First Solar, Inc. (FSLR)

From the record

First Solar, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

First Solar, Inc.'s 10 filed years say what it did: revenue went from $2.9 billion in fiscal 2016 to $5.2 billion in fiscal 2025, up 6.7% a year; it rose in 6 of 9 years; the deepest fall was 24% from fiscal 2017 to fiscal 2018; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, First Solar, Inc.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 164 sales (85 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, First Solar, Inc. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

From the record

First Solar, Inc.'s standing among 97 graded names in its industry family: revenue of $5.2 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 29.3% ranks in the top 11%; revenue growth of 25.8% a year over the last 3 filed years ranks in the top 16% (its annual reports).

From the record

First Solar, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Widmar, Mark R (Chief Executive Officer, as filed), filing under that title since 2016-07-06, 10.4 years (top 20% of its family); the 20 officers and directors filing in the last fifteen months have been on the record a median of 6.3 years (top 49%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (top 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

First Solar, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2.8 billion against debt of $499 million leaves 17.3% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 22.7% of revenue (top 14%); a gross margin of 40.6% (bottom 49%); research spending of 4.5% of revenue (bottom 15%) (its annual report).

From the record

First Solar, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 25.8% a year over the last three filed years against 6.7% over all 10, speeding up (top 10% of its family); the newest year grew 24.1% (top 34%); research spending grew 27.4% a year (top 10%); capital spending grew -1.3% a year (bottom 38%) (its annual reports). First Solar, Inc. reported 2 lines of business in fiscal 2024: Modules at $4.2 billion, Other at $4 million. 1 of 2 grew in the latest filed year, and the largest line is 100% of revenue (its annual report).

From the record

First Solar, Inc.'s newest year against its own record: revenue of $5.2 billion in fiscal 2025 came in 2.1% below the $5.3 billion its prior three years' pace pointed to (bottom 21% of its family); net income of $1.5 billion against a prior three-year average of $693 million (top 14%); a net margin of 29.3% against 18% before (top 28%) (its annual reports).