First Solar
At a glance
First Solar reported 2025 revenue of $5.22B, up 24.1% from $4.21B in 2024. Over 4 years since 2021 ($2.92B), that is growth of about 15.6% a year. Operating margin was 30.6%, up from 20.1% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2022.
In the last 12 months 13 insiders reported 0 open-market purchases and 69 sales ($43.4M). 25 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $9.9M by Chief Commercial Officer Georges Antoun on Nov 6, 2025.
First Solar filed 6 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), shareholder vote results (1), material agreement (1) and agreement terminated (1). It reported a material agreement or a completed acquisition or disposal 1 time.
3 of the 20 investors tracked here held First Solar at the last quarter end, worth $71.3M combined. It is the largest weight for National Pension Service (Korea) (0% of its portfolio), followed by Soros Fund Management (0%). New this quarter: Soros Fund Management. Added: National Pension Service (Korea). Reduced: Renaissance Technologies.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $468.7M | -$44.2M | $830.8M | $1.29B | $1.53B |
| Diluted EPS | $4.38 | $-0.41 | $7.74 | $12.02 | $14.21 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Showing the latest 60.
Source: SEC EDGAR. How figures are combined