First Solar (FSLR) r&d spend was $233M in FY2025 (+22% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$233M
+22%
2024
$191M
+26%
2023
$152M
+35%
2022
$113M
+14%
2021
$99M
+6%
2020
$94M
-3%
2019
$97M
+14%
2018
$84M
-5%
2017
$89M
-29%
2016
$125M
-4%
2015
$131M
-9%
2014
$144M
+7%
2013
$134M
+1%
2012
$132M
-6%
2011
$141M
+48%
2010
$95M
+21%
2009
$78M
+133%
2008
$34M
+122%
2007
$15M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$67M
Q4 2025
$66M
Q3 2025
$61M
Q2 2025
$54M
Q1 2025
$52M
Q4 2024
$46M
Q3 2024
$50M
Q2 2024
$52M
Q1 2024
$43M
Q4 2023
$44M
Q3 2023
$41M
Q2 2023
$37M
Source: FSLR on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.