First Solar

First Solar is a provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module collection and recycling, First Solar’s renewable energy systems protect and enhance the environment.
Company Growth (employees)
Tempe, US
Size (employees)
5,400 (est)
First Solar was founded in 2003 and is headquartered in Tempe, US

First Solar Office Locations

First Solar has offices in Tempe, Pecos, Kulim, Tallahassee and in 13 other locations
Tempe, US (HQ)
600 350 W Washington St
Show all (17)

First Solar Financials and Metrics

First Solar Financials

First Solar's revenue was reported to be $3 b in FY, 2016 which is a 18% decrease from the previous period.

Revenue (FY, 2016)

3 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

704 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(358 m)

EBIT (FY, 2016)

(502.6 m)

Market capitalization (13-Dec-2017)

7.2 b

Cash (31-Dec-2016)

1.3 b


6.1 b
First Solar's current market capitalization is $7.2 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


3.3 b3.4 b3.6 b3 b

Revenue growth, %


Cost of goods sold

1.8 b2.5 b2.4 b2.6 b2.7 b2.2 b

Gross profit

864 m825.6 m919.3 m704 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014


1.3 b950.2 m544.4 m889.3 m

Cost of goods sold

901.6 m713.4 m451.6 m700 m

Gross profit

364 m236.7 m92.7 m189.3 m

Gross profit Margin, %

USDY, 2008Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


765.7 m765.7 m605.6 m901.3 m1.3 b1.5 b1.1 b1.3 b

Accounts Receivable

39 k


389 m505.1 m380.4 m363.2 m

Current Assets

3.8 b3.2 b3.3 b3.8 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014


1.2 b975.2 m851.3 m622.5 m


311.7 m387.1 m385.2 m445.2 m

Current Assets

3.6 b3 b3.2 b3.3 b


1.4 b1.4 b1.4 b1.4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

353 m396.9 m546.4 m(358 m)

Depreciation and Amortization

257.8 m230.9 m


(39 m)9.6 m

Accounts Payable

143.9 m(191.6 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014

Net Income

195 m112 m4.5 m88.4 m
USDY, 2016


-12.1 x


29.4 x


464.8 k

Financial Leverage

1.3 x
Show all financial metrics

First Solar Market Value History

First Solar Revenue Breakdown

First Solar Median Salaries

Source: 110 public H-1B filings from First Solar

First Solar's Web-traffic and Trends

First Solar Online and Social Media Presence

First Solar News and Updates

Tata Power Launches India’s First Solar Carport

Indian companies continue to push for innovation with an endeavor to meet the highly ambitious renewable energy target set by the government. The conducive policy and regulatory regime for the development of renewable energy in the country has reaped the first solar-powered carport.

SEIA Provides President Trump With Blueprint For America First Solar Success

The US Solar Energy Industries Association has this week unveiled its blueprint plan to put America first on economic growth, jobs, manufacturing, and national security, while maintaining the solar industry's booming growth

First Solar Unveils Series 6 Thin Film PV Module & Above Expected 2018 Guidance

American solar PV manufacturer First Solar released a flurry of announcements on Tuesday, first among them the unveiling of its first functional Series 6 thin film solar PV module at the company's Ohio production line. 

Building Integrated Photovoltaic (BIPV) Market 2017: Global Analysis by Key Players – First Solar, SunPower, Sharp, Canadian Solar, Centrosolar

Wiseguyreports.Com Publish New Market Research Report On -“Building Integrated Photovoltaic (BIPV) Market 2017 Global Industry – Key Players, Size, Trends, Opportunities, Growth- Analysis to 2021” Posted via Industry Today. Follow us on Twitter @IndustryToday

Solar Energy Products Global Market 2017: Key Players – Beijing Sunbo JA Solar, First Solar, Q-Cells, Yingli, Kyocera

Solar Energy Products -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021 Posted via Industry Today. Follow us on Twitter @IndustryToday

First Solar Shares Skyrocket On Back Of Strong Third Quarter Results

American solar PV manufacturer First Solar saw its shares jump 20% on the back of strong third quarter financial results which saw the company report net sales of $1.1 billion, an increase of $464 million over the second quarter. 
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First Solar Company Life and Culture

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