Quick Answer
FIRST SOLAR, INC. reported R&D Expense of $233.42 million for fiscal year 2025.
FIRST SOLAR, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $233.42M | +22.0% |
| 2024 | $191.38M | +25.7% |
| 2023 | $152.31M | +35.0% |
| 2022 | $112.80M | +13.8% |
| 2021 | $99.11M | +5.7% |
| 2020 | $93.74M | -3.0% |
| 2019 | $96.61M | +14.4% |
| 2018 | $84.47M | -4.6% |
| 2017 | $88.57M | -29.0% |
| 2016 | $124.76M | -4.5% |
| 2015 | $130.59M | -9.3% |
| 2014 | $143.97M | +7.2% |
| 2013 | $134.30M | +1.4% |
| 2012 | $132.46M | -5.7% |
| 2011 | $140.52M | +48.2% |
| 2010 | $94.80M | +21.3% |
| 2009 | $78.16M | +133.2% |
| 2008 | $33.52M | +121.9% |
| 2007 | $15.11M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $60.59M | +20.7% | +11.2% |
| June 30, 2025 | $54.49M | +4.9% | +4.0% |
| March 31, 2025 | $52.39M | +22.6% | +4.4% |
| September 30, 2024 | $50.20M | +21.9% | -3.4% |
| June 30, 2024 | $51.94M | +41.3% | +21.5% |
| March 31, 2024 | $42.74M | +40.1% | +3.8% |
| September 30, 2023 | $41.19M | +41.1% | +12.1% |
| June 30, 2023 | $36.74M | +45.6% | +20.4% |
- FIRST SOLAR, INC. showed an increase of +22.0% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, FIRST SOLAR, INC.’s r&d expense has grown by 1445.1% (from $15.11 million to $233.42 million).
- The most recent figure is from FIRST SOLAR, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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