Skip to content
Screener

First Solar FSLR Gross margin

Gross margin at other companies

SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
23.3%+13.1pp
Enphase Energy logo
Enphase EnergyENPH
46.9%-1.3pp
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
33.5%-0.9pp
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
39.4%+2.4pp
FTC Solar logo
FTC SolarFTCI
-12%-1.5pp
NeoVolta logo
NeoVoltaNEOV
21.3%-1.0pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Operating margin33.6%+2.3pp
Net margin32.5%+3.5pp
FCF margin33.3%

Returns & leverage

See full
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.

Based on trailing twelve months.

The source filing: First Solar’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:04 PM EDT
Accession
0001274494-26-000169

FAQ

What is First Solar's gross margin?
First Solar (FSLR) reported gross margin of 44% in Q2 2026.
How has First Solar's gross margin changed year-over-year?
First Solar's gross margin increased by 2.9% year-over-year, from 42.8% to 44%.
What is the long-term trend for First Solar's gross margin?
Over 5 years (2020 to 2025), First Solar's gross margin has grown at a 10.1% compound annual growth rate (CAGR), from 25.1% to 40.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Ask your AI about First Solar's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude