Craft

First Solar

Stock Price

$221.3

2024-07-16

Market Capitalization

$23.7 B

2024-07-16

Revenue

$3.3 B

FY, 2023

First Solar Summary

Company Summary

Overview
First Solar (formerly known as First Solar Holdings) is a company that provides solar energy solutions. It designs, manufactures, and sells thin-film cadmium and photovoltaic (PV) modules, racking systems, and components. The solar modules convert sunlight into electricity.
Type
Public
Status
Active
Founded
1999
HQ
Tempe, AZ, US | view all locations
Website
https://www.firstsolar.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Mark R. Widmar

    Mark R. Widmar, Chief Executive Officer, Director

  • Georges Antoun

    Georges Antoun, Chief Commercial Officer

    • Caroline Stockdale

      Caroline Stockdale, Chief People and Communications Officer

    • Michael Koralewski

      Michael Koralewski, Chief Supply Chain Officer

    Operating MetricsView all

    Projects Sizes Under Sales Agreements (Carolina), MW

    200

    FY, 2020

    Projects Sizes Under Sales Agreements (Arizona), MW

    150

    FY, 2020

    Manufacturing Facilities (Germany)

    1

    FY, 2022

    LocationsView all

    12 locations detected

    • Tempe, AZ HQ

      United States

      350 West Washington Street, Suite 600

    • Perrysburg, OH

      United States

      28101 Cedar Park Blvd

    • Walbridge, OH

      United States

      28380 Tracy Rd

    • Brussels, Bruxelles

      Belgium

      Rue aux Laines, 68-72

    • São Paulo, SP

      Brazil

      Eldorado Business Tower, Av Doutora Ruth Cardoso, 8501 – 17th Floor

    • Frankfurt, HE

      Germany

      Amelia-Mary-Earhart-Straße 8

    and 6 others

    First Solar Financials

    Summary Financials

    Revenue (Q1, 2024)
    $794.1M
    Gross profit (Q1, 2024)
    $346.0M
    Net income (Q1, 2024)
    $236.6M
    Cash (Q1, 2024)
    $1.7B
    EBIT (Q1, 2024)
    $243.1M
    Enterprise value
    $22.6B

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