The table below shows FIRST SOLAR, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$5.22B
$4.21B
$3.32B
$2.62B
$2.92B
$2.71B
Cost of revenue
$3.10B
$2.35B
$2.02B
$2.55B
$2.19B
$2.03B
Gross profit
$2.12B
$1.86B
$1.30B
$69.86M
$729.95M
$680.67M
R&D
$233.42M
$191.38M
$152.31M
$112.80M
$99.11M
$93.74M
FSLR annual revenue (10-K history)
FIRST SOLAR, INC. reported annual revenue of $5.22B for fiscal year 2025. That is up 24.1% from $4.21B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $2.90B (FY 2016) to $5.22B. Figures come from the company's audited annual reports as filed with the SEC.
