R&D expense · 2011–2025

First Solar R&D expense

$233M+22.0% · FY2025

First Solar (FSLR) reported $233M in R&D expense for fiscal 2025, +22.0% year on year.

$141M2011$132M2012$134M2013$144M2014$131M2015$125M2016$88.6M2017$84.5M2018$96.6M2019$93.7M2020$99.1M2021$113M2022$152M2023$191M2024$233M2025
First Solar — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$233M+22.0%Open →
FY20242024-12-31$191M+25.7%Open →
FY20232023-12-31$152M+35.0%Open →
FY20222022-12-31$113M+13.8%Open →
FY20212021-12-31$99.1M+5.7%Open →
FY20202020-12-31$93.7M−3.0%Open →
FY20192019-12-31$96.6M+14.4%Open →
FY20182018-12-31$84.5M−4.6%Open →
FY20172017-12-31$88.6M−29.0%Open →
FY20162016-12-31$125M−4.5%Open →
FY20152015-12-31$131M−9.3%Open →
FY20142014-12-31$144M+7.2%Open →
FY20132013-12-31$134M+1.4%Open →
FY20122012-12-31$132M−5.7%Open →
FY20112011-12-31$141M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +3.7%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=First Solar R&D expense |url=https://companiesranked.com/en/company/first-solar/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). First Solar R&D expense. CompaniesRanked. https://companiesranked.com/en/company/first-solar/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-first-solar-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{First Solar R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/first-solar/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001274494-26-000021 · February 24, 2026

{{cite web |title=First Solar R&D expense — 10-K (0001274494-26-000021) |url=https://www.sec.gov/Archives/edgar/data/1274494/000127449426000021/fslr-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-24}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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