revenue 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=revenue&ticker=FSLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();