FINHUB Insights

FSLR · Q4 FY25 · Oct 1 – Dec 31, 2025

First Solar Q4 FY25: where the revenue came from and where it went

First Solar Q4 FY25: revenue $1.7B (+11% year over year). Net profit $0.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 24, 2026 10-K
Sankey diagram of First Solar's income statement for Q4 FY25: revenue of $1.68 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.68B +11% year over year
Gross profit$0.67B 40% margin
Operating profit$0.55B 33% margin
Net profit$0.52B 31% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1.68 100% +11%
Cost of revenue−1.0260%
Gross profit0.6740% margin+2pp
R&D−0.074%+1pp
SG&A−0.053%+0pp
Operating profit0.5533% margin+2pp
Tax−0.03
Net profit0.5231%+5pp
Filing on EDGAR More quarters of FSLR

Source of the numbers: tables in the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.