First Solar, Inc. (FSLR)

Utilities · US stock

What changed this quarter

Debt-to-equity 0.1x → 0.0x

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Company overview

First Solar. A maker of US-made thin-film solar panels. It secured a competitive edge via IRA tax credits.

What is the Utilities sector?

Power, gas, and water. A regulated industry with stable dividends.

First Solar, Inc. is classified under the Utilities sector. See peers below.

First Solar, Inc. key financials

Based on SEC filings · latest quarter (TTM)

27.3%

33.1%

30.7%

16.0%

0.02x

Tap a metric name to see its meaning in the glossary.

First Solar, Inc. vs Utilities sector benchmark

Median of 15 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)

27.3%vs benchmark 8.3%↑ above

Operating margin

33.1%vs benchmark 24.5%↑ above

Net margin

30.7%vs benchmark 12.7%↑ above

ROE

16.0%vs benchmark 10.3%↑ above

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

ETFs holding First Solar, Inc.

Per SEC N-PORT · 2026-03-31 · by weight · factual

XLKState Street(R) Technology Select Sector SPDR(R) ETF

0.19%

RSPInvesco S&P 500 Equal Weight ETF

0.17%

VOOVANGUARD 500 INDEX FUND

0.04%

IVViShares Core S&P 500 ETF

0.04%

SPY

0.04%

ITOTiShares Core S&P Total U.S. Stock Market ETF

0.03%

VTIVANGUARD TOTAL STOCK MARKET INDEX FUND

0.03%

FSLR on Stocklore

Revenue by segment — segment weights verified from SEC filings, YoY changes, growth drivers and concentration
Financials & earnings quality — 6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
13F institutional holdings — holdings and weight changes of major institutions (45-day delay)
Sector-relative metrics — valuation and growth vs the Utilities average

See full FSLR analysis →

Peers · Utilities

AWK American Water Works Company, Inc NEE NextEra Energy, Inc.ENPH Enphase Energy, Inc.CEG Constellation Energy Corporation VST Vistra Corp.

FSLR FAQ

What is First Solar, Inc. (FSLR)?

First Solar. A maker of US-made thin-film solar panels. It secured a competitive edge via IRA tax credits.

What sector is First Solar, Inc. in?

First Solar, Inc. is classified under Utilities. Power, gas, and water. A regulated industry with stable dividends.

What are First Solar, Inc.'s key financials?

Based on the latest quarter (TTM) from SEC filings: Revenue growth (YoY) 27.3%, Operating margin 33.1%, Net margin 30.7%, ROE 16.0%, Debt-to-equity 0.02x. Definitions and interpretation are available on Stocklore.

Where can I analyze First Solar, Inc. (FSLR) stock?

On Stocklore you can see FSLR's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, 45-day delay), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.