The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Gain on sales of businesses, net | - | 0 | 0 | 0 |
| Net income | 455,943 | 341,868 | 209,535 | 393,116 |
| Depreciation, amortization and accretion | 138,062 | 124,647 | 125,876 | 124,419 |
| Share-based compensation | 7,319 | 6,810 | 2,584 | 6,117 |
| Deferred income taxes | 20,616 | 1,121 | 4,740 | 30,589 |
| Other, net | 21,047 | -1,474 | 8,645 | 8,744 |
| Impairments and net losses on disposal of long-lived assets | - | - | - | 1,360 |
| Accounts receivable, trade | -220,169 | 110,314 | 306,822 | 436,513 |
| Liabilities assumed by customers for the sale of systems | - | - | - | 0 |
| Inventories | -323,102 | 121,000 | 202,781 | -157,568 |
| Government grants receivable | 264,591 | 78,301 | 99,118 | -329,481 |
| Other assets | 44,069 | -8,537 | 114,627 | 128,236 |
| Income tax receivable and payable | -4,986 | -33,770 | -5,928 | 11,713 |
| Accounts payable and accrued expenses | -79,075 | 60,678 | -145,797 | 277,684 |
| Deferred revenue | 449,529 | -95,483 | -91,169 | 13,857 |
| Gain on debt forgiveness | - | - | - | 0 |
| Other liabilities | 30,551 | 46,258 | 6,880 | 21,097 |
| Proceeds from sales of businesses, net of cash and restricted cash sold | - | - | - | 0 |
| Net cash provided by operating activities | 1,273,617 | 149,577 | -607,982 | 810,996 |
| Purchases of property, plant and equipment | 204,048 | 288,134 | 205,966 | 313,539 |
| Acquisitions, net of cash acquired | - | - | - | 0 |
| Purchases of marketable securities and restricted marketable securities | 376,849 | 540,975 | 389,832 | 501,333 |
| Proceeds from sales and maturities of marketable securities | 357,216 | 564,765 | 502,937 | 593,860 |
| Other investing activities | 4,050 | -2,350 | -4,652 | 374 |
| Net cash used in investing activities | -227,731 | -261,994 | -88,209 | -221,386 |
| Proceeds from borrowings under debt arrangements, net of issuance costs | 96,774 | 119,933 | 92,340 | 30,807 |
| Repayment of debt | 113,493 | 67,613 | 176,409 | 0 |
| Proceeds from other borrowings | 92,873 | 394,450 | - | - |
| Repayment of other borrowings | 298,407 | - | - | - |
| Payments of tax withholdings for restricted shares | 43 | 15 | 15,421 | 34 |
| Contingent consideration payment and other financing activities | -261 | -137 | -129 | -45 |
| Net cash provided by (used in) financing activities | -222,557 | 446,618 | -99,619 | 30,728 |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents | -1,448 | 1,862 | 1,607 | -3,582 |
| Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents | 821,881 | -458,140 | - | - |
| Cash and cash equivalents at beginning of period | 1,638,223 | - | - | - |
| Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents | - | - | -794,203 | 616,756 |
| Cash and cash equivalents at end of period | 2,001,964 | - | - | - |
FIRST SOLAR, INC. (FSLR)
FIRST SOLAR, INC. (FSLR)