FSLR

First Solar

Technology Solar NASDAQ

About the company

First Solar, a global leader in the solar energy industry, has revolutionized the way electricity is generated by harnessing the power of sunlight through their innovative designs and cutting-edge technology. With a focus on utility-scale development projects, the company has established itself as a pioneer in the field of solar photovoltaic panels, modules, and systems. One of First Solar's groundbreaking achievements is the utilization of cadmium telluride (CdTe) as the primary material in their solar modules. This thin-film technology has proven to be highly efficient in converting sunlight into electricity, making it an ideal choice for large-scale solar installations. With its superior performance and cost-effectiveness, CdTe thin-film modules have become a game-changer in the solar energy market. As the largest manufacturer of thin-film solar modules in the world, First Solar operates multiple state-of-the-art production lines across different countries. These facilities, located in Vietnam, Malaysia, the United States, and India, are equipped with the latest manufacturing technologies and employ a highly skilled workforce. This global presence has enabled First Solar to meet the growing demand for renewable energy and contribute to the transition towards a more sustainable future. First Solar's commitment to excellence is reflected in their rigorous research and development efforts. The company continuously invests in advancing their technology, improving the efficiency and performance of their solar modules. Through ongoing innovation, they strive to make solar energy an even more viable and reliable alternative to traditional sources of electricity. In addition to their focus on utility-scale projects, First Solar also provides comprehensive solar solutions for various applications, including commercial and industrial installations. Their expertise extends beyond manufacturing as they offer complete system integration services, ensuring seamless implementation and maximum energy output. Beyond working towards a sustainable energy future, First Solar incorporates responsible and environmentally conscious practices into every aspect of their operations. They prioritize sustainability through every stage of the product lifecycle, from sourcing raw materials to manufacturing and recycling. Their commitment to minimizing the environmental impact of their activities has earned them numerous certifications and accolades. First Solar's contribution to the renewable energy sector goes beyond mere products and services. The company actively collaborates with governments, organizations, and research institutions worldwide, advocating for renewable energy policies and initiatives. Through these partnerships and collaborations, First Solar strives to create a global framework that encourages the adoption of clean energy solutions and drives progress towards a greener world. In conclusion, First Solar's relentless pursuit of excellence and commitment to sustainable energy has positioned them as a trailblazer in the solar industry. By utilizing cadmium telluride thin-film technology and leveraging their global manufacturing capabilities, the company continues to revolutionize the way we generate electricity. With a focus on utility-scale projects and a dedication to environmental responsibility, First Solar is driving the transition towards a cleaner and more sustainable future for generations to come.

Website: https://www.firstsolar.com

Data updated: June 12, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Technology · 874 peers in sector

Metric FSLR Sector median Vs. industry
P/E 16.95 32.63 ↓ Below average
EPS 15.47 USD -0.04 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 30.73% 0.00% ↑ Above average
ROE 18.44% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is First Solar?
First Solar, a global leader in the solar energy industry, has revolutionized the way electricity is generated by harnessing the power of sunlight through their innovative designs and cutting-edge technology. With a focus on utility-scale development projects, the company has established itself as a pioneer in the field of solar photovoltaic panels, modules, and systems. One of First Solar's groundbreaking achievements is the utilization of cadmium telluride (CdTe) as the primary material in their solar modules. This thin-film technology has proven to be highly efficient in converting sunlight into electricity, making it an ideal choice for large-scale solar installations. With its superior performance and cost-effectiveness, CdTe thin-film modules have become a game-changer in the solar energy market. As the largest manufacturer of thin-film solar modules in the world, First Solar operates multiple state-of-the-art production lines across different countries. These facilities, located in Vietnam, Malaysia, the United States, and India, are equipped with the latest manufacturing technologies and employ a highly skilled workforce. This global presence has enabled First Solar to meet the growing demand for renewable energy and contribute to the transition towards a more sustainable future. First Solar's commitment to excellence is reflected in their rigorous research and development efforts. The company continuously invests in advancing their technology, improving the efficiency and performance of their solar modules. Through ongoing innovation, they strive to make solar energy an even more viable and reliable alternative to traditional sources of electricity. In addition to their focus on utility-scale projects, First Solar also provides comprehensive solar solutions for various applications, including commercial and industrial installations. Their expertise extends beyond manufacturing as they offer complete system integration services, ensuring seamless implementation and maximum energy output. Beyond working towards a sustainable energy future, First Solar incorporates responsible and environmentally conscious practices into every aspect of their operations. They prioritize sustainability through every stage of the product lifecycle, from sourcing raw materials to manufacturing and recycling. Their commitment to minimizing the environmental impact of their activities has earned them numerous certifications and accolades. First Solar's contribution to the renewable energy sector goes beyond mere products and services. The company actively collaborates with governments, organizations, and research institutions worldwide, advocating for renewable energy policies and initiatives. Through these partnerships and collaborations, First Solar strives to create a global framework that encourages the adoption of clean energy solutions and drives progress towards a greener world. In conclusion, First Solar's relentless pursuit of excellence and commitment to sustainable energy has positioned them as a trailblazer in the solar industry. By utilizing cadmium telluride thin-film technology and leveraging their global manufacturing capabilities, the company continues to revolutionize the way we generate electricity. With a focus on utility-scale projects and a dedication to environmental responsibility, First Solar is driving the transition towards a cleaner and more sustainable future for generations to come.
Are First Solar shares expensive?
The price-to-earnings (P/E) ratio of First Solar is 16.95 — the share price is 16.95 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 32.63). This is information, not a recommendation. (as of 2026-06-12)
How big is First Solar?
The market capitalization of First Solar — the combined value of all its shares — is 28.17 B USD. The higher the market cap, the larger the company. (as of 2026-06-12)
Does First Solar pay dividends?
The dividend yield of First Solar is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-12)
What sector does First Solar belong to?
First Solar operates in the Technology sector, industry: Solar.

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