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First Solar FSLR Production start-up

Production start-up at other companies

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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$21.41B+11.4%
Enterprise value$19.76B+5.6%
P/E12.3×-3.0×
P/S-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

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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 fslr:ProductionStartUpExpense.

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 production start-up?
First Solar (FSLR) reported production start-up of $26.43M in Q2 2026.
How has First Solar's production start-up changed year-over-year?
First Solar's production start-up decreased by 15.2% year-over-year, from $31.17M to $26.43M.
What is the long-term trend for First Solar's production start-up?
Over 4 years (2021 to 2025), First Solar's production start-up has grown at a 42.3% compound annual growth rate (CAGR), from $21.05M to $86.3M.
What does production start-up mean?
Production start-up expenses are non-recurring costs associated with bringing new manufacturing facilities or production lines online. These costs include training, equipment calibration, and initial process optimization before full-scale production is achieved. They are distinct from ongoing operating costs and are typically temporary in nature.