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?

Net income as the starting point for the indirect method operating cash flow reconciliation.

First Solar FSLR Net Income

Net Income at other companies

SolarEdge TechnologiesSEDG

-$57.37M+41.8%

Enphase EnergyENPH

$36.08M-2.6%

Shoals Technologies Group, Inc.SHLS

-$297K-5.3%

Solaris Energy InfrastructureSEI

$32.06M+147%

SunrunRUN

-$297.33M-7.3%

FTC SolarFTCI

$32.6M+954%

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

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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$21.77B+11.4%

Enterprise value$20.12B+5.6%

P/E12.5×-3.1×

P/S4.1×-0.4×

Profitability

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Gross margin44%+1.3pp

Operating margin33.6%+2.3pp

Net margin32.5%+3.5pp

FCF margin33.3%—

Returns & leverage

See full

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 official record: First Solar’s 8-K, filed July 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?: Net income as the starting point for the indirect method operating cash flow reconciliation.