Filing Flows › First Solar (FSLR) › Gross margin
First Solar (FSLR) gross margin by quarter
First Solar's gross margin was 57.9% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 38.3% (Q3 2025) to 57.9% (Q3 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 57.9% | +0.6 pts | +19.6 pts |
| Q2 2026 | 57.3% | +10.7 pts | +11.7 pts |
| Q1 2026 | 46.6% | +7.0 pts | +5.8 pts |
| Q4 2025 | 39.5% | +1.2 pts | — |
| Q3 2025 | 38.3% | -7.3 pts | — |
| Q2 2025 | 45.6% | +4.8 pts | — |
| Q1 2025 | 40.8% | — | — |
Q3 2026 at a glance
First Solar, Q3 2026: revenue $1.2B (-23% year over year), operating margin 44.4%, net earnings $571M, operating cash flow −$42.9M. The chart follows the revenue to costs, profit and cash.
Questions
What is First Solar's gross margin?
First Solar's gross margin was 57.9% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.
How has First Solar's gross margin changed?
Over the last 7 quarters it ranged from 38.3% (Q3 2025) to 57.9% (Q3 2026).