What changed in First Solar, Inc.'s latest annual report
In the year ended 31 Dec 2025, First Solar, Inc.'s revenue rose 24.1% to USD 5.22bn, from USD 4.21bn; net income rose 18.3% to USD 1.53bn, from USD 1.29bn; cash and cash equivalents rose 72.9% to USD 2.80bn, from USD 1.62bn.
Year ended 31 Dec 2025. Source: 10-K filed 24 Feb 2026, read it on SEC EDGAR.
USD 4.21bn to USD 5.22bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 4.21bn | 5.22bn | Up 24.1% |
| Net income | 1.29bn | 1.53bn | Up 18.3% |
| Total assets | 12.12bn | 13.32bn | Up 9.9% |
| Total liabilities | 4.15bn | 3.78bn | Down 8.8% |
| Long-term debt | 373.35m | 282.59m | Down 24.3% |
| Cash and cash equivalents | 1.62bn | 2.80bn | Up 72.9% |
| Shareholders' equity | 7.98bn | 9.54bn | Up 19.6% |
Questions people ask
Did First Solar, Inc.'s revenue grow last year?
Revenue grew 24.1%, from USD 4.21bn to USD 5.22bn in the year ended 31 Dec 2025.
Is First Solar, Inc. profitable?
Yes. Net income was USD 1.53bn in the year ended 31 Dec 2025. The year before: USD 1.29bn.
How much cash and debt does First Solar, Inc. have?
At its latest year end (31 Dec 2025), First Solar, Inc. reported cash and cash equivalents of USD 2.80bn and long-term debt of USD 282.59m.
Where do these numbers come from?
From First Solar, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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