First Solar (XSWX:FSLR) Revenue: CHF4,325 Mil (TTM As of Mar. 2026)


XSWX:FSLR First Solar Inc XSWX:FSLR
91 GF Score
Price CHF189.38
GF Value CHF216.66
! 4 Warning Signs
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What is First Solar Revenue?

First Solar XSWX:FSLR 91 Revenue is CHF4,325 Mil as of Mar. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF216.66. The stock has 4 warning signs investors should review.

First Solar's revenue for the three months ended in Mar. 2026 was CHF822 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF4,325 Mil. First Solar's Revenue per Share for the three months ended in Mar. 2026 was CHF7.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF40.20.

During the past 12 months, the average Revenue per Share Growth Rate of First Solar was 27.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 25.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.50% 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 other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, First Solar's highest 3-Year average Revenue per Share Growth Rate was 378.20% per year. The lowest was -19.40% per year. And the median was 8.90% per year.


First Solar  (XSWX:FSLR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


First Solar Revenue Related Terms


First Solar Revenue Historical Data

* Premium members only.

The historical data trend for First Solar's Revenue 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 Revenue Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,692.43 2,440.16 2,869.93 3,750.33 4,159.32

First Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 746.26 892.22 1,269.67 1,341.01 822.13

XSWX:FSLR vs NXT, ENPH, RUN: Revenue Comparison

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

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

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


XSWX:FSLR
91GF Score
First Solar Inc XSWX:FSLR
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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First Solar Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF4,325 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of CHF4,325 Mil mean?
First Solar (XSWX:FSLR) has a Revenue of CHF4,325 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on First Solar and its competitors.
Is First Solar's Revenue too high?
First Solar's current Revenue is CHF4,325 Mil. Overall, First Solar has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Revenue compare to NXT and ENPH?
First Solar's Revenue of CHF4,325 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 Revenue for a Semiconductors company?
A good Revenue depends on the Semiconductors industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on First Solar and its competitors. First Solar's current Revenue is CHF4,325 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?
First Solar (XSWX:FSLR) has a current Revenue of CHF4,325 Mil. The stock's GF Value™ is CHF216.66, compared to a current price of CHF189.38 — trading 12.6% below its estimated fair value. The current Revenue is CHF4,325 Mil. First Solar's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Revenue is CHF4,325 Mil as of Mar. 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 CHF189.38 is trading 12.6% below its estimated GF Value™ of CHF216.66.

Key valuation signals for XSWX:FSLR:

  • Revenue: CHF4,325 Mil
  • GF Value™: CHF216.66 vs. price of CHF189.38 (12.6% below fair value)
  • GF Score™: 91/100 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.
91GF Score

Get the complete analysis for XSWX:FSLR

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

CHF189.38
Price
CHF216.66
GF Value