First Solar (XSWX:FSLR) Operating Cash Flow per Share: CHF15.97 (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:FSLR First Solar Inc XSWX:FSLR
90 GF Score
Price CHF164.48
GF Value CHF207.22
! 4 Warning Signs
View Full Analysis

What is First Solar Operating Cash Flow per Share?

First Solar XSWX:FSLR -1.59% 90 Operating Cash Flow per Share is CHF15.97 as of Jun. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 90/100 and a GF Value™ of CHF207.22. The stock has 4 warning signs investors should review. Among 732 Semiconductors companies, First Solar ranks better than 81.01% on this metric.

First Solar's operating cash flow per share for the three months ended in Jun. 2026 was CHF-1.08. First Solar's operating cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was CHF15.97.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of First Solar was 623.10% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 32.60% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 101.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for First Solar's Operating Cash Flow per Share or its related term are showing as below:

XSWX:FSLR' s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -70   Med: 12.25   Max: 279.7
Current: 32.6

During the past 13 years, First Solar's highest 3-Year average Operating Cash Flow per Share Growth Rate was 279.70% per year. The lowest was -70.00% per year. And the median was 12.25% per year.

XSWX:FSLR's 3-Year OCF Growth Rate is ranked better than
81.01% of 732 companies
in the Semiconductors industry
Industry Median: 1.2 vs XSWX:FSLR: 32.60

First Solar Operating Cash Flow per Share Related Terms


First Solar Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for First Solar's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Solar Operating Cash Flow per Share Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 7.64 4.85 10.10 15.24

First Solar Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 9.43 9.19 -1.57 -1.08

XSWX:FSLR vs NXT, ENPH, RUN: Operating Cash Flow per Share Comparison

For the Solar subindustry, First Solar's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Solar Price-to-Operating-Cash-Flow vs Semiconductors Industry

For the Semiconductors industry and Technology sector, First Solar's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where First Solar's Price-to-Operating-Cash-Flow falls into.


XSWX:FSLR
90GF Score
First Solar Inc XSWX:FSLR
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Solar Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

First Solar's Operating Cash Flow per Share for the fiscal year that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (A: Dec. 2025 )=Cash Flow from Operations (A: Dec. 2025 )/Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=1639.307/107.537
=15.24

First Solar's Operating Cash Flow per Share for the quarter that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (Q: Jun. 2026 )=Cash Flow from Operations (Q: Jun. 2026 )/Shares Outstanding (Diluted Average) (Q: Jun. 2026 )
=-115.819/107.732
=-1.08

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF15.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of CHF15.97 mean?
First Solar (XSWX:FSLR) has a Operating Cash Flow per Share of CHF15.97 as of Jun. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on First Solar and its competitors. According to the industry distribution chart, First Solar ranks #139 out of 732 companies in the Semiconductors industry, placing it in the top 19%.
Is First Solar's Operating Cash Flow per Share too high?
First Solar's current Operating Cash Flow per Share is CHF15.97. Based on the distribution chart, First Solar ranks #139 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, First Solar has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Operating Cash Flow per Share compare to NXT and ENPH?
According to the Semiconductors industry distribution chart, First Solar ranks #139 out of 732 companies for Operating Cash Flow per Share. This places First Solar in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Cash Flow per Share is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for a Semiconductors company?
The median Operating Cash Flow per Share among Semiconductors companies is 1.20, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on First Solar and its competitors. For the Semiconductors industry, the median Operating Cash Flow per Share is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Solar's current Operating Cash Flow per Share is CHF15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
First Solar (XSWX:FSLR) has a current Operating Cash Flow per Share of CHF15.97. The stock's GF Value™ is CHF207.22, compared to a current price of CHF164.48 — trading 20.6% below its estimated fair value. The current Operating Cash Flow per Share is CHF15.97. First Solar's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Operating Cash Flow per Share is CHF15.97 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Solar (XSWX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of CHF164.48 is trading 20.6% below its estimated GF Value™ of CHF207.22.

Key valuation signals for XSWX:FSLR:

  • Operating Cash Flow per Share: CHF15.97
  • GF Value™: CHF207.22 vs. price of CHF164.48 (20.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the XSWX:FSLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Solar Business Description

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
90GF Score

Get the complete analysis for XSWX:FSLR

Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF164.48
Price
CHF207.22
GF Value