Direct Answer
First Solar reports revenue across 4 geographic regions in its fiscal 2025 Form 10-K. United States is the largest, with $5.0 billion of revenue (96% of the total), followed by India at $196 million (4%). 96% of revenue came from the United States.
How Does First Solar Make Money?
United States supplies 96% of revenue, so First Solar's results move mostly with that one region; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, United States grew fastest (+27.9%) and France slowest (-81.7%), so the revenue mix tilts toward United States while that gap lasts.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $5.0 billion | $3.9 billion | 95.7% | 27.9% |
| India | $196 million | $202 million | 3.7% | -3.0% |
| Allotherforeigncountries | $23 million | $65 million | 0.4% | -65.1% |
| France | $6 million | $34 million | 0.1% | -81.7% |
What the Segment Figures Do Not Show
The rows above add up to 100% of First Solar's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value First Solar reported in the segment note and revenue disclosures of its Form 10-K filed February 24, 2026 (accession 0001274494-26-000021), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are First Solar's main regions?
In its fiscal 2025 Form 10-K, First Solar reports revenue for United States, India, Allotherforeigncountries and France.
Which part of First Solar brings in the most revenue?
United States, with $5.0 billion of revenue in fiscal 2025, or 96% of the total.
How much of First Solar's revenue comes from outside the United States?
4% in fiscal 2025, by the geographic breakdown First Solar reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.