First Solar (XSWX:FSLR) Tax Rate %: 2.18% (As of Mar. 2026)

What is First Solar Tax Rate %?

First Solar XSWX:FSLR 91 Tax Rate % is 2.18% as of Mar. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF216.07. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Solar's Tax Expense for the three months ended in Mar. 2026 was CHF6 Mil. First Solar's Pre-Tax Income for the three months ended in Mar. 2026 was CHF279 Mil. Therefore, First Solar's Tax Rate % for the quarter that ended in Mar. 2026 was 2.18%.

First Solar Tax Rate % Related Terms

First Solar Tax Rate % Historical Data

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The historical data trend for First Solar's Tax Rate % 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 Tax Rate % Chart

First Solar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Tax Rate %

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18.08

613.67

6.79

8.13

3.33

First Solar Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Tax Rate %	Get a 7-Day Free Trial															3.47	2.92	0.96	5.52	2.18

91GF Score

First Solar Inc XSWX:FSLR

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

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First Solar Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

First Solar's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2025 )	/	Pre-Tax Income (A: Dec. 2025 )
	=	41.984	/	1259.83
	=	3.33 %

First Solar's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2026 )	/	Pre-Tax Income (Q: Mar. 2026 )
	=	6.074	/	278.967
	=	2.18 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 2.18% mean?

First Solar (XSWX:FSLR) has a Tax Rate % of 2.18% as of Mar. 2026.

Is First Solar's Tax Rate % too high?

First Solar's current Tax Rate % is 2.18%. 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 Tax Rate % compare to NXT and ENPH?

First Solar's Tax Rate % of 2.18% 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 Tax Rate % for a Semiconductors company?

A good Tax Rate % depends on the Semiconductors industry context. However, Tax Rate % 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 Tax Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. First Solar's current Tax Rate % is 2.18%. 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 Tax Rate % of 2.18%. The stock's GF Value™ is CHF216.07, compared to a current price of CHF182.84 — trading 15.4% below its estimated fair value. The current Tax Rate % is 2.18%. First Solar's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Tax Rate % is 2.18% 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 CHF182.84 is trading 15.4% below its estimated GF Value™ of CHF216.07.

Key valuation signals for XSWX:FSLR:

Tax Rate %: 2.18%
GF Value™: CHF216.07 vs. price of CHF182.84 (15.4% below fair value)
GF Score™: 91/100 with 5 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

Industry Technology Semiconductors

Comparable Companies NXT ENPH RUN SEDG SHLS ARRY CSIQ JKS TOYO TYGO NSE:WAAREEENER SHSE:600438 SZSE:002056 SHSE:688223 SHSE:688472 NSE:PREMIERENE SHSE:688599 SHSE:600732 SZSE:002459 XKRX:009830

Other Exchanges FSLR:USA FSLR:Mexico 1FSLR:Italy 0R06:UK F3A:Germany FSLR34:Brazil FSLR:Austria FSLR:Argentina

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018

Website https://www.firstsolar.com

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

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

CHF182.84

Price

CHF216.07

GF Value

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