- First Solar, Inc. (NASDAQ: FSLR) is a leading manufacturer of solar modules, specializing in thin-film photovoltaic technology, and has established itself as a major player in the U.S. solar industry since its founding in 1999.
- In 2025, First Solar achieved record module shipments of 17.5 GW and reported net sales of $5.2 billion, a 24% increase year-over-year, while guiding for 2026 net sales between $4.9 billion and $5.2 billion.
- The company has a significant backlog of contracted projects, totaling approximately 50.1 GW (≈$15.0 billion), and has recently secured 1.0 GW of U.S. utility volume contracts at competitive pricing.
- First Solar's ideal buyers are utility-scale solar developers seeking reliable, high-efficiency modules, and with ongoing trade and regulatory uncertainties, sales teams should focus on the company's strong liquidity and government support to address potential supply chain challenges.
First Solar's workforce is organized into 19 departments, with Information Technology being the largest at 553 employees, followed closely by Operations with 396. The Executive department, comprising 121 employees, indicates a strong leadership presence. Other departments, such as Finance and Human Resources, have smaller headcounts of 57 and 46, respectively, contributing to a balanced functional mix that supports the company's strategic goals.
The geographic distribution of First Solar's workforce spans 150 locations, with the largest concentration in Perrysburg, OH, housing 354 employees. Tempe, AZ, follows with a total of 240 employees across two entries, indicating a significant operational presence in Arizona. The 'Other' category, accounting for 936 employees, suggests a broad distribution strategy, allowing for flexibility and support across various regions.
