# First Solar, Inc. (FSLR) FY2026 Q2 Statement of Cash Flows

- Company: First Solar, Inc. (FSLR)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0001274494-26-000170
- Page: https://plicit.ai/financials/fslr/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/fslr-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 2,376,369,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 144,901,000 US dollars. Net cash used.
- **Net income**: 422,569,000 US dollars
- **Depreciation and amortization**: 147,845,000 US dollars
- **Share-based compensation**: 7,045,000 US dollars
- **Deferred income taxes**: 3,831,000 US dollars
- **Other, net**: 19,488,000 US dollars
- **Accounts receivable, trade**: negative 55,204,000 US dollars
- **Inventories**: negative 162,140,000 US dollars
- **Government grants receivable**: negative 444,389,000 US dollars
- **Other assets**: negative 60,908,000 US dollars
- **Income tax receivable and payable**: 12,973,000 US dollars
- **Accounts payable and accrued expenses**: 45,290,000 US dollars
- **Deferred revenue**: negative 117,709,000 US dollars
- **Other liabilities**: 36,408,000 US dollars
- **Investing activities**: negative 143,063,000 US dollars. Net cash used.
- **Purchases of property, plant and equipment**: negative 161,320,000 US dollars
- **Purchases of marketable securities and restricted marketable securities**: negative 968,835,000 US dollars
- **Proceeds from sales and maturities of marketable securities**: 994,722,000 US dollars
- **Other investing activities**: negative 7,630,000 US dollars
- **Financing activities**: negative 391,730,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Proceeds from borrowings under debt arrangements, net of issuance costs), so Proceeds from borrowings under debt arrangements, net of issuance costs and Proceeds from other borrowings cannot be separated for this quarter. It may combine inflows and outflows.
- **Repayment of debt**: negative 539,873,000 US dollars
- **Payments of tax withholdings for restricted shares**: negative 20,000 US dollars
- **Other financing activities**: negative 204,000 US dollars
- **Remaining financing cash flows, net (calculated)**: 148,367,000 US dollars
- **Operating adjustment reconciliation**: 840,350,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing displayed reconciliation**: 540,097,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **investing gross reconciliation**: 1,137,785,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 5,857,000 US dollars
- **Ending cash on Jun 30, 2026**: 1,702,532,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 2,382,226,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 673,837,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: −0.34×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: negative 144,901,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 161,320,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 306,221,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 144,901,000 US dollars minus 161,320,000 US dollars equals negative 306,221,000 US dollars.