FSLR - First Solar Stock

Market Summary

USD161.39-2.95

Market Closed

-1.80%

FSLR Alerts

1 major insider sales recently.
Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

FSLR Stock Price

FSLR RSI Chart

FSLR Valuation

Market Cap

17.2B

Price/Earnings (Trailing)

110.22

Price/Sales (Trailing)

5.77

EV/EBITDA

37.07

Price/Free Cashflow

-34.22

FSLR Price/Sales (Trailing)

FSLR Profitability

EBT Margin

3.82%

Return on Equity

0.71%

Return on Assets

0.49%

Free Cashflow Yield

-2.92%

FSLR Fundamentals

FSLR Revenue

Revenue (TTM)

3.0B

Revenue Y/Y

30.55%

Revenue Q/Q

47.86%

FSLR Earnings

Earnings (TTM)

156.4M

Earnings Y/Y

205.67%

Earnings Q/Q

300.79%

Price Action

52 Week Range

115.66232.00

(Low)(High)

Last 7 days

-2.0%

Last 30 days

-7.4%

Last 90 days

-10.1%

Trailing 12 Months

26.6%

FSLR Financial Health

Current Ratio

3.08

FSLR Investor Care

Shares Dilution (1Y)

0.23%

Diluted EPS (TTM)

1.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for FSLR

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-09-01	Bradley Alexander R.	sold	-1,024,200	186	-5,500	chief financial officer
2023-08-21	Gloeckler Markus	sold	-84,448	182	-464	chief technology officer
2023-08-18	Gloeckler Markus	acquired	-	-	843	chief technology officer
2023-08-18	Gloeckler Markus	sold (taxes)	-75,735	199	-379	chief technology officer
2023-08-14	ANTOUN GEORGES	sold	-2,504,840	202	-12,346	chief commercial officer
2023-08-07	KENNEDY R CRAIG	sold	-289,380	192	-1,500	-
2023-08-02	Bradley Alexander R.	sold	-1,068,970	194	-5,500	chief financial officer
2023-07-28	Widmar Mark R	sold	-482,566	223	-2,160	chief executive officer
2023-07-18	Widmar Mark R	sold	-453,600	210	-2,160	chief executive officer
2023-07-17	Widmar Mark R	sold	-816,310	205	-3,982	chief executive officer

Which funds bought or sold FSLR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-21	Jefferies Group LLC	new	-	7,740,440	7,740,440	0.06%
2023-09-20	BARCLAYS PLC	added	57.2	19,464,000	71,530,000	0.04%
2023-09-13	CGC Financial Services, LLC	new	-	57,027	57,027	0.04%
2023-09-12	Farther Finance Advisors, LLC	added	40.00	1,459	7,984	-%
2023-09-07	ST GERMAIN D J CO INC	new	-	2,091	2,091	-%
2023-08-25	STRATEGY ASSET MANAGERS LLC	added	6.75	-65,502	911,291	0.20%
2023-08-24	Alberta Investment Management Corp	added	24.45	38,134	473,134	-%
2023-08-23	Stonebridge Capital Advisors LLC	sold off	-100	-22,620	-	-%
2023-08-23	WOLVERINE TRADING, LLC	new	-	6,485,430	6,485,430	0.01%
2023-08-22	Asset Dedication, LLC	unchanged	-	-7,000	49,000	-%

Latest Funds Activity

Are funds buying FSLR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FSLR

No. of Funds

Schedule 13G FIlings of First Solar

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 06, 2023	wellington management group llp	3.76%	4,004,643	SC 13G/A
Jan 30, 2023	blackrock inc.	12.5%	13,347,707	SC 13G/A
Jan 10, 2023	vanguard group inc	10.85%	11,570,363	SC 13G/A
Sep 15, 2022	ebrahimi farhad fred	4.70%	5,007,198	SC 13D/A
Jun 28, 2022	ebrahimi farhad fred	5.32%	5,667,271	SC 13D/A
Feb 04, 2022	wellington management group llp	7.68%	8,164,162	SC 13G/A
Jan 28, 2022	blackrock inc.	12.8%	13,598,161	SC 13G/A
Feb 10, 2021	vanguard group inc	7.71%	8,165,497	SC 13G/A
Feb 04, 2021	wellington management group llp	8.08%	8,559,211	SC 13G/A
Jan 27, 2021	blackrock inc.	12.0%	12,672,907	SC 13G/A

Recent SEC filings of First Solar

View All Filings

Date Filed	Form Type	Document
Sep 05, 2023	4	Insider Trading
Sep 01, 2023	144	Notice of Insider Sale Intent
Aug 22, 2023	4	Insider Trading
Aug 21, 2023	144	Notice of Insider Sale Intent
Aug 16, 2023	4	Insider Trading
Aug 15, 2023	144/A	144/A
Aug 14, 2023	144	Notice of Insider Sale Intent
Aug 08, 2023	4	Insider Trading
Aug 07, 2023	144/A	144/A
Aug 04, 2023	144	Notice of Insider Sale Intent

Peers (Alternatives to First Solar)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	1.0T	32.7B	-8.25%	237.43%	100.38	31.71	9.90%	33.38%
AVGO	337.1B	35.5B	-2.10%	80.70%	24.63	9.51	11.91%	53.33%
AMD	154.9B	21.9B	-4.76%	43.29%	-6.2K	7.08	1.39%	-100.80%
TXN	143.4B	18.8B	-4.12%	0.55%	18.66	7.62	-3.94%	-10.38%
INTC	141.5B	54.0B	3.13%	27.82%	-153.45	2.62	-26.36%	-104.83%
FSLR	17.2B	3.0B	-7.39%	26.56%	110.22	5.77	20.63%	-17.29%
LSCC	11.4B	722.9M	-5.27%	72.61%	55.62	15.76	23.44%	50.75%
MID-CAP
AMKR	5.5B	6.9B	-15.16%	31.17%	9.4	0.79	6.33%	-16.28%
POWI	4.4B	514.5M	-4.91%	17.66%	48.83	8.58	-28.10%	-51.06%
SMALL-CAP
SGH	1.2B	1.7B	-0.59%	46.16%	-45.63	0.69	-7.23%	-137.93%
ICHR	894.5M	1.1B	-9.36%	18.75%	39.64	0.84	-8.91%	-64.16%
AOSL	785.7M	691.3M	-2.32%	-5.55%	63.54	1.14	-11.09%	-97.27%
CEVA	445.6M	122.0M	-8.16%	-26.19%	-14.35	3.65	-9.27%	-3581.39%
MX	310.6M	250.2M	-3.01%	-26.22%	-7.84	1.24	-43.50%	-156.17%

First Solar News

Returns for FSLR

Cumulative Returns on FSLR

15.0%

10-Year Cumulative Returns

23.6%

7-Year Cumulative Returns

27.6%

5-Year Cumulative Returns

37.6%

3-Year Cumulative Returns

Risks for FSLR

What is the probability of a big loss on FSLR?

93.1%

Probability that First Solar stock will be more than 20% underwater in next one year

67.3%

Probability that First Solar stock will be more than 30% underwater in next one year.

44.2%

Probability that First Solar stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FSLR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if First Solar was unfortunately bought at previous high price.

Drawdowns

Financials for First Solar

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	6.8%	2,990	2,801	2,619	2,524	2,479	2,487	2,923	2,625	2,969	2,983	2,711	3,501	3,121	3,063	3,063	2,355	2,484	2,209	2,244	1,892	2,303
Gross Profit	195.7%	504	170	70.00	256	359	557	730	643	812	775	681	854	700	639	549	314	305	219	392	356	519
Operating Expenses	17.3%	438	373	351	317	294	278	290	319	333	358	363	713	724	723	711	347	320	330	352	362	376
S&GA Expenses	4.3%	179	172	165	160	158	155	170	195	201	216	223	216	220	219	205	201	181	181	177	181	198
R&D Expenses	9.9%	128	116	113	111	108	106	99.00	92.00	89.00	88.00	94.00	96.00	98.00	100	97.00	93.00	90.00	86.00	84.00	87.00	85.00
EBITDA	-100.0%	-	391	291	458	564	528	845	724	873	808	550	404	242	187	112	-	-	-	-	-	-
EBITDA Margin	-100.0%	-	0.14*	0.11*	0.18*	0.23*	0.21*	0.29*	0.28*	0.29*	0.27*	0.20*	0.12*	0.08*	0.06*	0.04*	-	-	-	-	-	-
Interest Expenses	-18.0%	8.00	10.00	12.00	12.00	12.00	13.00	13.00	14.00	22.00	20.00	24.00	24.00	18.00	24.00	27.00	35.00	34.00	31.00	26.00	21.00	21.00
Earnings Before Taxes	45.7%	156	107	9.00	182	290	253	572	457	604	548	293	151	4.00	-49.73	-120	18.00	36.00	-52.00	113	32.00	178
EBT Margin	-100.0%	-	0.04*	0.00*	0.07*	0.12*	0.10*	0.20*	0.17*	0.20*	0.18*	0.11*	0.04*	0.00*	-0.02*	-0.04*	-	-	-	-	-	-
Net Income	275.6%	156	42.00	-44.17	95.00	189	216	469	453	563	517	398	223	99.00	43.00	-114	-3.41	24.00	-6.22	144	-340	-192
Net Income Margin	-100.0%	-	0.01*	-0.02*	0.04*	0.08*	0.09*	0.16*	0.17*	0.19*	0.17*	0.15*	0.06*	0.03*	0.01*	-0.04*	-	-	-	-	-	-
Free Cashflow	100.0%	-	-142	-30.24	-658	-423	-226	-302	-45.34	-84.48	-131	-379	147	-454	-659	-494	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	5.1%	8,997	8,565	8,251	7,493	7,419	7,399	7,414	7,269	7,248	7,109	7,109	6,985	7,073	6,949	7,516	7,055	7,138	7,257	7,121	7,095	7,026
Current Assets	1.1%	3,661	3,620	3,791	3,339	3,383	2,995	3,191	3,046	3,155	3,137	3,015	2,800	2,731	2,748	3,600	3,043	3,412	3,663	3,860	3,886	3,986
Cash Equivalents	-8.5%	830	907	1,481	1,151	1,709	1,335	1,456	1,386	1,633	1,234	1,274	1,317	1,148	1,019	1,447	976	1,334	1,207	1,563	1,524	2,098
Inventory	0.6%	756	751	621	811	810	841	666	647	603	550	568	568	518	480	444	577	587	459	388	296	234
Net PPE	4.2%	4,020	3,859	3,537	3,124	2,989	2,786	2,650	2,506	2,397	2,398	2,402	2,387	2,324	2,244	2,181	2,107	2,006	1,859	1,756	1,671	1,484
Goodwill	98.1%	29.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00
Liabilities	9.7%	2,958	2,696	2,415	1,664	1,524	1,524	1,454	1,439	1,465	1,414	1,588	1,589	1,846	1,781	2,419	1,872	2,003	2,128	1,909	1,924	1,915
Current Liabilities	-7.1%	1,091	1,174	1,038	816	804	735	727	715	661	669	847	731	747	732	1,318	761	843	837	845	868	815
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	220	388	391	454	452	453	558	461	463	449
LT Debt, Current	-	-	-	-	5.00	5.00	5.00	4.00	37.00	3.00	2.00	42.00	-	-	-	18.00	-	-	-	-	-	-
LT Debt, Non Current	36.5%	437	320	184	254	170	247	236	241	276	254	238	-	-	-	454	-	-	-	-	-	-
Shareholder's Equity	2.9%	6,040	5,869	5,836	5,828	5,896	5,875	5,960	5,830	5,784	5,695	5,521	5,396	5,227	5,169	5,097	5,182	5,135	5,129	5,212	5,171	5,111
Retained Earnings	5.4%	3,353	3,183	3,140	3,148	3,197	3,141	3,184	3,053	3,008	2,925	2,716	2,600	2,445	2,408	2,327	2,386	2,355	2,374	2,442	2,389	2,332
Additional Paid-In Capital	0.2%	2,872	2,866	2,887	2,880	2,869	2,863	2,871	2,866	2,859	2,854	2,867	2,856	2,849	2,844	2,849	2,836	2,827	2,814	2,825	2,817	2,809
Shares Outstanding	0.0%	107	107	107	107	107	106	106	106	106	106	106	106	106	106	105	105	105	105	105	105	105

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-18.2%	800	978	873	113	289	378	238	389	292	263	37.00	632	107	-27.22	174	-792	-700	-584	-326	293	1,099
Share Based Compensation	8.3%	34.00	32.00	29.00	27.00	22.00	21.00	21.00	26.00	27.00	25.00	29.00	30.00	33.00	40.00	37.00	33.00	31.00	31.00	34.00	36.00	39.00
Cashflow From Investing	-13.1%	-2,074	-1,834	-1,192	-638	-430	-373	-99.04	-330	258	44.00	-131	-191	-263	-126	-362	58.00	-327	-447	-682	-1,018	-673
Cashflow From Financing	-2.7%	400	411	309	259	175	78.00	41.00	6.00	-69.01	-100	-82.59	-104	-28.44	-26.33	75.00	194	266	301	255	184	125

FSLR Income Statement

2023-06-30

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net sales	$ 810,673	$ 620,955	$ 1,358,959	$ 987,995
Cost of sales	500,253	644,155	936,488	999,732
Gross profit (loss)	310,420	(23,200)	422,471	(11,737)
Operating expenses:
Selling, general and administrative	46,328	38,894	90,356	75,622
Research and development	36,745	25,229	67,255	52,337
Production start-up	23,377	13,231	42,871	20,569
Litigation loss	35,590	0	35,590	0
Total operating expenses	142,040	77,354	236,072	148,528
Gain on sales of businesses, net	135	245,381	118	247,288
Operating income	168,515	144,827	186,517	87,023
Foreign currency loss, net	(4,652)	(2,984)	(10,599)	(7,182)
Interest income	25,026	2,880	50,848	5,205
Interest expense, net	(1,415)	(3,236)	(2,163)	(6,101)
Other income (expense), net	997	(1,883)	(459)	(2,095)
Income before taxes	188,471	139,604	224,144	76,850
Income tax expense	(17,892)	(83,799)	(11,004)	(64,300)
Net income	$ 170,579	$ 55,805	$ 213,140	$ 12,550
Net income per share:
Basic	$ 1.60	$ 0.52	$ 2.00	$ 0.12
Diluted	$ 1.59	$ 0.52	$ 1.99	$ 0.12
Weighted-average number of shares used in per share calculations:
Basic	106,827	106,586	106,791	106,500
Diluted	107,278	107,056	107,256	106,965

FSLR Balance Sheet

2023-06-30

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 829,913	$ 1,481,269
Marketable securities	1,054,044	1,096,712
Accounts receivable trade, net	631,335	324,337
Accounts receivable unbilled	37,084	30,654
Inventories	756,173	621,376
Other current assets	352,181	237,073
Total current assets	3,660,730	3,791,421
Property, plant and equipment, net	4,020,178	3,536,902
Deferred tax assets, net	126,234	78,680
Restricted marketable securities	194,650	182,070
Government grants receivable	225,121	0
Goodwill	28,646	14,462
Intangibles assets, net	70,435	31,106
Inventories	257,169	260,395
Other assets	414,003	356,192
Total assets	8,997,166	8,251,228
Current liabilities:
Accounts payable	245,834	341,409
Income taxes payable	29,067	29,397
Accrued expenses	303,322	382,782
Deferred revenue	390,231	263,215
Other current liabilities	122,160	21,245
Total current liabilities	1,090,614	1,038,048
Accrued solar module collection and recycling liability	132,061	128,114
Long-term debt	437,410	184,349
Deferred revenue	1,157,190	944,725
Other liabilities	140,253	119,937
Total liabilities	2,957,528	2,415,173
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 106,830,548 and 106,609,094 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	107	107
Additional paid-in capital	2,872,153	2,887,476
Accumulated earnings	3,353,429	3,140,289
Accumulated other comprehensive loss	(186,051)	(191,817)
Total stockholders' equity	6,039,638	5,836,055
Total liabilities and stockholders' equity	$ 8,997,166	$ 8,251,228

First Solar Inc Stock Research

Market Summary

FSLR Alerts

FSLR Stock Price

FSLR RSI Chart

FSLR Valuation

FSLR Price/Sales (Trailing)

FSLR Profitability

FSLR Fundamentals

FSLR Revenue

FSLR Earnings

Price Action

52 Week Range

FSLR Financial Health

FSLR Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for FSLR

Which funds bought or sold FSLR recently?

Latest Funds Activity

FSLR Alerts

Schedule 13G FIlings of First Solar

Recent SEC filings of First Solar

Peers (Alternatives to First Solar)

First Solar News

Returns for FSLR

Cumulative Returns on FSLR

Risks for FSLR

What is the probability of a big loss on FSLR?

How does FSLR drawdown profile look like?

Financials for First Solar

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)

FSLR Income Statement

FSLR Balance Sheet

About First Solar

Market Summary

FSLR Alerts

FSLR Stock Price

FSLR RSI Chart

FSLR Valuation

FSLR Price/Sales (Trailing)

FSLR Profitability

FSLR Fundamentals

FSLR Revenue

FSLR Earnings

Price Action

52 Week Range

FSLR Financial Health

FSLR Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for FSLR

Which funds bought or sold FSLR recently?

Latest Funds Activity

FSLR Alerts

Schedule 13G FIlings of First Solar

Recent SEC filings of First Solar

Peers (Alternatives to First Solar)

First Solar News

Returns for FSLR

Cumulative Returns on FSLR

Risks for FSLR

What is the probability of a big loss on FSLR?

How does FSLR drawdown profile look like?

Financials for First Solar

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

FSLR Income Statement

FSLR Balance Sheet

About First Solar

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)