First Solar, Inc.FSLRNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+27.4%
5Y CAGR+20.0%
Year-over-Year Change
Research and development spending
3Y CAGR
+27.4%/yr
vs +7.5%/yr prior
5Y CAGR
+20.0%/yr
Recent acceleration
Acceleration
+19.9pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.5x
Strong expansion
Streak
5 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $233.42M | +22.0% |
| 2024 | $191.38M | +25.7% |
| 2023 | $152.31M | +35.0% |
| 2022 | $112.80M | +13.8% |
| 2021 | $99.11M | +5.7% |
| 2020 | $93.74M | -3.0% |
| 2019 | $96.61M | +14.4% |
| 2018 | $84.47M | -4.6% |
| 2017 | $88.57M | -29.0% |
| 2016 | $124.76M | - |