First Solar Inc (FSLR) — Cash Flow Quality Index
First Solar Inc (FSLR) has a Cash Flow Quality Index of -0.62x as of March 2026. Operating cash flow of $-214.87 Million is below net income of $346.62 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore First Solar Inc (FSLR) cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Solar Inc Cash Flow Quality Index (2006–2025)
Historical Cash Flow Quality Index for First Solar Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check First Solar Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for First Solar Inc (2006–2025)
Year-by-year earnings quality comparison for First Solar Inc. For live market cap and the full company financial profile, see market value of First Solar Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.35x | $2.06 Billion | $1.53 Billion | ▲ +42.8% |
| 2024 | 0.94x | $1.22 Billion | $1.29 Billion | ▲ +30.0% |
| 2023 | 0.72x | $602.26 Million | $830.78 Million | ▲ +43.0% |
| 2021 | 0.51x | $237.56 Million | $468.69 Million | ▲ +443.9% |
| 2020 | 0.09x | $37.12 Million | $398.36 Million | ▲ +104.1% |
| 2018 | -2.26x | $-326.81 Million | $144.33 Million | ▼ -242.8% |
| 2015 | -0.66x | $-360.92 Million | $546.42 Million | ▼ -138.5% |
| 2014 | 1.72x | $680.99 Million | $396.92 Million | ▼ -29.3% |
| 2013 | 2.43x | $856.13 Million | $353.04 Million | ▲ +128.3% |
| 2010 | 1.06x | $705.49 Million | $664.20 Million | ▲ +0.7% |
| 2009 | 1.05x | $675.19 Million | $640.14 Million | ▼ -20.7% |
| 2008 | 1.33x | $463.07 Million | $348.33 Million | ▲ +2.2% |
| 2007 | 1.30x | $205.95 Million | $158.35 Million | ▲ +997.3% |
| 2006 | -0.14x | $-576.00K | $3.97 Million | — |