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 an office in Tempe
Tempe, US (HQ)
600 350 W Washington St

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 (19-Oct-2017)

5 b

Cash (31-Dec-2016)

1.3 b


3.8 b
First Solar's current market capitalization is $5 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
USDQ2, 2014Q3, 2014


544.4 m889.3 m

Cost of goods sold

451.6 m700 m

Gross profit

92.7 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
USDQ2, 2014Q3, 2014


851.3 m622.5 m


385.2 m445.2 m

Current Assets

3.2 b3.3 b


1.4 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)
USDQ2, 2014Q3, 2014

Net Income

4.5 m88.4 m
USDY, 2016


-7.6 x


18.5 x


464.8 k

Financial Leverage

1.3 x
Show all financial metrics

First Solar Market Value History

First Solar Revenue Breakdown

First Solar Job Categories

First Solar Median Salaries

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

Traffic Overview of First Solar

First Solar Online and Social Media Presence

First Solar News and Updates

Building Integrated Photovoltaics (BIPV) Market 2017: Global Analysis by Key Players – First Solar, Sharp, SunPower, Solar Frontier

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

World’s First Solar Powered Indoor Vertical Farm Comes To Philadelphia

Metropolis Farms is building the world's first solar powered indoor vertical garden in Philadelphia. It expects to grow as much food in 100,000 square feet as a convention 600 acre farm. World’s First Solar Powered Indoor Vertical Farm Comes To Philadelphia was originally published on CleanTechnica…

The First Solar Powered Smartwatch

The wearable communicates with smartphones, tracks fitness and health status, is water resistant and tracks sunlight hours

First Solar Wing for Unmanned Aerial Vehicles Developed

SolAero Technologies Corp has announced the completion and delivery of the first solar wing for Bye Aerospace’s “StratoAirNet”, a solar-electric, unmanned aerial vehicle (UAV).

First Solar Awarded 241 MW Contract In Australia, Surpasses 500 MW In Module Orders

One of the world's leading thin-film solar module manufacturers, First Solar, has secured a contract to supply 241 MW worth of solar modules for two solar projects in Queensland, Australia, which subsequently pushes the company's confirmed module supply pipeline in Australia over 500 MW.  First Sola…

EDF Renewable Energy Acquires 179 Megawatts Of Solar Projects From First Solar

EDF Renewable Energy has this week announced its acquisition of the 179 MW Switch Station 1 and 2 solar projects from First Solar in late-June, a move which brings the US company closer to 10 GW worth of renewable energy projects in operation or development across North America.  EDF Renewable Energ…

First Solar Company Life and Culture

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