About First Solar
First Solar is a publicly listed company based in Tempe (United States) founded in 1999 by Mike Ahearn. Provider of cadmium telluride-based flexible solar modules. The company has 8,100 employees. First Solar has completed 5 acquisitions, including Enki Tech, Evolar and NextLight. Its chief executive, as recorded, is Mark Widmar. Its website firstsolar.com draws about 52 thousand monthly visits. First Solar offers products and services including Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Modules. Its legal entity is First Solar, Inc. Its competitors include Ambient Photonics, Swift Solar and Alta Devices; 3 of its 3 listed competitors have raised funding.
Company details
First Solar was founded in 1999 and is headquartered in Tempe, United States. Operations focus on the solar energy sector, where cadmium telluride-based flexible solar modules are produced using advanced semiconductor technology. Comprehensive photovoltaic system solutions are offered to support installation and integration. A program for the collection and recycling of solar modules is managed to handle end-of-life materials. The company serves global markets through its manufacturing and service networks.
- Headquarters Tempe, United States
- Employees 8,100
- Founders Mike Ahearn
- Stage Public
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Energy Industry
- Email••••••••
- Phone•••• ••••
- Website firstsolar.com
- Social LinkedIn X Facebook YouTube
- Legal Name First Solar, Inc.
- Annual Revenue$5.22 B (USD)24.09as on Dec 31, 2025
- Net Profit$1.53 B (USD)18.28as on Dec 31, 2025
- EBITDA$2.21 B (USD)16.57as on Dec 31, 2025
- Latest Funding Round$488K (USD), Post-IPO
Jan 2018
- Investors
- Employee Count8,100
- Investments & AcquisitionsEnki Tech
& 4 more
Associated legal entities of First Solar
First Solar is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fs India Devco Private Limited CIN U40102DL2013PTC338399 | Active | 08 Jul 2013 | New Delhi, Delhi | ₹7.7 Cr | 1 | 2 | View details |
| First Technologies (India) Private Limited CIN U29193TN2001PTC048206 | Active | 21 Dec 2001 | Chennai, Tamil Nadu | ₹7.1 Cr | 13 | 2 | View details |
Products & Services of First Solar
First Solar offers a comprehensive portfolio of products and services, including Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions.
Advanced thin film PV module for efficient energy production and sustainability.
High-quality thin film PV module for reliable renewable energy applications.
Comprehensive support for utility-scale and distributed solar generation projects.
End-of-life recycling services for solar modules to promote responsible disposal.
Apps and channels of First Solar
its YouTube channel First Solar has 5.31K subscribers and 30 videos.
Videos from First Solar
The most watched videos on First Solar's YouTube channel, First Solar (5.31K subscribers). Click a video to play it here.
More on First Solar.
Funding Insights of First Solar
- Total Rounds 1
- Last Round Post-IPO — $488,000
- First Round $488,000
(Jan 2018)
- Investors Count 1
All 1 funding rounds of First Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $488,000 | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in First Solar
First Solar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GSA Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Quantitative trading firm delivering returns through systematic strategies across asset classes. | 2005 | gsacapital.com | London, United Kingdom |
Investor details for First Solar
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Board of directors of First Solar
The boards of the 2 registered companies of First Solar currently have 4 directors; the longest-serving is Himanshu Jangid, appointed in 2018. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Himanshu Jangid DIN 08254587 | Director | 11 Oct 2018 | 8 yrs | Fs India Devco Private Limited |
| Gollapudi Vardhan Vishnu DIN 00480457 | Director | 28 Mar 2019 | 7 yrs 7 mo | First Technologies (India) Private Limited |
| Nitin Grover DIN 09746681 | Director | 23 Sep 2022 | 4 yrs 1 mo | Fs India Devco Private Limited |
| Krishna Kumar DIN 09743556 | Director | 01 Feb 2024 | 2 yrs 9 mo | First Technologies (India) Private Limited |
People of First Solar
481 people are tracked at First Solar (77 in leadership, 8 in board & advisors, 396 in team); the tracked headcount is 8,100.
| Name | Role | Group |
|---|---|---|
Mike Ahearn | Founder | Leadership |
Mark Widmar | CEO | Leadership |
Michael Koralewski | Chief Supply Chain Officer | Leadership |
Kuntal Kumar Verma | Chief Manufacturing Officer | Leadership |
Alex Bradley | CFO | Leadership |
Georges Antoun | Chief Commercial Officer | Leadership |
Caroline Stockdale | Chief People & Communications Officer | Leadership |
Markus Gloeckler | CTO | Leadership |
Pat Buehler | Chief Product Officer | Leadership |
Chia Hao | Global Operations Director | Leadership |
Scott Lehren | Head - Enterprise Applications And Data Services | Leadership |
Arturo Cruz | Head, Global Trade Compliance | Leadership |
Yuepeng Deng | Head Of Analytics, Performance And Prediction | Leadership |
James Buford | Representative Director & Country Manager, Japan | Leadership |
Khoi Tran | Human Resources Business Partner | Leadership |
Jing Guo | Director, California Technology Center | Leadership |
Gregory Helyer | Vp, Technology Development | Leadership |
Dirk Weiss | Head Of Technology Assessment | Leadership |
Brian Stanley | Senior Vice President Of Engineering | Leadership |
Rocchina Oesterling-Post | VP Tax | Leadership |
461 more people are available in the full profile.
Complete people profiles for First Solar
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IPO & Listings of First Solar
First Solar is a publicly listed company on the NASDAQ with ticker symbol FSLR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Nov 2006
- Listed onNASDAQ: FSLR
- Listed entityFirst Solar, Inc.
- Exchange sectorElectronic technology
- ISINUS3364331070
- Share price$186.60 (+3.83% on the day) · 2026-10-13
- Market capitalisation$20.05B
- Price to earnings11.5
- EPS (diluted, trailing year)$16.22
- Volume (last session)2,423,992
Financials of First Solar
Figures of Fs India Devco Private Limited, the primary company behind First Solar, for FY 2025. Revenue was ₹7.70 Cr (-5% year on year). Net profit was ₹5.87 Cr (76% margin). EBITDA was ₹7.41 Cr (96% margin). Revenue has grown at a compounded annual rate of +52% over three years and -20% over five years.
- ₹7.70 CrRevenue · FY 2025 · -5% YoY
- ₹5.87 CrNet profit · 76% margin
- ₹7.41 CrEBITDA · 96% margin
- ₹23.76 CrPaid-up capital
- 1Employees (provident fund records)
- +52%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $5.22B | $1.53B | $2.21B |
| 2024 | $4.21B | $1.29B | $1.90B |
| 2023 | $3.32B | $830.8M | $1.25B |
| 2022 | $2.62B | -$44.2M | $120.2M |
| 2021 | $2.92B | $468.7M | $720.0M |
Balance sheet, profit and loss, cash flow and ratios of Fs India Devco Private Limited are on its company page.
Detailed financial statements for First Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by First Solar
First Solar has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Enki Tech, Evolar and NextLight.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Perovskite-based solar panels are provided for high-volume production. | evolarab.se | Uppsala, Sweden | 2019 | May 2023 | •••• | |
Coatings for PV module glass are developed and marketed. | enkitech.com | San Francisco, United States | 2009 | Jun 2016 | •••• | |
Large-scale solar PV plants are developed and operated for mining. | solar-chile.com | Santiago, Chile | 2010 | Jan 2013 | •••• | |
Manufacturer of single-axis photovoltaic tracking systems | raytracker.com | Pasadena, United States | 2011 | Jan 2011 | •••• | |
Provider of LED grow lights and environmental control systems | nextlight.com | Cincinnati, United States | 2008 | Apr 2010 | $297M |
Complete acquisition details for First Solar
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Timeline of First Solar
8 dated milestones of First Solar across 24 years, from founding to its latest funding, stage changes and deals.
- Founded First Solar is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires NextLight.
- Acquisition Acquires RayTracker.
- Acquisition Acquires Solar Chile.
- Acquisition Acquires Enki Tech.
- Funding First funding round of $488K.
- Acquisition Acquires Evolar.
Competitors of First Solar
First Solar has 3 listed competitors in our database, 3 of them funded. They include Ambient Photonics, Swift Solar and Alta Devices.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ambientphotonics.com | 2019 | Scotts Valley, United States | $61M | 11 | Solar cells are supplied for powering connected IoT devices. | |
| swiftsolar.com | 2017 | Golden, United States | $42.39M | 19 | Flexible perovskite solar cells are provided using hybrid halide materials. | |
| altadevices.com | 2008 | Santa Clara, United States | $72M | 286 | Mobile power technology. |
Detailed competitors of First Solar
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Web traffic of First Solar
The website of First Solar (firstsolar.com) receives about 52K visits a month and ranks #590,691 among all websites worldwide, #8,625 in Energy Industry.
- Monthly visits52K
▼ 16.9% vs previous month
- Unique visitors24.4K
per month
- Global rank#590,691
among all websites
- Category rank#8,625
Heavy Industry and Engineering · Energy Industry
- Bounce rate41%
- Pages per visit1.7
- Average visit59 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with First Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| suntech-power.com | 100% | 9K | #2,555,169 | View details | |
| nanosolar.com | 100% | View details | |||
| trinasolar.com | 91% | 281.4K | #80,629 | View details | |
| recsolar.com | 86% | 5.1K | #3,824,214 | View details | |
1stsolar2.sharepoint.com | 1stsolar2.sharepoint.com | 85% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for First Solar
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Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as First Solar (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Related news about First Solar
Complete news archive for First Solar
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Frequently Asked Questions about First Solar
First Solar was founded in 1999 and raised its 1st funding round 19 years after it was founded.
First Solar is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Mark Widmar is the CEO of First Solar, as recorded in our data.
First Solar has 8,100 employees.
Annual revenue of First Solar is $5.22B as on Dec 31, 2025.
First Solar was founded in 1999 and is headquartered in Tempe, United States. Operations focus on the solar energy sector, where cadmium telluride-based flexible solar modules are produced using advanced semiconductor technology. Comprehensive photovoltaic system solutions are offered to support installation and integration. A program for the collection and recycling of solar modules is managed to handle end-of-life materials. The company serves global markets through its manufacturing and service networks.
First Solar's top competitors include Swift Solar, Ambient Photonics and Alta Devices.
First Solar offers Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions.
Yes, First Solar is publicly traded on NASDAQ under the ticker symbol FSLR.
First Solar has 1 investor. Key investors include GSA Capital Partners.
First Solar is associated with 2 legal entities: Fs India Devco Private Limited, First Technologies (India) Private Limited.