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First Solar FSLR Net Income

Net Income at other companies

SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$30.75M+75.3%
Enphase Energy logo
Enphase EnergyENPH
$36.08M-2.6%
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
$20.49M+71.4%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$12.14M-12.4%
Sunrun logo
SunrunRUN
$115.15M-58.8%
FTC Solar logo
FTC SolarFTCI
-$27.12M-75.8%

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%
EPS (diluted)$3.92+23.3%

Balance sheet

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Cash & equivalents$1.7B+43.1%
Total debt$194.0M-71.2%
Total equity$10.3B+20.8%
Total assets$13.4B+4.1%

Cash flow

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Operating cash flow-$144.9M-197%
CapEx$161.3M-44.0%
Free cash flow-$306.2M-121%

Valuation

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Market cap$19.22B-24.6%
Enterprise value$17.72B-26.8%
P/E11×-7.2×
P/S3.6×-1.5×

Profitability

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Gross margin44%+1.3pp
Operating margin33.6%+2.3pp
Net margin32.5%+3.5pp
FCF margin27.9%—

Returns & leverage

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Return on equity18.5%+2.6pp
Debt / equity0×-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:NetIncomeLoss.

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

Filed
Jul 30, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001274494-26-000170

FAQ

What is First Solar's net income?
First Solar (FSLR) reported net income of $422.57M in Q2 2026.
How has First Solar's net income changed year-over-year?
First Solar's net income increased by 23.6% year-over-year, from $341.87M to $422.57M.
What is the long-term trend for First Solar's net income?
Over 4 years (2021 to 2025), First Solar's net income has grown at a 34.4% compound annual growth rate (CAGR), from $468.69M to $1.53B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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