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EBITDA at other companies

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SolarEdge TechnologiesSEDG
-$10.3M+90.7%
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Enphase EnergyENPH
$71.72M+25.6%
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Shoals Technologies Group, Inc.SHLS
$11.82M+55.5%
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Solaris Energy InfrastructureSEI
$96.03M+78.0%
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SunrunRUN
$227.58M+194%
FTC Solar logo
FTC SolarFTCI
-$13.3M-18.8%

Other financials

Income statement

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Revenue$1.1B-3.7%
Gross profit$605.0M+21.0%
Operating income$450.4M+24.6%
Net income$422.6M+23.6%
EPS (diluted)$3.92+23.3%

Balance sheet

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Cash & equivalents$1.7B+43.1%
Total debt$37.6M-94.4%
Total equity$10.3B+20.8%
Total assets$13.4B+4.1%

Cash flow

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Operating cash flow$144.9M-3.1%
CapEx$161.3M-44.0%
Free cash flow-$16.4M+88.2%

Valuation

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Market cap$25.45B+28.3%
Enterprise value$23.8B+23.1%
P/E14.6×-1.2×
P/S4.7×+0.2×

Profitability

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Gross margin44%+1.3pp
Operating margin33.6%+2.3pp
Net margin32.5%+3.5pp
FCF margin33.3%

Returns & leverage

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Return on equity18.5%+2.6pp
Debt / equity-0.1×
Current ratio2.5×+0.6×

Where this comes from

Calculated from First Solar’s reported figures.

$345.3Mebit+
$147.4MDepreciation Depletion & Amortization
=$492.7M

The source filing: First Solar’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001274494-26-000109

FAQ

What is First Solar's EBITDA?
First Solar (FSLR) reported EBITDA of $492.7M in Q1 2026.
How has First Solar's EBITDA changed year-over-year?
First Solar's EBITDA increased by 42.4% year-over-year, from $346.09M to $492.7M.
What is the long-term trend for First Solar's EBITDA?
Over 4 years (2021 to 2025), First Solar's EBITDA has grown at a 25.9% compound annual growth rate (CAGR), from $846.65M to $2.13B.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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