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First Solar FSLR Q3 2025 earnings

Reported October 30, 2025 · After market close

Revenue$1.6BBeat by $19.1M
EPS$4.24In line
Revenue estimate$1.6B
EPS estimate$4.24

Next report

Oct 29, 2026 (In 1 week)
Revenue estimate$1.3B
EPS estimate$4.67

Financials

Q3 2025

Income statement

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Revenue$1.6B+79.7%
Gross profit$610.7M+37.2%
Operating income$466.1M+44.8%
Net income$455.9M+45.7%
EPS (diluted)$4.24+45.7%

Balance sheet

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Cash & equivalents$2.0B+96.0%
Total debt$700.6M+0.8%
Total equity$9.0B+18.7%
Total assets$13.5B+17.7%

Cash flow

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Operating cash flow$1.3B—
CapEx$204.0M-53.0%
Free cash flow$1.1B+319%

Valuation & ratios

Valuation

as of 09/30/25
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Market cap$23.65B-11.4%
Enterprise value$22.35B-15.3%
P/E16.9×-4.5×
P/S4.7×-2.3×

Profitability

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Gross margin40%-6.5pp
Operating margin29.8%-4.9pp
Net margin27.7%-4.7pp

Returns & leverage

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Return on equity16.9%-1.1pp
Debt / equity0.1×0.0×
Current ratio1.9×-0.2×

Segments

By geography

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All other foreign countries$5.7M-65.1%

FAQ

When did First Solar report Q3 2025 earnings?
First Solar (FSLR) reported Q3 2025 earnings on October 30, 2025 after market close.
What were First Solar's Q3 2025 revenue and EPS?
First Solar reported revenue of $1.6B and eps of $4.24 for Q3 2025.
Did First Solar beat estimates in Q3 2025?
Revenue beat the consensus estimate of $1.6B by $19.1M. EPS beat the consensus estimate of $4.24 by $0.00.
How did First Solar's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 79.7% from $887.7M a year earlier and eps grew 45.7% from $2.91.
Where can I find First Solar's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001274494-25-000081) and the 10-Q periodic report (0001274494-25-000082) directly on SEC EDGAR. The filing index links above go to sec.gov.