First Solar Inc - Understand $fslr stock

$FSLR Market Cap: $20.39 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.851B

TTM

Gross Margin

46.61%

TTM

Net Earnings

$1.248B

TTM

Current Assets

$3.818B

Q3 2024

Current Liabilities

$1.782B

Q3 2024

Current Ratio

214.24%

Q3 2024

Total Assets

$11.44B

Q3 2024

Total Liabilities

$3.843B

Q3 2024

Book Value

$7.594B

Q3 2024

Cash

$1.005B

Q3 2024

P/E

16.34

Nov 15, 2024 EST

Free Cash Flow

-$591.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$3.319B	$2.619B	$2.923B	$2.711B	$3.063B	$2.244B	$2.941B	$2.905B	$4.113B	$3.391B	$3.310B	$3.369B	$2.766B	$2.564B	$2.066B	$1.246B	$504.0M	$135.0M	$48.10M	$13.50M	$3.200M
YoY Change	26.7%	-10.4%	7.82%	-11.48%	36.5%	-23.71%	1.27%	-29.37%	21.27%	2.46%	-1.75%	21.77%	7.91%	24.07%	65.79%	147.28%	273.33%	180.67%	256.3%	321.88%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$3.319B	$2.619B	$2.923B	$2.711B	$3.063B	$2.244B	$2.941B	$2.905B	$4.113B	$3.391B	$3.310B	$3.369B	$2.766B	$2.564B	$2.066B	$1.246B	$504.0M	$135.0M	$48.10M	$13.50M	$3.200M
Cost Of Revenue	$2.018B	$2.549B	$2.193B	$2.031B	$2.514B	$1.852B	$2.392B	$2.266B	$2.980B	$2.566B	$2.445B	$2.516B	$1.794B	$1.379B	$1.022B	$567.9M	$252.6M	$80.70M	$31.50M	$18.90M	$11.50M
Gross Profit	$1.301B	$69.86M	$730.0M	$680.7M	$549.2M	$392.2M	$548.9M	$638.4M	$1.133B	$824.9M	$864.6M	$852.7M	$971.8M	$1.185B	$1.045B	$678.4M	$251.4M	$54.20M	$16.60M	-$5.300M	-$8.300M
Gross Profit Margin	39.19%	2.67%	24.97%	25.1%	17.93%	17.48%	18.66%	21.98%	27.54%	24.33%	26.12%	25.32%	35.13%	46.22%	50.56%	54.43%	49.88%	40.15%	34.51%	-39.26%	-259.38%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$197.6M	$164.7M	$170.3M	$222.9M	$205.5M	$176.9M	$202.7M	$262.0M	$255.2M	$253.8M	$270.3M	$280.9M	$412.5M	$321.7M	$272.9M	$174.0M	$82.20M	$33.30M	$15.80M	$9.300M	$12.00M
YoY Change	19.97%	-3.29%	-23.6%	8.49%	16.18%	-12.75%	-22.63%	2.67%	0.54%	-6.08%	-3.8%	-31.9%	28.24%	17.88%	56.8%	111.73%	146.85%	110.76%	69.89%	-22.5%
% of Gross Profit	15.19%	235.8%	23.33%	32.75%	37.41%	45.1%	36.93%	41.04%	22.53%	30.77%	31.26%	32.94%	42.45%	27.15%	26.13%	25.65%	32.7%	61.44%	95.18%
Research & Development	$152.3M	$112.8M	$99.12M	$93.74M	$96.61M	$84.47M	$88.57M	$124.8M	$130.6M	$144.0M	$134.3M	$132.5M	$140.5M	$94.80M	$78.16M	$33.52M	$15.10M	$6.400M	$2.400M	$1.200M	$3.800M
YoY Change	35.02%	13.81%	5.74%	-2.97%	14.37%	-4.63%	-29.01%	-4.47%	-9.29%	7.2%	1.39%	-5.74%	48.24%	21.28%	133.2%	121.97%	135.94%	166.67%	100.0%	-68.42%
% of Gross Profit	11.71%	161.48%	13.58%	13.77%	17.59%	21.54%	16.14%	19.54%	11.53%	17.45%	15.53%	15.53%	14.46%	8.0%	7.48%	4.94%	6.01%	11.81%	14.46%
Depreciation & Amortization	$308.0M	$269.7M	$259.9M	$232.9M	$205.5M	$130.7M	$91.90M	$204.3M	$225.2M	$216.6M	$238.8M	$265.4M	$235.2M	$156.1M	$129.6M	$59.52M	$24.50M	$10.20M	$16.40M	$25.90M	$43.00M
YoY Change	14.19%	3.78%	11.59%	13.33%	57.23%	42.22%	-55.01%	-9.31%	3.99%	-9.29%	-10.03%	12.82%	50.7%	20.42%	117.8%	142.93%	140.2%	-37.8%	-36.68%	-39.77%
% of Gross Profit	23.68%	386.1%	35.6%	34.22%	37.42%	33.33%	16.74%	31.99%	19.88%	26.25%	27.62%	31.12%	24.21%	13.17%	12.41%	8.77%	9.75%	18.82%	98.8%
Operating Expenses	$450.3M	$350.6M	$290.5M	$363.2M	$711.0M	$352.1M	$371.1M	$1.207B	$402.6M	$402.9M	$494.2M	$890.3M	$1.040B	$435.9M	$365.0M	$240.1M	$114.2M	$51.50M	$21.40M	$11.40M	$15.80M
YoY Change	28.43%	20.7%	-20.02%	-48.92%	101.95%	-5.13%	-69.24%	199.69%	-0.08%	-18.47%	-44.49%	-14.43%	138.66%	19.45%	52.04%	110.2%	121.75%	140.65%	87.72%	-27.85%
Operating Profit	$857.3M	-$27.24M	$586.8M	$317.5M	-$161.8M	$40.11M	$177.9M	-$568.2M	$730.2M	$422.0M	$370.4M	-$37.56M	-$68.66M	$748.9M	$679.6M	$438.3M	$137.2M	$2.700M	-$4.800M	-$16.70M	-$24.10M
YoY Change	-3247.55%	-104.64%	84.81%	-296.24%	-503.32%	-77.45%	-131.3%	-177.81%	73.02%	13.93%	-1086.1%	-45.29%	-109.17%	10.2%	55.04%	219.49%	4981.48%	-156.25%	-71.26%	-30.71%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$12.97M	$12.23M	$13.11M	$24.04M	$27.07M	$25.92M	$25.77M	$20.54M	$6.975M	$1.982M	$1.884M	$13.89M	$100.0K	$6.000K	$5.258M	$509.0K	$20.00M	$4.500M	-$2.100M	$0.00	-$4.000M
YoY Change	6.05%	-6.73%	-45.47%	-11.19%	4.42%	0.61%	25.45%	194.45%	251.92%	5.2%	-86.43%	13788.0%	1566.67%	-99.89%	933.01%	-97.46%	344.44%	-314.29%		-100.0%
% of Operating Profit	1.51%		2.23%	7.57%		64.62%	14.49%		0.96%	0.47%	0.51%			0.0%	0.77%	0.12%	14.58%	166.67%
Other Income/Expense, Net	-$29.15M	$31.19M	$314.0K	-$11.93M	$17.55M	$39.74M	$23.97M	$40.25M	-$5.502M	-$4.485M	-$5.189M	$945.0K	$665.0K	$2.273M	-$2.985M	-$934.0K	-$1.200M	$1.800M	$400.0K	$0.00	$0.00
YoY Change	-193.45%	9832.8%	-102.63%	-168.01%	-55.85%	65.81%	-40.46%	-831.59%	22.68%	-13.57%	-649.1%	42.11%	-70.74%	-176.15%	219.59%	-22.17%	-166.67%	350.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$891.3M	$8.598M	$315.3M	$22.48M	-$239.5M	-$49.35M	-$22.87M	-$426.8M	$227.2M	$139.1M	$78.35M	$96.77M	-$366.9M	$43.74M	-$25.59M	$42.92M	$156.0M	$9.200M	-$6.600M	-$16.80M	-$28.00M
YoY Change	10266.25%	-97.27%	1302.88%	-109.38%	385.37%	115.82%	-94.64%	-287.89%	63.26%	77.59%	-19.04%	-126.37%	-938.88%	-270.93%	-159.62%	-72.49%	1595.65%	-239.39%	-60.71%	-40.0%
Income Tax	$60.51M	$52.76M	$103.5M	-$107.3M	-$5.480M	$3.441M	$372.0M	$23.17M	$32.33M	$31.19M	$30.10M	$56.53M	-$14.22M	$97.88M	$46.18M	$115.4M	-$2.400M	$5.200M	$0.00	$0.00	$0.00
% Of Pretax Income	6.79%	613.68%	32.82%	-477.39%					14.23%	22.42%	38.42%	58.42%		223.78%		269.0%	-1.54%	56.52%
Net Earnings	$830.8M	-$44.17M	$468.7M	$398.4M	-$114.9M	$144.3M	-$165.6M	-$416.1M	$593.4M	$396.0M	$350.7M	-$96.34M	-$39.49M	$664.2M	$640.1M	$348.3M	$158.4M	$4.000M	-$6.500M	-$16.80M	-$28.00M
YoY Change	-1981.03%	-109.42%	17.66%	-446.6%	-179.63%	-187.15%	-60.2%	-170.12%	49.86%	12.9%	-464.05%	143.94%	-105.95%	3.76%	83.77%	119.91%	3860.0%	-161.54%	-61.31%	-40.0%
Net Earnings / Revenue	25.03%	-1.69%	16.03%	14.69%	-3.75%	6.43%	-5.63%	-14.33%	14.43%	11.68%	10.6%	-2.86%	-1.43%	25.91%	30.98%	27.95%	31.43%	2.96%	-13.51%	-124.44%	-875.0%
Basic Earnings Per Share	$7.78	-$0.41	$4.41	$3.76	-$1.09	$1.38	-$1.59	-$4.05	$5.88	$3.96	$3.74	-$1.11	-$0.46	$7.82	$7.67	$4.34
Diluted Earnings Per Share	$7.74	-$0.41	$4.38	$3.73	-$1.09	$1.36	-$1.59	-$4.05	$5.83	$3.90	$3.67	-$1.11	-$0.46	$7.68	$7.53	$4.24	$2.031M	$57.64K	-$93.66K	-$242.1K	-$403.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$2.102B	$2.578B	$1.826B	$1.747B	$2.164B	$2.547B	$2.989B	$1.955B	$1.830B	$1.991B	$1.764B	$1.004B	$671.8M	$933.6M	$784.7M	$792.3M	$665.6M	$308.4M	$17.00M	$3.800M
YoY Change	-18.44%	41.18%	4.52%	-19.27%	-15.04%	-14.77%	52.88%	6.82%	-8.08%	12.86%	75.73%	49.43%	-28.04%	18.98%	-0.96%	19.04%	115.82%	1714.12%	347.37%
Cash & Equivalents	$1.106B	$4.324M	$0.00	$0.00	$7.300M	$200.8M	$2.269B	$1.347B	$1.127B	$1.482B	$1.325B	$901.3M	$605.6M	$765.7M	$664.5M	$716.2M	$404.3M	$308.1M	$16.70M	$3.500M
Short-Term Investments	$155.5M	$1.097B	$375.4M	$520.1M	$811.5M	$1.144B	$720.4M	$608.0M	$703.5M	$509.0M	$439.1M	$102.6M	$66.10M	$167.9M	$120.2M	$76.00M	$261.3M	$300.0K	$300.0K	$300.0K
Other Short-Term Assets	$304.8M	$237.1M	$244.2M	$405.6M	$279.7M	$311.6M	$252.5M	$958.7M	$573.8M	$356.6M	$982.0M	$421.3M	$621.6M	$148.0M	$136.3M	$101.9M	$42.70M	$8.100M	$1.500M	$400.0K
YoY Change	28.57%	-2.92%	-39.79%	45.01%	-10.24%	23.41%	-73.66%	67.08%	60.91%	-63.69%	133.09%	-32.22%	320.0%	8.58%	33.76%	138.64%	427.16%	440.0%	275.0%
Inventory	$819.9M	$621.4M	$666.3M	$567.6M	$443.5M	$387.9M	$172.4M	$363.2M	$380.4M	$505.1M	$389.0M	$434.9M	$475.9M	$195.9M	$152.8M	$121.6M	$40.20M	$16.50M	$6.900M	$3.700M
Prepaid Expenses
Receivables	$660.8M	$355.0M	$454.7M	$292.5M	$658.5M	$586.4M	$386.4M	$473.4M	$540.8M	$177.3M	$239.3M	$954.6M	$844.0M	$307.0M	$226.9M	$61.70M	$18.20M	$28.00M	$1.100M	$4.400M
Other Receivables	$746.8M	$0.00	$0.00	$1.800M	$53.80M	$26.40M	$32.60M	$37.30M	$20.30M	$47.60M	$418.4M	$17.70M	$0.00	$0.00	$50.50M	$0.00	$35.80M	$27.50M	$0.00	$0.00
Total Short-Term Assets	$4.635B	$3.791B	$3.191B	$3.015B	$3.600B	$3.860B	$3.833B	$3.788B	$3.346B	$3.078B	$3.793B	$2.832B	$2.613B	$1.585B	$1.351B	$1.077B	$802.5M	$388.5M	$26.60M	$12.30M
YoY Change	22.24%	18.81%	5.86%	-16.26%	-6.73%	0.7%	1.19%	13.22%	8.7%	-18.85%	33.91%	8.38%	64.93%	17.26%	25.42%	34.26%	106.56%	1360.53%	116.26%
Property, Plant & Equipment	$4.499B	$3.636B	$3.074B	$2.872B	$2.804B	$2.065B	$1.572B	$1.078B	$1.378B	$1.466B	$1.385B	$1.525B	$1.816B	$1.431B	$988.8M	$842.6M	$430.1M	$178.9M	$73.80M	$29.30M
YoY Change	23.72%	18.28%	7.04%	2.44%	35.78%	31.39%	45.83%	-21.79%	-6.04%	5.87%	-9.2%	-16.0%	26.92%	44.7%	17.35%	95.91%	140.41%	142.41%	151.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$198.3M	$182.1M	$244.7M		$2.800M	$3.200M	$219.5M	$234.6M	$399.8M	$255.0M	$17.30M	$5.100M	$116.2M	$180.3M	$354.6M	$54.60M	$32.70M	$0.00	$1.300M	$0.00
YoY Change	8.92%	-25.6%			-12.5%	-98.54%	-6.44%	-41.32%	56.78%	1373.99%	239.22%	-95.61%	-35.55%	-49.15%	549.45%	66.97%		-100.0%
Other Assets	$870.5M	$525.7M	$739.5M	$1.136B	$1.009B	$1.070B	$1.083B	$1.555B	$1.964B	$1.692B	$1.469B	$1.900B	$1.167B	$751.2M	$368.1M	$105.8M	$72.20M	$10.90M	$1.300M	$0.00
YoY Change	65.58%	-28.91%	-34.91%	12.66%	-5.74%	-1.17%	-30.4%	-20.78%	16.07%	15.18%	-22.71%	62.86%	55.32%	104.07%	247.92%	46.54%	562.39%	738.46%
Total Long-Term Assets	$5.730B	$4.460B	$4.223B	$4.094B	$3.916B	$3.262B	$3.032B	$3.037B	$3.971B	$3.643B	$3.091B	$3.516B	$3.164B	$2.796B	$1.998B	$1.037B	$568.8M	$190.0M	$75.30M	$29.50M
YoY Change	28.49%	5.62%	3.13%	4.56%	20.05%	7.59%	-0.16%	-23.52%	8.99%	17.88%	-12.11%	11.13%	13.18%	39.92%	92.67%	82.33%	199.37%	152.32%	155.25%
Total Assets	$10.37B	$8.251B	$7.414B	$7.109B	$7.516B	$7.121B	$6.865B	$6.824B	$7.316B	$6.721B	$6.884B	$6.349B	$5.778B	$4.380B	$3.350B	$2.115B	$1.371B	$578.5M	$101.9M	$41.80M
YoY Change
Accounts Payable	$207.2M	$341.4M	$193.4M	$183.3M	$218.1M	$233.3M	$120.2M	$148.7M	$337.7M	$214.7M	$261.3M	$350.2M	$176.4M	$82.30M	$75.70M	$46.30M	$26.40M	$14.00M	$4.600M	$400.0K
YoY Change	-39.32%	76.55%	5.5%	-15.96%	-6.52%	94.09%	-19.17%	-55.97%	57.29%	-17.83%	-25.39%	98.53%	114.34%	8.72%	63.5%	75.38%	88.57%	204.35%	1050.0%
Accrued Expenses	$551.1M	$382.5M	$295.8M	$302.2M	$705.1M	$413.9M	$338.1M	$222.9M	$371.0M	$318.5M	$253.0M	$463.9M	$328.0M	$233.0M	$185.1M	$136.9M	$74.20M	$10.20M	$7.300M	$2.500M
YoY Change	44.07%	29.33%	-2.13%	-57.14%	70.36%	22.42%	51.68%	-39.92%	16.48%	25.89%	-45.46%	41.43%	40.77%	25.88%	35.21%	84.5%	627.45%	39.73%	192.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$24.50M	$16.30M	$0.00	$0.00
YoY Change																-100.0%	50.31%
Long-Term Debt Due	$96.24M	$0.00	$3.896M	$41.50M	$17.50M	$5.600M	$13.10M	$28.00M	$38.10M	$51.40M	$60.50M	$62.30M	$44.50M	$26.60M	$28.60M	$35.00M	$14.80M	$3.300M	$20.10M	$0.00
YoY Change		-100.0%	-90.61%	137.14%	212.5%	-57.25%	-53.21%	-26.51%	-25.88%	-15.04%	-2.89%	40.0%	67.29%	-6.99%	-18.29%	136.49%	348.48%	-83.58%
Total Short-Term Liabilities	$1.306B	$1.038B	$726.9M	$847.4M	$1.318B	$845.5M	$650.3M	$907.9M	$960.8M	$1.001B	$1.588B	$1.101B	$973.7M	$469.7M	$394.9M	$381.8M	$181.3M	$52.10M	$33.90M	$5.400M
YoY Change	25.83%	42.81%	-14.22%	-35.72%	55.91%	30.02%	-28.37%	-5.51%	-3.97%	-37.0%	44.19%	13.11%	107.3%	18.94%	3.43%	110.59%	247.98%	53.69%	527.78%
Long-Term Debt	$464.1M	$184.3M	$236.0M	$237.7M	$454.2M	$461.2M	$423.9M	$187.0M	$251.3M	$162.1M	$162.8M	$500.2M	$619.1M	$210.8M	$146.4M	$163.5M	$68.90M	$61.00M	$28.60M	$13.70M
YoY Change	151.73%	-21.89%	-0.71%	-47.67%	-1.52%	8.8%	126.68%	-25.59%	55.03%	-0.43%	-67.45%	-19.21%	193.69%	43.99%	-10.46%	137.3%	12.95%	113.29%	108.76%
Other Long-Term Liabilities	$1.865B	$1.164B	$463.6M	$502.9M	$646.5M	$602.3M	$691.7M	$511.1M	$555.7M	$566.9M	$629.5M	$1.142B	$540.9M	$245.0M	$155.4M	$56.20M	$23.90M	$3.700M	$1.000M	$100.0K
YoY Change	60.22%	151.04%	-7.81%	-22.21%	7.34%	-12.92%	35.34%	-8.03%	-1.98%	-9.94%	-44.86%	111.06%	120.78%	57.66%	176.51%	135.15%	545.95%	270.0%	900.0%
Total Long-Term Liabilities	$2.329B	$1.348B	$699.6M	$740.6M	$1.101B	$1.064B	$1.116B	$698.1M	$807.0M	$729.0M	$792.3M	$1.642B	$1.160B	$455.8M	$301.8M	$219.7M	$92.80M	$64.70M	$29.60M	$13.80M
YoY Change	72.73%	92.7%	-5.53%	-32.72%	3.5%	-4.67%	59.81%	-13.49%	10.7%	-7.99%	-51.74%	41.53%	154.5%	51.03%	37.37%	136.75%	43.43%	118.58%	114.49%
Total Liabilities	$3.678B	$2.415B	$1.454B	$1.588B	$2.419B	$1.909B	$1.766B	$1.606B	$1.768B	$1.730B	$2.380B	$2.743B	$2.134B	$925.5M	$696.7M	$601.5M	$274.0M	$116.8M	$63.50M	$19.10M
YoY Change	52.27%	66.08%	-8.43%	-34.35%	26.71%	8.11%	9.95%	-9.15%	2.21%	-27.34%	-13.23%	28.56%	130.56%	32.84%	15.83%	119.53%	134.59%	83.94%	232.46%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Basic Shares Outstanding	106.8M shares	106.6M shares	106.3M shares	105.9M shares	105.3M shares	104.7M shares	104.3M shares	102.9M shares	100.9M shares	100.0M shares	93.70M shares	86.86M shares	86.07M shares	84.89M shares	83.50M shares	80.18M shares
Diluted Shares Outstanding	107.4M shares	106.6M shares	106.9M shares	106.7M shares	105.3M shares	106.1M shares	104.3M shares	102.9M shares	101.8M shares	101.6M shares	95.47M shares	86.86M shares	86.07M shares	86.49M shares	85.04M shares	82.12M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $20.389 Billion

About First Solar Inc

First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. The company is headquartered in Tempe, Arizona and currently employs 6,700 full-time employees. The company went IPO on 2006-11-17. The firm manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The firm operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The firm's products include the Series 7 Module and Series 6 Plus module. The firm has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd., and First Solar Malaysia Sdn. Bhd.

Industry: Semiconductors & Related Devices Peers: NVIDIA Corp SKYWORKS SOLUTIONS, INC. Wolfspeed Inc GlobalFoundries Inc Lattice Semiconductor Corp Microchip Technology Inc Monolithic Power Systems Inc ON Semiconductor Corp Qorvo Inc