Excluded
DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
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-Positive free-cash-flow history is shorter than two years.
F
TechnologySolarUnited States
FSLR.US · First Solar, Inc.
NMS · US · USD
Latest price190.57 USD
30D+6%
Vs. base value+13.2%
Research summary
FSLR.US latest organized financial period shows revenue grew +24.09% YoY and net income grew +18.28% YoY. Current price is about 191 USD, while the model base case is about 168 USD; the current price sits +13.2% versus the base case. This summary is intended for public-information research and model review.
Key financial trend
Annual financial metrics with switchable views. · Unit: USD
Revenue5B USD
Net income2B USD
Free cash flow1B USD
Operating cash flow2B USD
Price trend
Price date: 2026/04/28 · Updated: 2026/04/29 07:28
Valuation model range
Hover each model row to inspect formulas and inputs.
Current price190.57 USD
Base value168.39 USD
Vs. base+13.2%
Price date2026/04/28
168.39 USD168.39 USD168.39 USD
+13.17%
Calculated
Owner Earnings
Uses recent net income as an owner-earnings proxy and discounts scenario growth.
255.35 USD410.41 USD533.18 USD
-53.57%
410.41 USDCurrent price is 53.6% below the base model value.
Calculated
Reverse DCF
Solves the forward FCF growth rate implied by the current price.
Implied growth4.1%
Current price implies roughly 4.1% annualized FCF growth.
4.1%Current price implies roughly 4.1% annualized FCF growth.
Calculated
Earnings Power Value
Estimates earnings power value without assuming growth.
99.92 USD99.92 USD99.92 USD
+90.72%
99.92 USDCurrent price is 90.7% above the base model value.
Updated: 2026/04/29 07:28
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Quarterly and annual financial table
Financial DetailsShowing latest 5 / 9
| Period | Type | Revenue | Net Income | Free Cash Flow | Diluted EPS |
|---|---|---|---|---|---|
| 2025/12/30 | Annual | 5B USD | 2B USD | 1B USD | 14.21 |
| 2024/12/30 | Annual | 4B USD | 1B USD | -308M USD | 12.02 |
| 2023/12/30 | Annual | 3B USD | 831M USD | -785M USD | 7.74 |
| 2022/12/30 | Annual | 3B USD | -44M USD | -30M USD | -0.41 |
| 2021/12/30 | Annual | - | - | - | - |
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