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First Solar FSLR Increase (Decrease) in Government Grants Receivable

Increase (Decrease) in Government Grants Receivable 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$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 fslr:IncreaseDecreaseInGovernmentGrantsReceivable.

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

Filed
Apr 30, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001274494-26-000109

FAQ

What is First Solar's increase (decrease) in government grants receivable?
First Solar (FSLR) reported increase (decrease) in government grants receivable of $204.93M in Q1 2026.
How has First Solar's increase (decrease) in government grants receivable changed year-over-year?
First Solar's increase (decrease) in government grants receivable increased by 106.7% year-over-year, from $99.12M to $204.93M.
What does increase (decrease) in government grants receivable mean?
This reflects the change in amounts due from government entities related to subsidies, tax credits, or development grants. It tracks the timing of cash inflows from public sector support programs. It is particularly relevant for companies in capital-intensive or subsidized industries like renewable energy.

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