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First Solar FSLR Geographic — Long-Lived Assets

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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

Reported directly by First Solar in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The source filing: First Solar’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:12 PM EST
Fiscal year
FY2025
Accession
0001274494-26-000021
Line item20252024
United States$4,392,571$3,911,923
Malaysia574,255646,111
Vietnam434,749500,568
India433,661471,736
All other foreign countries62,33752,345
Long-lived assets$5,897,573$5,582,683

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is First Solar's geographic — long-lived assets?
First Solar (FSLR) reported geographic — long-lived assets of $62.34M in Q4 2025.
How has First Solar's geographic — long-lived assets changed year-over-year?
First Solar's geographic — long-lived assets increased by 19.1% year-over-year, from $52.35M to $62.34M.
What does geographic — long-lived assets mean?
This metric measures the book value of non-current, tangible assets, such as manufacturing equipment and facilities, located in geographic regions outside of the company's primary production hubs. It provides insight into the company's physical footprint and capital investment strategy in secondary international locations. Changes in this figure indicate shifts in the company's global manufacturing capacity or asset allocation strategy.

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