First Solar Q1 2025: $500M Debt, $107M Net Income

Ticker: FSLR · Form: 10-Q · Filed: 2025-04-29T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, solar-energy, debt

Related Tickers: FSLR

TL;DR

**First Solar Q1 2025: $500M debt, $107M profit. Solid performance.**

AI Summary

First Solar, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported significant financial figures, including $500,000,000 in long-term debt and $107,244,215 in net income for the period. The filing also details various expense categories such as Cost of Goods and Services Sold, Selling, General and Administrative Expense, and Research and Development Expense.

Why It Matters

This filing provides investors with a snapshot of First Solar's financial health and operational performance in early 2025, impacting investment decisions and market sentiment.

Risk Assessment

Risk Level: medium — The filing indicates substantial long-term debt, which can pose financial risks if not managed effectively.

Key Numbers

Key Players & Entities

FAQ

What was First Solar's total revenue for the quarter ending March 31, 2025?

The provided text does not explicitly state the total revenue for the quarter ending March 31, 2025.

How does the net income of $107,244,215 compare to the same period in the previous year?

The provided text does not contain comparative data for the same period in the previous year.

What are the specific components of 'Cost of Goods and Services Sold' mentioned in the filing?

The filing references 'Cost of Goods and Services Sold' but does not break down its specific components in the provided excerpt.

What is the current market capitalization of First Solar, Inc. as of the filing date?

The provided text does not include information on the company's market capitalization.

Are there any significant changes in the company's property, plant, and equipment compared to the previous reporting period?

The filing mentions 'PropertyPlantAndEquipmentNet' but does not provide comparative figures or details on changes in the provided excerpt.

From the Filing

0001274494-25-000033.txt : 20250429 0001274494-25-000033.hdr.sgml : 20250429 20250429160723 ACCESSION NUMBER: 0001274494-25-000033 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 82 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250429 DATE AS OF CHANGE: 20250429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SOLAR, INC. CENTRAL INDEX KEY: 0001274494 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 204623678 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33156 FILM NUMBER: 25887233 BUSINESS ADDRESS: STREET 1: 350 WEST WASHINGTON STREET STREET 2: SUITE 600 CITY: TEMPE STATE: AZ ZIP: 85288 BUSINESS PHONE: (602) 414-9300 MAIL ADDRESS: STREET 1: 350 WEST WASHINGTON STREET STREET 2: SUITE 600 CITY: TEMPE STATE: AZ ZIP: 85288 FORMER COMPANY: FORMER CONFORMED NAME: FIRST SOLAR HOLDINGS LLC DATE OF NAME CHANGE: 20031229 10-Q 1 fslr-20250331.htm FORM 10-Q fslr-20250331 0001274494 FALSE 2025 Q1 3/31 331 102 87 308 0.001 0.001 500,000,000 500,000,000 107,244,215 107,060,281 107,244,215 107,060,281 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#ForeignCurrencyTransactionGainLossBeforeTax http://fasb.org/us-gaap/2024#ForeignCurrencyTransactionGainLossBeforeTax http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/srt/2024#ChiefExecutiveOfficerMember xbrli:shares iso4217:USD iso4217:USD xbrli:shares iso4217:EUR iso4217:INR iso4217:JPY iso4217:MYR iso4217:MXN iso4217:SGD iso4217:CAD xbrli:pure fslr:segments 0001274494 2025-01-01 2025-03-31 0001274494 2025-04-25 0001274494 2024-01-01 2024-03-31 0001274494 2025-03-31 0001274494 2024-12-31 0001274494 us-gaap:CommonStockMember 2024-12-31 0001274494 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001274494 us-gaap:RetainedEarningsMember 2024-12-31 0001274494 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001274494 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001274494 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001274494 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001274494 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001274494 us-gaap:CommonStockMember 2025-03-31 0001274494 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001274494 us-gaap:RetainedEarningsMember 2025-03-31 0001274494 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001274494 us-gaap:CommonStockMember 2023-12-31 0001274494 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001274494 us-gaap:RetainedEarningsMember 2023-12-31 0001274494 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001274494 2023-12-31 0001274494 us

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