First Solar annual r&d spending
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2025
First Solar R&D Spending Growth & History (FSLR)
First Solar's r&d spending was $233.4M for fiscal 2025.
View full First Solar company overviewFirst Solar annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $233.4M | $42.0M | +21.97% |
| 2024 | 2024-12-31 | $191.4M | $39.1M | +25.65% |
| 2023 | 2023-12-31 | $152.3M | $39.5M | +35.02% |
| 2022 | 2022-12-31 | $112.8M | $13.7M | +13.81% |
| 2021 | 2021-12-31 | $99.1M | $5.4M | +5.74% |
| 2020 | 2020-12-31 | $93.7M | −$2.9M | −2.97% |
| 2019 | 2019-12-31 | $96.6M | $12.1M | +14.37% |
| 2018 | 2018-12-31 | $84.5M | −$4.1M | −4.63% |
| 2017 | 2017-12-31 | $88.6M | −$36.2M | −29.01% |
| 2016 | 2016-12-31 | $124.8M | −$5.8M | −4.47% |
| 2015 | 2015-12-31 | $130.6M | −$13.4M | −9.29% |
| 2014 | 2014-12-31 | $144.0M | $9.7M | +7.20% |
| 2013 | 2013-12-31 | $134.3M | $1.8M | +1.39% |
| 2012 | 2012-12-31 | $132.5M | −$8.1M | −5.74% |
| 2011 | 2011-12-31 | $140.5M | $45.7M | +48.24% |
| 2010 | 2010-12-31 | $94.8M | $16.6M | +21.28% |
| 2009 | 2009-12-26 | $78.2M | $44.6M | +133.20% |
| 2008 | 2008-12-27 | $33.5M | $18.4M | +121.86% |
| 2007 | 2007-12-29 | $15.1M | — | — |
First Solar quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $76.2M | $21.8M | +39.93% |
| Q1 2026 | 2026-03-31 | $66.9M | $14.6M | +27.78% |
| Q4 2025 | 2025-12-31 | $66.0M | $19.5M | +41.84% |
| Q3 2025 | 2025-09-30 | $60.6M | $10.4M | +20.71% |
| Q2 2025 | 2025-06-30 | $54.5M | $2.5M | +4.91% |
| Q1 2025 | 2025-03-31 | $52.4M | $9.6M | +22.57% |
| Q4 2024 | 2024-12-31 | $46.5M | $2.6M | +6.01% |
| Q3 2024 | 2024-09-30 | $50.2M | $9.0M | +21.87% |
| Q2 2024 | 2024-06-30 | $51.9M | $15.2M | +41.34% |
| Q1 2024 | 2024-03-31 | $42.7M | $12.2M | +40.09% |
| Q4 2023 | 2023-12-31 | $43.9M | $12.6M | +40.21% |
| Q3 2023 | 2023-09-30 | $41.2M | $12.0M | +41.14% |
| Q2 2023 | 2023-06-30 | $36.7M | $11.5M | +45.65% |
| Q1 2023 | 2023-03-31 | $30.5M | $3.4M | +12.55% |
| Q4 2022 | 2022-12-31 | $31.3M | $1.4M | +4.70% |
| Q3 2022 | 2022-09-30 | $29.2M | $3.8M | +14.78% |
| Q2 2022 | 2022-06-30 | $25.2M | $1.3M | +5.41% |
| Q1 2022 | 2022-03-31 | $27.1M | $7.2M | +36.41% |
| Q4 2021 | 2021-12-31 | $29.9M | $7.2M | +31.81% |
| Q3 2021 | 2021-09-30 | $25.4M | $2.5M | +10.68% |
| Q2 2021 | 2021-06-30 | $23.9M | $1.5M | +6.46% |
| Q1 2021 | 2021-03-31 | $19.9M | −$5.7M | −22.41% |
| Q4 2020 | 2020-12-31 | $22.7M | −$2.8M | −10.84% |
| Q3 2020 | 2020-09-30 | $23.0M | −$1.9M | −7.79% |
| Q2 2020 | 2020-06-30 | $22.5M | −$1.9M | −7.84% |
| Q1 2020 | 2020-03-31 | $25.6M | $3.7M | +17.08% |
| Q4 2019 | 2019-12-31 | $25.4M | $4.0M | +18.88% |
| Q3 2019 | 2019-09-30 | $24.9M | $2.5M | +11.26% |
| Q2 2019 | 2019-06-30 | $24.4M | $4.0M | +19.76% |
| Q1 2019 | 2019-03-31 | $21.9M | $1.6M | +7.64% |
| Q4 2018 | 2018-12-31 | $21.4M | −$2.2M | −9.31% |
| Q3 2018 | 2018-09-30 | $22.4M | $1.5M | +7.39% |
| Q2 2018 | 2018-06-30 | $20.4M | −$971,000 | −4.55% |
| Q1 2018 | 2018-03-31 | $20.3M | −$2.5M | −10.86% |
| Q4 2017 | 2017-12-31 | $23.6M | −$5.9M | −19.98% |
| Q3 2017 | 2017-09-30 | $20.9M | −$11.3M | −35.19% |
| Q2 2017 | 2017-06-30 | $21.3M | −$11.6M | −35.19% |
| Q1 2017 | 2017-03-31 | $22.8M | −$7.4M | −24.47% |
| Q4 2016 | 2016-12-31 | $29.5M | −$7.3M | −19.76% |
| Q3 2016 | 2016-09-30 | $32.2M | $2.5M | +8.58% |
| Q2 2016 | 2016-06-30 | $32.9M | $3.5M | +11.71% |
| Q1 2016 | 2016-03-31 | $30.2M | −$4.6M | −13.15% |
| Q4 2015 | 2015-12-31 | $36.7M | $1.8M | +5.11% |
| Q3 2015 | 2015-09-30 | $29.6M | −$8.0M | −21.18% |
| Q2 2015 | 2015-06-30 | $29.5M | −$3.2M | −9.74% |
| Q1 2015 | 2015-03-31 | $34.8M | −$4.0M | −10.36% |
| Q4 2014 | 2014-12-31 | $34.9M | −$3.5M | −9.05% |
| Q3 2014 | 2014-09-30 | $37.6M | $2.6M | +7.46% |
| Q2 2014 | 2014-06-30 | $32.7M | $1.7M | +5.47% |
| Q1 2014 | 2014-03-31 | $38.8M | $8.8M | +29.54% |
| Q4 2013 | 2013-12-31 | $38.4M | $6.8M | +21.44% |
| Q3 2013 | 2013-09-30 | $35.0M | $2.6M | +8.07% |
| Q2 2013 | 2013-06-30 | $31.0M | −$1.4M | −4.33% |
| Q1 2013 | 2013-03-31 | $29.9M | −$6.2M | −17.05% |
| Q4 2012 | 2012-12-31 | $31.6M | −$6.3M | −16.53% |
| Q3 2012 | 2012-09-30 | $32.4M | −$5.8M | −15.18% |
| Q2 2012 | 2012-06-30 | $32.4M | −$737,000 | −2.23% |
| Q1 2012 | 2012-03-31 | $36.1M | $4.7M | +15.10% |
| Q4 2011 | 2011-12-31 | $37.9M | $10.3M | +37.34% |
| Q3 2011 | 2011-09-30 | $38.2M | $16.7M | +77.74% |
| Q2 2011 | 2011-06-30 | $33.1M | $10.3M | +44.96% |
| Q1 2011 | 2011-03-31 | $31.4M | $8.5M | +36.98% |
| Q4 2010 | 2010-12-31 | $27.6M | $3.9M | +16.38% |
| Q3 2010 | 2010-09-25 | $21.5M | −$2.7M | −11.04% |
| Q2 2010 | 2010-06-26 | $22.8M | $4.2M | +22.74% |
| Q1 2010 | 2010-03-27 | $22.9M | $11.2M | +95.56% |
| Q4 2009 | 2009-12-26 | $23.7M | — | — |
| Q3 2009 | 2009-09-26 | $24.1M | $14.2M | +142.52% |
| Q2 2009 | 2009-06-27 | $18.6M | $10.9M | +140.84% |
| Q1 2009 | 2009-03-28 | $11.7M | — | — |
| Q3 2008 | 2008-09-27 | $10.0M | — | — |
| Q2 2008 | 2008-06-28 | $7.7M | — | — |
First Solar r&d spending trends
Over the last five fiscal years, First Solar's r&d spending increased from $93.7M to $233.4M, a change of $139.7M. The latest reported quarter, Q2 2026, shows $76.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Solar source filings ↗