FSLR (First Solar) Gross Profit: $2,367 Mil (TTM As of Jun. 2026)

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FSLR First Solar Inc FSLR
90 GF Score
Price $211.15
GF Value $264.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is First Solar Gross Profit?

First Solar FSLR +2.50% 90 Gross Profit is $2,367 Mil as of Jun. 2026. GuruFocus rates FSLR with a GF Score™ of 90/100 and a GF Value™ of $264.51 (Modestly Undervalued). The stock has 5 warning signs investors should review.

First Solar's gross profit for the three months ended in Jun. 2026 was $605 Mil. First Solar's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $2,367 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Solar's gross profit for the three months ended in Jun. 2026 was $605 Mil. First Solar's Revenue for the three months ended in Jun. 2026 was $1,056 Mil. Therefore, First Solar's Gross Margin % for the quarter that ended in Jun. 2026 was 57.28%.

First Solar had a gross margin of 57.28% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of First Solar was 44.17%. The lowest was 2.67%. And the median was 23.48%.


First Solar  (NAS:FSLR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

First Solar had a gross margin of 57.28% for the quarter that ended in Jun. 2026 => Durable competitive advantage


First Solar Gross Profit Related Terms


First Solar Gross Profit Historical Data

* Premium members only.

The historical data trend for First Solar's Gross Profit 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 Gross Profit Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 729.95 69.86 1,300.68 1,857.86 2,120.34

First Solar Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 499.85 610.75 665.34 486.13 605.00

FSLR vs NXT, ENPH, SEDG: Gross Profit Comparison

For the Solar subindustry, First Solar's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Semiconductors Industry

For the Semiconductors industry and Technology sector, First Solar's Gross Profit distribution charts can be found below:

* The bar in red indicates where First Solar's Gross Profit falls into.


FSLR
90GF Score
First Solar Inc FSLR
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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First Solar Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

First Solar's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=5219.376 - 3099.037
=2,120

First Solar's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=1056.193 - 451.189
=605

Gross Profit 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 $2,367 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

First Solar's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=605 / 1056.193
=57.28 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $2,367 Mil mean?
First Solar (FSLR) has a Gross Profit of $2,367 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on First Solar and its competitors.
Is First Solar's Gross Profit too high?
First Solar's current Gross Profit is $2,367 Mil. Overall, First Solar has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Solar's Gross Profit compare to NXT and ENPH?
First Solar's Gross Profit of $2,367 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Semiconductors company?
A good Gross Profit depends on the Semiconductors industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on First Solar and its competitors. First Solar's current Gross Profit is $2,367 Mil. 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?
Based on GuruFocus' analysis, First Solar (FSLR) is currently considered Modestly Undervalued. The stock's GF Value™ is $264.51, compared to a current price of $211.15 — trading 20.2% below its estimated fair value. The current Gross Profit is $2,367 Mil. First Solar's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For First Solar (FSLR), the current Gross Profit is $2,367 Mil 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 (FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of $211.15 is trading 20.2% below its estimated GF Value™ of $264.51. GuruFocus considers First Solar to be Modestly Undervalued.

Key valuation signals for FSLR:

  • Gross Profit: $2,367 Mil
  • GF Value™: $264.51 vs. price of $211.15 (20.2% below fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the 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

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$211.15
Price
$264.51
GF Value