FIRST SOLAR, INC.

Semiconductors & Related Devices·PHOENIX, AZ·FY end 12/31·CIK 1274494

CEO Pay Ratio

194:1

Mark R. Widmar

CEO Total Comp

$8.1M

Mark R. Widmar

Median Employee

$42,006

Revenue

$5.2B

FY 2025

Net Income

$1.5B

FY 2025

Free Cash Flow

$1.2B

FY 2025

Net Margin

29.3%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

0.53%

For every $1,000 of profit, $5.33 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$5.2B	$4.2B	$3.3B	$2.6B	$2.9B
Gross Profit	$2.1B	$1.9B	$1.3B	$69.9M	$730.0M
Operating Income	$1.6B	$1.4B	$857.3M	-$27.2M	$586.8M
Net Income	$1.5B	$1.3B	$830.8M	-$44.2M	$468.7M
Operating CF	$2.1B	$1.2B	$602.3M	$873.4M	$237.6M
Capex	$869.9M	$1.5B	$1.4B	$903.6M	$540.3M
Free Cash Flow	$1.2B	-$308.1M	-$784.5M	-$30.2M	-$302.7M
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	40.6%	44.2%	39.2%	2.7%	25.0%
Operating Margin	30.6%	33.2%	25.8%	-1.0%	20.1%
Net Margin	29.3%	30.7%	25.0%	-1.7%	16.0%
FCF Margin	22.7%	-7.3%	-23.6%	-1.2%	-10.4%
R&D / Revenue	4.5%	4.5%	4.6%	4.3%	3.4%
Effective Tax	3.3%	8.1%	6.8%	613.7%	—
Debt / Equity	0.03	0.05	0.07	0.06	0.08
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Mark R. WidmarChief Executive Officer	$1.0M	$5.5M	—	$1.6M	$14.0K	$8.1M
Alexander R. BradleyChief Financial Officer	$549.4K	$1.8M	—	$602.0K	$14.0K	$2.9M
Kuntal Kumar VermaChief Manufacturing Officer	$478.8K	$1.6M	—	$458.2K	$14.0K	$2.6M
George J. AntounChief Commercial Officer	$608.8K	$1.2M	—	$609.9K	$14.0K	$2.5M
Jason Dymbort	$475.8K	$1.4M	—	$478.0K	$14.0K	$2.4M
General Counsel &Secretary	$467.3K	$1.2M	—	$101.1K	$13.8K	$1.8M
Dymbort	—	—	—	—	—	—
Bradley	—	—	—	—	—	—
Antoun	—	—	—	—	—	—
Verma	—	—	—	—	—	—