First Solar annual operating expenses
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First Solar Operating Expenses Growth & History (FSLR)
First Solar's operating expenses was $523.5M for fiscal 2025.
View full First Solar company overviewFirst Solar annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $523.5M | $58.9M | +12.68% |
| 2024 | 2024-12-31 | $464.6M | $14.3M | +3.17% |
| 2023 | 2023-12-31 | $450.3M | $99.7M | +28.43% |
| 2022 | 2022-12-31 | $350.6M | $60.1M | +20.70% |
| 2021 | 2021-12-31 | $290.5M | −$72.7M | −20.02% |
| 2020 | 2020-12-31 | $363.2M | −$347.8M | −48.92% |
| 2019 | 2019-12-31 | $711.0M | $358.9M | +101.95% |
| 2018 | 2018-12-31 | $352.1M | −$19.0M | −5.13% |
| 2017 | 2017-12-31 | $371.1M | −$835.5M | −69.24% |
| 2016 | 2016-12-31 | $1.21B | $804.0M | +199.69% |
| 2015 | 2015-12-31 | $402.6M | −$339,000 | −0.08% |
| 2014 | 2014-12-31 | $402.9M | −$91.3M | −18.47% |
| 2013 | 2013-12-31 | $494.2M | −$396.1M | −44.49% |
| 2012 | 2012-12-31 | $890.3M | −$150.1M | −14.43% |
| 2011 | 2011-12-31 | $1.04B | $604.5M | +138.66% |
| 2010 | 2010-12-31 | $435.9M | $71.0M | +19.45% |
| 2009 | 2009-12-26 | $365.0M | $124.9M | +52.04% |
| 2008 | 2008-12-27 | $240.1M | $125.8M | +110.16% |
| 2007 | 2007-12-29 | $114.2M | — | — |
First Solar quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $154.6M | $16.4M | +11.85% |
| Q1 2026 | 2026-03-31 | $140.8M | $17.7M | +14.35% |
| Q4 2025 | 2025-12-31 | $117.4M | $6.5M | +5.89% |
| Q3 2025 | 2025-09-30 | $144.7M | $21.3M | +17.30% |
| Q2 2025 | 2025-06-30 | $138.2M | $11.9M | +9.39% |
| Q1 2025 | 2025-03-31 | $123.2M | $19.2M | +18.45% |
| Q4 2024 | 2024-12-31 | $110.9M | $89,000 | +0.08% |
| Q3 2024 | 2024-09-30 | $123.3M | $19.9M | +19.23% |
| Q2 2024 | 2024-06-30 | $126.4M | −$15.7M | −11.03% |
| Q1 2024 | 2024-03-31 | $104.0M | $9.9M | +10.58% |
| Q4 2023 | 2023-12-31 | $110.8M | $4.0M | +3.79% |
| Q3 2023 | 2023-09-30 | $103.4M | $8.1M | +8.50% |
| Q2 2023 | 2023-06-30 | $142.0M | $64.7M | +83.62% |
| Q1 2023 | 2023-03-31 | $94.0M | $22.9M | +32.12% |
| Q4 2022 | 2022-12-31 | $106.8M | $33.4M | +45.59% |
| Q3 2022 | 2022-09-30 | $95.3M | $23.5M | +32.67% |
| Q2 2022 | 2022-06-30 | $77.4M | $15.4M | +24.77% |
| Q1 2022 | 2022-03-31 | $71.2M | −$12.1M | −14.57% |
| Q4 2021 | 2021-12-31 | $73.3M | −$28.8M | −28.17% |
| Q3 2021 | 2021-09-30 | $71.8M | −$14.0M | −16.31% |
| Q2 2021 | 2021-06-30 | $62.0M | −$24.6M | −28.38% |
| Q1 2021 | 2021-03-31 | $83.3M | −$5.4M | −6.05% |
| Q4 2020 | 2020-12-31 | $102.1M | −$349.3M | −77.39% |
| Q3 2020 | 2020-09-30 | $85.9M | −$11.2M | −11.55% |
| Q2 2020 | 2020-06-30 | $86.6M | $798,000 | +0.93% |
| Q1 2020 | 2020-03-31 | $88.7M | $11.9M | +15.55% |
| Q4 2019 | 2019-12-31 | $451.4M | $364.1M | +417.08% |
| Q3 2019 | 2019-09-30 | $97.1M | $26.4M | +37.38% |
| Q2 2019 | 2019-06-30 | $85.8M | −$9.8M | −10.26% |
| Q1 2019 | 2019-03-31 | $76.8M | −$21.8M | −22.11% |
| Q4 2018 | 2018-12-31 | $87.3M | −$9.8M | −10.13% |
| Q3 2018 | 2018-09-30 | $70.7M | −$14.2M | −16.69% |
| Q2 2018 | 2018-06-30 | $95.6M | −$1.4M | −1.43% |
| Q1 2018 | 2018-03-31 | $98.5M | $6.4M | +6.89% |
| Q4 2017 | 2017-12-31 | $97.1M | −$731.9M | −88.28% |
| Q3 2017 | 2017-09-30 | $84.8M | −$12.8M | −13.09% |
| Q2 2017 | 2017-06-30 | $97.0M | −$85.3M | −46.81% |
| Q1 2017 | 2017-03-31 | $92.2M | −$5.5M | −5.64% |
| Q4 2016 | 2016-12-31 | $829.0M | $729.4M | +732.20% |
| Q3 2016 | 2016-09-30 | $97.6M | $11.0M | +12.76% |
| Q2 2016 | 2016-06-30 | $182.3M | $74.9M | +69.81% |
| Q1 2016 | 2016-03-31 | $97.7M | −$11.4M | −10.45% |
| Q4 2015 | 2015-12-31 | $99.6M | −$9.5M | −8.74% |
| Q3 2015 | 2015-09-30 | $86.5M | −$19.0M | −17.99% |
| Q2 2015 | 2015-06-30 | $107.3M | $16.5M | +18.20% |
| Q1 2015 | 2015-03-31 | $109.1M | $11.7M | +11.96% |
| Q4 2014 | 2014-12-31 | $109.2M | −$19.8M | −15.36% |
| Q3 2014 | 2014-09-30 | $105.5M | −$50.6M | −32.41% |
| Q2 2014 | 2014-06-30 | $90.8M | −$10.2M | −10.08% |
| Q1 2014 | 2014-03-31 | $97.4M | −$10.7M | −9.88% |
| Q4 2013 | 2013-12-31 | $129.0M | $7.4M | +6.12% |
| Q3 2013 | 2013-09-30 | $156.1M | $24.5M | +18.58% |
| Q2 2013 | 2013-06-30 | $101.0M | −$3.1M | −2.96% |
| Q1 2013 | 2013-03-31 | $108.1M | −$424.9M | −79.72% |
| Q4 2012 | 2012-12-31 | $121.5M | −$501.9M | −80.51% |
| Q3 2012 | 2012-09-30 | $131.7M | −$24.8M | −15.82% |
| Q2 2012 | 2012-06-30 | $104.1M | −$26.2M | −20.10% |
| Q1 2012 | 2012-03-31 | $533.0M | $402.7M | +309.13% |
| Q4 2011 | 2011-12-31 | $623.4M | $492.4M | +375.65% |
| Q3 2011 | 2011-09-30 | $156.4M | $46.2M | +41.87% |
| Q2 2011 | 2011-06-30 | $130.3M | $26.5M | +25.59% |
| Q1 2011 | 2011-03-31 | $130.3M | $39.4M | +43.33% |
| Q4 2010 | 2010-12-31 | $131.1M | $9.6M | +7.89% |
| Q3 2010 | 2010-09-25 | $110.3M | $28.1M | +34.13% |
| Q2 2010 | 2010-06-26 | $103.7M | $9.7M | +10.28% |
| Q1 2010 | 2010-03-27 | $90.9M | $23.7M | +35.20% |
| Q4 2009 | 2009-12-26 | $121.5M | — | — |
| Q3 2009 | 2009-09-26 | $82.2M | $16.9M | +25.90% |
| Q2 2009 | 2009-06-27 | $94.1M | $38.1M | +68.04% |
| Q1 2009 | 2009-03-28 | $67.2M | — | — |
| Q3 2008 | 2008-09-27 | $65.3M | — | — |
| Q2 2008 | 2008-06-28 | $56.0M | — | — |
First Solar operating expenses trends
Over the last five fiscal years, First Solar's operating expenses increased from $363.2M to $523.5M, a change of $160.3M. The latest reported quarter, Q2 2026, shows $154.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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