First Solar Cash Flow Statement
FSLR / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
First Solar generated $2.1B in operating cash flow and $1.2B in free cash flow in FY2025. Free cash flow margin was 22.7% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 27.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.5B | $1.3B | $830.8M | -$44.2M | $468.7M | $398.4M | -$114.9M | $144.3M | -$165.6M | -$416.1M | $593.4M | $396.0M | $350.7M | -$96.3M | -$39.5M |
| Depreciation & Amortization | - | - | - | - | - | - | - | - | $91.9M | $204.3M | $225.2M | $216.6M | $238.8M | $265.4M | $235.2M |
| Operating Cash Flow | $2.1B | $1.2B | $602.3M | $873.4M | $237.6M | $37.1M | $174.2M | -$326.8M | $1.3B | $206.8M | -$325.2M | $735.5M | $856.1M | $762.2M | -$33.5M |
| Capital Expenditures | $869.9M | $1.5B | $1.4B | $903.6M | $540.3M | $416.6M | $668.7M | $739.8M | $514.4M | $229.5M | $166.4M | $257.5M | $282.6M | $379.2M | $731.8M |
| Free Cash Flow | $1.2B | -$308.1M | -$784.5M | -$30.2M | -$302.7M | -$379.5M | -$494.5M | -$1.1B | $826.3M | -$22.7M | -$491.6M | $478.0M | $573.5M | $383.0M | -$765.3M |
| FCF Margin | 22.8% | -7.3% | -23.6% | -1.1% | -10.4% | -14.0% | -16.1% | -47.5% | 28.1% | -0.8% | -11.9% | 14.1% | 17.3% | 11.4% | -27.7% |