Last updated: Sep 23, 2026, 12:00 AM

First Solar Inc Exchange (NASDAQ, USD)

FSLR

200.78
+0.94 (+0.47%)
TechnologySolar
Invest Today
Invest Today
1 year return (CAGR)
-5.51%
3 year return (CAGR)
4.88%
5 year return (CAGR)
13.81%
10 year return (CAGR)
18.29%
Stock Analysis

Objective Corporation Stock Analysis – State Within State

Read More
Marketcap
21.58B
Price/Sales
4.01
Ent value
22.96B
Price/Book
2.09
Div yield
0.00%
Growth years
-
Div growth
-
FCF payout
0.00%
Trailing P/E
12.36
PEG
0.45
Forward P/E
8.70
EPS growth
30.65%

Business insight

iO Charts Blog

Meaning and Methodology of Fundamental Analysis (2025)

Read More

Shipments (GW)

Loading...

Manufacturing Capacity (GW)

Loading...

Average Module conversion efficiency (%)

Loading...
Technology comments

First Solar is the only major PV manufacturer that develops and produces CdTe (Cadmium Telluride) solar cells

CdTe is a type of thin film solar cell that has managed to remain cost competitive with silicon-based cells. The technology is advertised to handle high temperatures and humid environments better than other silicon-based modules

The company stopped reporting this metric after 2018, they only report their current module-level verified record efficiency (the best they have been able to manufacture with their technology), which was 19% as of end of year 2020

Segment Revenues ($M)

Loading...
Segment comments

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015, hence the steep dropoff in 2015 in the manufacturing business line (Components/Modules)

Ready to capitalize on First Solar Inc's growth potential?

Take the next step in your portfolio.

Invest Today

Geographic Revenues ($M)

Loading...

Segment Gross Profit ($M)

Loading...
Segment comments

The Components segment is reported as Modules from 2015

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015

Segment Margins (%)

Loading...