First Solar, Inc
(NASDAQ:FSLR)

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. It operates in two segments, Modules and Systems. The Modules segment designs, manufactures, and sells cadmium telluride solar modules that convert s...

Website: http://www.firstsolar.com

Founded: 1999

Full Time Employees: 6,600

Sector: Technology

Industry: Solar

Solar

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Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-03-27	2009-12-26	2009-10-29	2009-09-26	2009-07-31	2009-06-27	2009-04-30	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29

net sales	1,044,240,000	1,682,782,000	1,594,856,000	1,097,170,000	844,568,000	1,514,031,000	887,668,000	1,010,482,000	794,108,000	1,158,553,000	801,090,000	810,673,000	548,286,000	1,002,391,000	628,933,000	620,955,000	367,040,000	907,319,000	583,504,000	629,180,000	803,374,000	609,232,000	927,565,000	642,411,000	532,124,000	1,399,377,000	546,806,000	584,956,000	531,978,000	691,241,000	676,220,000	309,318,000	567,265,000	339,181,000	1,087,026,000	623,326,000	891,791,000	480,434,000	688,029,000	934,381,000	848,484,000	942,324,000	1,271,245,000	896,217,000	469,209,000	1,007,993,000	889,310,000	544,353,000	950,158,000	768,437,000	1,265,587,000	519,760,000	755,205,000	1,075,011,000	839,147,000	957,332,000	497,055,000	660,352,000	1,005,788,000	532,774,000	567,293,000	567,961,000	641,265,000	480,851,000	480,851,000	525,876,000	525,876,000	418,208,000	418,208,000	433,651,000	348,694,000	267,041,000	196,915,000
yoy	23.64%	11.15%	79.67%	8.58%	6.35%	30.68%	10.81%	24.65%	44.83%	15.58%	27.37%	30.55%	49.38%	10.48%	7.79%	-1.31%	-54.31%	48.93%	-37.09%	-2.06%	50.97%	-56.46%	69.63%	9.82%	0.03%	102.44%	-19.14%	89.11%	-6.22%	103.80%	-37.79%	-50.38%	-36.39%	-29.40%	57.99%	-33.29%	5.10%	-49.02%	-45.88%	4.26%	80.83%	-6.51%	42.95%	64.64%	-50.62%	31.17%	-29.73%	4.73%	25.81%	-28.52%	50.82%	-45.71%	51.94%	62.79%	-16.57%	79.69%	-12.38%	16.27%	56.84%	10.80%	17.98%	8.00%	21.94%	14.98%	14.98%	21.27%	50.81%	56.61%	112.38%
qoq	-37.95%	5.51%	45.36%	29.91%	-44.22%	70.56%	-12.15%	27.25%	-31.46%	44.62%	-1.18%	47.86%	-45.30%	59.38%	1.28%	69.18%	-59.55%	55.49%	-7.26%	-21.68%	31.87%	-34.32%	44.39%	20.73%	-61.97%	155.92%	-6.52%	9.96%	-23.04%	2.22%	118.62%	-45.47%	67.25%	-68.80%	74.39%	-30.10%	85.62%	-30.17%	-26.37%	10.12%	-9.96%	-25.87%	41.85%	91.01%	-53.45%	13.35%	63.37%	-42.71%	23.65%	-39.28%	143.49%	-31.18%	-29.75%	28.11%	-12.35%	92.60%	-24.73%	-34.34%	88.78%	-6.08%	-0.12%	-11.43%	33.36%	0.00%	-8.56%	0.00%	25.75%	0.00%	-3.56%	24.36%	30.58%	35.61%
cost of sales	558,109,000	1,017,441,000	984,111,000	597,320,000	500,165,000	946,370,000	442,357,000	511,593,000	448,105,000	656,520,000	424,915,000	500,253,000	436,235,000	941,778,000	607,951,000	644,155,000	355,577,000	660,830,000	458,924,000	455,062,000	618,607,000	449,372,000	634,550,000	504,951,000	441,786,000	1,065,822,000	408,443,000	507,774,000	531,866,000	592,931,000	547,093,000	317,376,000	394,467,000	277,111,000	795,226,000	512,433,000	807,607,000	416,845,000	501,749,000	743,216,000	585,539,000	710,886,000	786,880,000	731,734,000	430,228,000	699,611,000	700,023,000	451,628,000	713,447,000	579,141,000	901,553,000	379,662,000	585,879,000	781,464,000	600,431,000	713,591,000	420,310,000	522,228,000	626,624,000	337,976,000	307,628,000	285,925,000	375,056,000	235,858,000	235,858,000	227,780,000	227,780,000	182,924,000	182,924,000	199,725,000	153,251,000	122,341,000	92,591,000
gross profit	486,131,000	665,341,000	610,745,000	499,850,000	344,403,000	567,661,000	445,311,000	498,889,000	346,003,000	502,033,000	376,175,000	310,420,000	112,051,000	60,613,000	20,982,000	-23,200,000	11,463,000	246,489,000	124,580,000	174,118,000	184,767,000	159,860,000	293,015,000	137,460,000	90,338,000	333,555,000	138,363,000	77,182,000	112,000	98,310,000	129,127,000	-8,058,000	172,798,000	62,070,000	291,800,000	110,893,000	84,184,000	63,589,000	186,280,000	191,165,000	262,945,000	231,438,000	484,365,000	164,483,000	38,981,000	308,382,000	189,287,000	92,725,000	236,711,000	189,296,000	364,034,000	140,098,000	169,326,000	293,547,000	238,716,000	243,741,000	76,745,000	138,124,000	379,164,000	194,798,000	259,665,000	282,036,000	266,209,000	244,993,000	244,993,000	298,096,000	298,096,000	235,284,000	235,284,000	233,926,000	195,443,000	144,700,000	104,324,000
yoy	41.15%	17.21%	37.15%	0.19%	-0.46%	13.07%	18.38%	60.71%	208.79%	728.26%	1692.85%	-1438.02%	877.50%	-75.41%	-83.16%	-113.32%	-93.80%	54.19%	-57.48%	26.67%	104.53%	-52.07%	111.77%	78.10%	80558.93%	239.29%	7.15%	-1057.83%	-99.94%	58.39%	-55.75%	-107.27%	105.26%	-2.39%	56.65%	-41.99%	-67.98%	-72.52%	-61.54%	16.22%	574.55%	-24.95%	155.89%	77.39%	-83.53%	62.91%	-48.00%	-33.81%	39.80%	-35.51%	52.50%	-42.52%	120.63%	112.52%	-37.04%	25.13%	-70.44%	-51.03%	42.43%	-20.49%	5.99%	-5.39%	-10.70%	4.13%	4.13%	27.43%	52.52%	62.60%	125.53%
qoq	-26.94%	8.94%	22.19%	45.14%	-39.33%	27.48%	-10.74%	44.19%	-31.08%	33.46%	21.18%	177.03%	84.86%	188.88%	-190.44%	-302.39%	-95.35%	97.86%	-28.45%	-5.76%	15.58%	-45.44%	113.16%	52.16%	-72.92%	141.07%	79.27%	68812.50%	-99.89%	-23.87%	-1702.47%	-104.66%	178.39%	-78.73%	163.14%	31.73%	32.39%	-65.86%	-2.56%	-27.30%	13.61%	-52.22%	194.48%	321.96%	-87.36%	62.92%	104.14%	-60.83%	25.05%	-48.00%	159.84%	-17.26%	-42.32%	22.97%	-2.06%	217.60%	-44.44%	-63.57%	94.64%	-24.98%	-7.93%	5.95%	8.66%	0.00%	-17.81%	0.00%	26.70%	0.00%	0.58%	19.69%	35.07%	38.70%
gross margin %	46.55%	39.54%	38.29%	45.56%	40.78%	37.49%	50.17%	49.37%	43.57%	43.33%	46.96%	38.29%	20.44%	6.05%	3.34%	-3.74%	3.12%	27.17%	21.35%	27.67%	23.00%	26.24%	31.59%	21.40%	16.98%	23.84%	25.30%	13.19%	0.02%	14.22%	19.10%	-2.61%	30.46%	18.30%	26.84%	17.79%	9.44%	13.24%	27.07%	20.46%	30.99%	24.56%	38.10%	18.35%	8.31%	30.59%	21.28%	17.03%	24.91%	24.63%	28.76%	26.95%	22.42%	27.31%	28.45%	25.46%	15.44%	20.92%	37.70%	36.56%	45.77%	49.66%	41.51%	50.95%	50.95%	56.69%	56.69%	56.26%	56.26%	53.94%	56.05%	54.19%	52.98%
operating expenses:
selling, general and administrative	65,331,000	50,681,000	47,324,000	52,590,000	53,164,000	49,582,000	46,293,000	46,560,000	45,827,000	57,094,000	50,172,000	46,328,000	44,028,000	42,734,000	46,368,000	38,894,000	36,728,000	38,411,000	43,476,000	36,346,000	52,087,000	62,700,000	49,861,000	51,770,000	58,587,000	55,643,000	53,542,000	50,934,000	45,352,000	51,338,000	33,539,000	50,854,000	41,126,000	54,997,000	50,546,000	48,957,000	48,199,000	70,370,000	60,345,000	63,776,000	67,503,000	62,887,000	53,716,000	70,901,000	67,688,000	70,968,000	66,528,000	57,667,000	58,664,000	65,661,000	63,870,000	66,265,000	74,465,000	63,417,000	73,507,000	52,184,000	91,820,000	125,926,000	112,743,000	86,872,000	87,000,000	66,864,000	96,667,000	53,990,000	53,990,000	72,926,000	72,926,000	49,315,000	49,315,000	52,747,000	48,995,000	43,626,000	28,671,000
research and development	66,944,000	65,953,000	60,592,000	54,487,000	52,389,000	46,499,000	50,197,000	51,937,000	42,742,000	43,862,000	41,190,000	36,745,000	30,510,000	31,284,000	29,183,000	25,229,000	27,108,000	29,881,000	25,426,000	23,935,000	19,873,000	22,670,000	22,972,000	22,483,000	25,613,000	25,427,000	24,912,000	24,395,000	21,877,000	21,388,000	22,390,000	20,370,000	20,324,000	23,583,000	20,850,000	21,341,000	22,799,000	29,471,000	32,173,000	32,931,000	30,187,000	36,728,000	29,630,000	29,479,000	34,756,000	34,944,000	37,593,000	32,659,000	38,773,000	38,421,000	34,984,000	30,964,000	29,931,000	31,639,000	32,372,000	32,365,000	36,084,000	37,906,000	38,164,000	33,102,000	31,351,000	22,888,000	23,716,000	24,136,000	24,136,000	18,605,000	18,605,000	11,704,000	11,704,000	11,080,000	9,952,000	7,725,000	4,760,000
production start-up	8,553,000	789,000	36,734,000	31,166,000	17,606,000	14,811,000	26,822,000	27,451,000	15,408,000	9,847,000	12,059,000	23,377,000	19,494,000	32,740,000	19,768,000	13,231,000	7,338,000	5,038,000	2,945,000	1,715,000	11,354,000	16,716,000	13,019,000	6,311,000	4,482,000	7,351,000	18,605,000	10,437,000	9,522,000	14,576,000	14,723,000	24,352,000	37,084,000	20,488,000	12,624,000	8,381,000	1,150,000	214,000	752,000	55,000			3,198,000	6,970,000	6,650,000	3,249,000	1,406,000	491,000				1,392,000	1,376,000	1,637,000	1,595,000	533,000	4,058,000	5,881,000	5,514,000	10,294,000	11,931,000	1,143,000	1,099,000	4,076,000	4,076,000	2,524,000	2,524,000	6,209,000	6,209,000	8,771,000	6,344,000	4,622,000	12,761,000
total operating expenses	140,828,000	117,423,000	144,650,000	138,243,000	123,159,000	110,892,000	123,312,000	126,378,000	103,977,000	110,803,000	103,421,000	142,040,000	94,032,000	106,758,000	95,319,000	77,354,000	71,174,000	73,330,000	71,847,000	61,996,000	83,314,000	102,086,000	85,852,000	86,564,000	88,682,000	451,421,000	97,059,000	85,766,000	76,751,000	87,302,000	70,652,000	95,576,000	98,534,000	97,141,000	84,811,000	96,965,000	92,179,000	829,001,000	97,584,000	182,294,000	97,690,000	99,615,000	86,544,000	107,350,000	109,094,000	109,161,000	105,527,000	90,817,000	97,437,000	91,312,750	156,130,000	101,002,000	108,119,000	192,195,000	131,671,000	104,082,000	533,027,000	104,242,750	156,421,000	130,268,000	130,282,000	90,895,000	60,871,250	82,202,000	82,202,000	94,055,000	94,055,000	67,228,000	67,228,000	72,598,000	65,291,000	55,973,000	46,192,000
operating income	345,303,000	547,918,000	466,095,000	361,607,000	221,244,000	456,769,000	321,999,000	372,511,000	243,141,000	397,784,000	272,965,000	168,515,000	18,002,000	-45,906,000	-68,353,000	144,827,000	-57,804,000	173,159,000	50,867,000	110,377,000	252,348,000	57,774,000	207,163,000	50,896,000	1,656,000	-117,866,000	41,304,000	-8,584,000	-76,639,000	11,008,000	58,475,000	-103,634,000	74,264,000	-35,071,000	206,989,000	13,928,000	-7,995,000	-765,412,000	88,696,000	8,871,000	165,255,000	131,823,000	397,821,000	57,133,000	-70,113,000	199,221,000	83,760,000	1,908,000	139,274,000	60,322,000	207,904,000	39,096,000	61,207,000	172,015,000	107,045,000	139,659,000	-456,282,000	-485,320,000	222,743,000	64,530,000	129,383,000	191,141,000	144,727,000	162,791,000	162,791,000	204,041,000	204,041,000	168,056,000	168,056,000	161,328,000	130,152,000	88,727,000	58,132,000
yoy	56.07%	19.96%	44.75%	-2.93%	-9.01%	14.83%	17.96%	121.06%	1250.63%	-966.52%	-499.35%	16.36%	-131.14%	-126.51%	-234.38%	31.21%	-122.91%	199.72%	-75.45%	116.87%	15138.41%	-149.02%	401.56%	-692.92%	-102.16%	-1170.73%	-29.36%	-91.72%	-203.20%	-131.39%	-71.75%	-844.07%	-1028.88%	-95.42%	133.37%	57.01%	-104.84%	-680.64%	-77.70%	-84.47%	-335.70%	-33.83%	374.95%	2894.39%	-150.34%	230.26%	-59.71%	-95.12%	127.55%	-64.93%	94.22%	-72.01%	-113.41%	-135.44%	-51.94%	116.42%	-452.66%	-353.91%	53.91%	-60.36%	-20.52%	-6.32%	-29.07%	-3.13%	-3.13%	26.48%	56.77%	89.41%	189.09%
qoq	-36.98%	17.56%	28.90%	63.44%	-51.56%	41.85%	-13.56%	53.21%	-38.88%	45.73%	61.98%	836.09%	-139.21%	-32.84%	-147.20%	-350.55%	-133.38%	240.42%	-53.92%	-56.26%	336.78%	-72.11%	307.03%	2973.43%	-101.40%	-385.36%	-581.17%	-88.80%	-796.21%	-81.17%	-156.42%	-239.55%	-311.75%	-116.94%	1386.14%	-274.21%	-98.96%	-962.96%	899.84%	-94.63%	25.36%	-66.86%	596.31%	-181.49%	-135.19%	137.85%	4289.94%	-98.63%	130.88%	-70.99%	431.78%	-36.12%	-64.42%	60.69%	-23.35%	-130.61%	-5.98%	-317.88%	245.18%	-50.12%	-32.31%	32.07%	-11.10%	0.00%	-20.22%	0.00%	21.41%	0.00%	4.17%	23.95%	46.69%	52.63%
operating margin %	33.07%	32.56%	29.22%	32.96%	26.20%	30.17%	36.27%	36.86%	30.62%	34.33%	34.07%	20.79%	3.28%	-4.58%	-10.87%	23.32%	-15.75%	19.08%	8.72%	17.54%	31.41%	9.48%	22.33%	7.92%	0.31%	-8.42%	7.55%	-1.47%	-14.41%	1.59%	8.65%	-33.50%	13.09%	-10.34%	19.04%	2.23%	-0.90%	-159.32%	12.89%	0.95%	19.48%	13.99%	31.29%	6.37%	-14.94%	19.76%	9.42%	0.35%	14.66%	7.85%	16.43%	7.52%	8.10%	16.00%	12.76%	14.59%	-91.80%	-73.49%	22.15%	12.11%	22.81%	33.65%	22.57%	33.85%	33.85%	38.80%	38.80%	40.18%	40.18%	37.20%	37.33%	33.23%	29.52%
foreign currency loss	-9,063,000	-8,345,000	-8,903,000	-9,728,000	-11,593,000	-7,311,000	-5,158,000	-9,649,000	-2,858,000	-9,947,000	-987,000	-4,652,000	-5,947,000	-4,373,000	-4,859,000	-2,984,000	-4,198,000	-1,153,250	-1,018,000	-1,000,000	-2,595,000									1,908,000	-2,383,000			-3,474,000	-3,968,000	-2,444,000		-5,748,000	-2,296,000	-2,723,000	-3,240,000				-1,596,000
interest income	28,862,000	27,489,000	23,308,000	12,100,000	18,865,000	14,666,000	22,580,000	24,599,000	27,245,000	23,565,000	23,254,000	25,026,000	25,822,000	18,330,000	9,749,000	2,880,000	2,325,000	2,183,000	1,752,000	1,288,000	956,000	1,446,000	2,109,000	3,674,000	9,330,000	9,663,000	11,454,000	13,510,000	14,259,000	14,643,000	16,456,000	16,865,000	11,824,000	13,340,000	8,392,000	7,555,000	6,417,000	6,364,000	5,894,000	6,529,000	6,406,000	6,072,000	5,322,000	6,058,000	5,064,000	4,879,000	4,297,000	4,533,000	4,321,000	4,203,000	4,197,000	3,405,000	4,947,000	3,129,000	3,405,000	3,379,000	2,911,000	3,726,000	3,225,000	3,417,000	3,023,000	5,648,000	3,286,000	2,398,000	2,398,000	1,948,000	1,948,000	2,103,000	2,103,000	4,227,000	5,323,000	4,923,000	6,685,000
interest expense	-7,615,000	-11,301,000	-14,121,000	-9,184,000	-9,525,000	-10,887,000	-9,008,000	-9,765,000	-9,210,000	-7,068,000	-3,734,000	-1,415,000	-748,000	-3,133,000	-2,991,000	-3,236,000	-2,865,000	-2,530,000	-2,958,000	-4,623,000	-2,996,000	-3,018,000	-10,975,000	-3,254,000	-6,789,000	-3,048,000	-4,976,000	-8,921,000	-10,121,000	-11,476,000	-3,198,000	-6,065,000	-5,182,000	-6,073,000	-4,149,000	-6,374,000	-9,169,000	-3,182,000	-5,563,000	-7,151,000	-4,642,000	-4,180,000	-1,775,000	-826,000	-194,000	-553,000	-89,000	-930,000	-410,000	16,000	-275,000	-875,000	-750,000	-2,694,000	-2,902,000	-7,372,000	-920,000						-407,000	-89,000	-89,000	-3,827,000	-3,827,000	-935,000	-935,000	-378,000	-127,000		-4,000
other expense	-3,153,000	-4,419,000	-6,034,000	-2,628,000	-1,932,000	-1,608,750	-3,071,000		-2,799,000				-1,456,000									-2,163,250	-3,236,000	-3,195,000																		-1,773,000	-1,678,000	-792,000	-1,259,000	-2,934,250	-6,821,000		-1,746,000				-833,000								-349,000	-734,000	-309,000	-247,000		-1,103,000		-1,326,000					-378,000
income before taxes	354,334,000	551,342,000	460,345,000	352,167,000	217,059,000	446,346,000	327,342,000	377,131,000	255,519,000	376,681,000	290,465,000	188,471,000	35,673,000	3,792,500	-61,680,000	139,604,000	-62,754,000
income tax expense	-7,715,000	-30,459,000	-4,402,000	-10,299,000	-7,524,000	-53,230,000	-14,386,000	-27,775,000				-17,892,000				-83,799,000										-6,346,250	-15,035,000						-11,625,000				-5,679,000									-49,703,000	-7,108,000	-2,166,000	28,853,000	-2,982,000	13,650,000	7,464,000	7,047,000	16,396,000	22,844,000	24,364,000	-7,070,000	-68,329,000	26,251,000	10,819,000	17,039,000	23,014,000	8,697,000	11,623,000	11,623,000	20,719,000	20,719,000	5,137,000	5,137,000				18,590,000
net income	346,619,000	520,883,000	455,943,000	341,868,000	209,535,000	393,116,000	312,956,000	349,356,000	236,616,000	349,239,000	268,398,000	170,579,000	42,561,000	-7,548,000	-49,168,000	55,805,000	-43,255,000	131,370,000	45,203,000	82,449,000	209,671,000	115,703,000	155,037,000	36,911,000	90,704,000	-59,408,000	30,622,000	-18,548,000	-67,599,000	52,116,000	57,750,000	-48,491,000	82,951,000	-432,454,000	205,747,000	51,963,000	9,129,000	-696,083,000	154,146,000	13,408,000	170,565,000	164,135,000	349,318,000	94,490,000	-62,292,000	191,959,000	88,424,000	4,528,000	112,007,000	65,260,000	195,038,000	33,598,000	59,142,000	154,178,000	87,917,000	110,983,000	-449,416,000	-413,113,000	196,514,000	61,138,000	115,968,000	172,345,000	141,620,000	153,344,000	153,344,000	180,579,000	180,579,000	164,595,000	164,595,000	132,771,000	99,269,000	69,671,000	46,619,000
yoy	65.42%	32.50%	45.69%	-2.14%	-11.45%	12.56%	16.60%	104.81%	455.95%	-4726.91%	-645.88%	205.67%	-198.40%	-105.75%	-208.77%	-32.32%	-120.63%	13.54%	-70.84%	123.37%	131.16%	-294.76%	406.29%	-299.00%	-234.18%	-213.99%	-46.97%	-61.75%	-181.49%	-112.05%	-71.93%	-193.32%	808.65%	-37.87%	33.48%	287.55%	-94.65%	-524.09%	-55.87%	-85.81%	-373.82%	-14.49%	295.05%	1986.79%	-155.61%	194.14%	-54.66%	-86.52%	89.39%	-57.67%	121.84%	-69.73%	-113.16%	-137.32%	-55.26%	81.53%	-487.53%	-339.70%	38.76%	-60.13%	-24.37%	-4.56%	-21.57%	-6.84%	-6.84%	36.01%	81.91%	136.25%	253.06%
qoq	-33.46%	14.24%	33.37%	63.16%	-46.70%	25.61%	-10.42%	47.65%	-32.25%	30.12%	57.35%	300.79%	-663.87%	-84.65%	-188.11%	-229.01%	-132.93%	190.62%	-45.17%	-60.68%	81.21%	-25.37%	320.03%	-59.31%	-252.68%	-294.00%	-265.10%	-72.56%	-229.71%	-9.76%	-219.09%	-158.46%	-119.18%	-310.19%	295.95%	469.21%	-101.31%	-551.57%	1049.66%	-92.14%	3.92%	-53.01%	269.69%	-251.69%	-132.45%	117.09%	1852.83%	-95.96%	71.63%	-66.54%	480.50%	-43.19%	-61.64%	75.37%	-20.78%	-124.69%	8.79%	-310.22%	221.43%	-47.28%	-32.71%	21.70%	-7.65%	0.00%	-15.08%	0.00%	9.71%	0.00%	23.97%	33.75%	42.48%	49.45%
net income margin %	33.19%	30.95%	28.59%	31.16%	24.81%	25.96%	35.26%	34.57%	29.80%	30.14%	33.50%	21.04%	7.76%	-0.75%	-7.82%	8.99%	-11.78%	14.48%	7.75%	13.10%	26.10%	18.99%	16.71%	5.75%	17.05%	-4.25%	5.60%	-3.17%	-12.71%	7.54%	8.54%	-15.68%	14.62%	-127.50%	18.93%	8.34%	1.02%	-144.89%	22.40%	1.43%	20.10%	17.42%	27.48%	10.54%	-13.28%	19.04%	9.94%	0.83%	11.79%	8.49%	15.41%	6.46%	7.83%	14.34%	10.48%	11.59%	-90.42%	-62.56%	19.54%	11.48%	20.44%	30.34%	22.08%	31.89%	31.89%	34.34%	34.34%	39.36%	39.36%	30.62%	28.47%	26.09%	23.67%
net income per share
basic	3.23	4.85	4.25	3.19	1.96	3.67	2.92	3.26	2.21	3.27	2.51	1.6	0.4	-0.07	-0.46	0.52	-0.41	1.23	0.43	0.78	1.98	1.09	1.46	0.35	0.86	-0.56	0.29	-0.18	-0.64	0.5	0.55	-0.46	0.79	-4.15	1.97	0.5	0.09	-6.78	1.49	0.13	1.67	1.62	3.46	0.94	-0.62	1.92	0.88	0.05	1.12	0.785	1.98	0.38	0.68	-0.723	1.01	1.28	-5.2	1.088	2.28	0.71	1.36	2.04	1.498	1.82	1.82	2.16	2.16	2.01	2.01	1.64	1.23	0.87	0.59
diluted	3.22	4.84	4.24	3.18	1.95	3.66	2.91	3.25	2.2	3.25	2.5	1.59	0.4	-0.07	-0.46	0.52	-0.41	1.22	0.42	0.77	1.96	1.08	1.45	0.35	0.85	-0.56	0.29	-0.18	-0.64	0.49	0.54	-0.46	0.78	-4.13	1.95	0.5	0.09	-6.76	1.49	0.13	1.66	1.62	3.41	0.93	-0.62	1.89	0.87	0.04	1.1	0.77	1.94	0.37	0.66	-0.723	1	1.27	-5.2	1.073	2.25	0.7	1.33	2	1.47	1.79	1.79	2.11	2.11	1.99	1.99	1.61	1.2	0.85	0.57
weighted-average number of shares used in per share calculations:
basic	107,355	107,235	107,264	107,245	107,122	107,015	107,049	107,042	106,910	106,795	106,834	106,827	106,675	106,551	106,596	106,586	106,412	106,263	106,320	106,313	106,088	105,867	105,967	105,927	105,595	105,310	105,397	105,369	105,046	104,745	104,804	104,776	104,550	104,328	104,432	104,338	104,103	102,866	103,339	102,287	101,853	100,886	100,906	100,852	100,375	100,048	100,197	100,148	99,591		98,720	89,201	87,206		86,992	86,855	86,507		86,338	86,164	85,324	84,505		84,179	84,179	83,723	83,723	81,685	81,685	80,178	80,430	79,877	79,059
diluted	107,623	107,537	107,538	107,518	107,415	107,525	107,562	107,525	107,407	107,372	107,498	107,278	107,154	106,551	106,596	107,056	106,412	106,924	106,899	106,836	106,890	106,686	106,751	106,473	106,386	105,310	106,227	105,369	105,046	106,113	106,163	104,776	106,305	104,328	105,660	104,611	104,410	102,866	103,733	103,875	102,745	101,815	102,299	101,607	100,375	101,643	101,415	101,814	101,822		100,378	91,142	89,377		87,765	87,653	86,507		87,151	87,126	87,053	86,092		85,892	85,892	85,668	85,668	82,612	82,612	82,124	82,436	82,004	81,607
litigation loss								430,000				35,590,000												6,000,000
gain on sales of businesses									1,115,000	6,554,000	211,000	135,000	-17,000	239,000	5,984,000	245,381,000	1,907,000		-1,866,000	-1,745,000	150,895,000
other income								-565,000		-27,653,000	-1,033,000	997,000		28,510,000	4,774,000	-1,883,000	-212,000	-2,284,000	-2,603,000	-3,247,000	8,448,000				-2,222,000	21,873,000	-3,399,000	-4,438,000	3,509,000	32,102,000	-5,971,000	-4,328,000	17,934,000	-1,215,000	2,018,000	-2,699,000	25,861,000	-8,473,000	6,419,000	6,753,000	35,553,000							-3,170,000		-2,159,000	-2,433,000	504,000		280,000	3,210,000	-1,334,000	-1,211,000	9,000	-1,346,000	2,351,000					-247,000		-1,103,000		-1,326,000	245,000	-360,000	-441,000
income tax benefit									-18,903,000	-8,267,750	-22,067,000		6,888,000	-976,000	12,512,000		19,499,000	-35,796,000	-837,000	-20,346,000	-46,490,000	66,400,000	-38,107,000	-10,214,000	89,215,000			-11,744,000	1,394,000	-1,964,250	-2,396,000	6,164,000		6,692,250	-7,580,000	40,028,000		-65,930,000	50,522,000	-9,047,000	-33,764,000	15,290,000	-48,454,000	33,340,000	5,980,000																									-19,151,250	-33,830,000	-24,185,000
income before taxes and equity in earnings																		167,166,000	46,040,000	102,795,000	256,161,000	51,582,000	193,209,000	46,822,000	1,577,000	-90,194,000	45,592,000	-6,707,000	-68,820,000	48,185,000	63,379,000	-94,740,000	96,323,000
equity in earnings, net of tax																						-2,279,000	-65,000	303,000	-88,000	-79,000	65,000	-97,000	-173,000	-485,000	-3,233,000	40,085,000	-1,747,000
foreign currency income																						-1,341,000	-1,852,000	-1,299,000	-398,000
foreign currency gain																										776,750	1,209,000	1,726,000	172,000			2,422,000	-2,517,000				246,000					-1,887,000	-1,803,000	-2,352,000		-97,250	169,000	21,000	-579,000	-104,000	-705,000	-1,068,000	1,618,000	-2,156,000	3,000	1,015,000	-984,000	243,000	-1,857,000	1,659,000	950,000	-696,000	3,020,000	114,000	114,000	239,000	239,000	1,834,000	1,834,000	6,190,000	-1,889,000	647,000	774,000
restructuring and asset impairments																																		-1,927,000	791,000	18,286,000	20,031,000	728,946,000	4,314,000	85,532,000										24,892,000	57,276,000
income before taxes and equity in earnings of unconsolidated affiliates																																		-32,493,000	209,282,000	9,966,000	15,360,000	-776,451,000	93,150,000	12,279,000	199,332,000	130,055,000	397,887,000	59,221,000	-68,098,000
equity in earnings of unconsolidated affiliates, net of tax																																		-1,196,000	4,045,000	1,969,000	-552,000	146,298,000	10,474,000	10,176,000	4,997,000	18,790,000	-115,000	1,929,000	-174,000
income before income taxes																																														56,134,500	81,316,000	2,362,000	140,860,000	78,984,750	208,688,000	41,062,000	66,189,000	-52,594,500	110,761,000	135,347,000	-456,486,000	106,932,250	222,765,000	71,957,000	133,007,000	195,359,000	133,999,250	164,967,000	164,967,000	201,298,000	201,298,000	169,732,000	169,732,000	171,612,000	133,099,000	93,856,000	65,209,000
restructuring																																																				2,381,000	2,347,000	24,839,000	24,197,000	19,000,000	401,065,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-03-27	2009-12-26	2009-10-29	2009-09-26	2009-07-31	2009-06-27	2009-04-30	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29

assets
current assets:
cash and cash equivalents	2,362,979,000	2,803,514,000	1,992,173,000	1,124,740,000	837,641,000	1,621,376,000	1,005,130,000	1,702,913,000	1,682,081,000	1,946,994,000	1,492,958,000	829,913,000	906,634,000	1,481,269,000	1,150,982,000			1,450,654,000	1,367,464,000	1,346,888,000	972,879,000	1,227,002,000	1,277,054,000	1,052,700,000	929,355,000	1,352,741,000	878,999,000	1,221,568,000	1,013,402,000	1,403,562,000	1,434,883,000	2,024,491,000	1,858,338,000	2,268,534,000	2,019,073,000	1,509,516,000		1,347,155,000	1,414,219,000	916,660,000	1,086,280,000	1,126,826,000	1,189,703,000	1,075,144,000	779,908,000	1,482,054,000	622,523,000	851,346,000	975,194,000	1,325,072,000	1,192,648,000	928,657,000	842,753,000	901,294,000	614,699,000	630,240,000	610,480,000	605,619,000	678,560,000	357,477,000	355,725,000	420,886,000	664,499,000	364,814,000	364,814,000	429,160,000	429,160,000	624,932,000	624,932,000	716,218,000	581,779,000	511,244,000	590,534,000
marketable securities	63,582,000	51,849,000	47,747,000	29,098,000	53,119,000	171,583,000	264,691,000	37,430,000	308,016,000	155,495,000	329,516,000	1,054,044,000	1,364,607,000	1,096,712,000	776,213,000	143,944,000	223,091,000	375,389,000	554,601,000	418,505,000	562,735,000	520,066,000	353,819,000	494,080,000	579,340,000	811,506,000	661,552,000	807,561,000	1,103,812,000	1,143,704,000	1,295,049,000	1,110,421,000	1,020,136,000	720,379,000	699,544,000	719,569,000	789,442,000	607,991,000	675,985,000	750,779,000	794,220,000	703,454,000	619,814,000	700,017,000	704,674,000	509,032,000	492,875,000	497,521,000	404,033,000		339,236,000	356,615,000	168,993,000		102,295,000	113,453,000	53,107,000	66,146,000	31,859,000	50,996,000	157,442,000	293,288,000
accounts receivable trade	1,373,954,000	1,294,040,000	1,442,044,000	1,730,972,000	1,605,603,000	1,261,049,000	762,138,000	647,565,000	669,745,000	660,776,000	753,520,000	631,335,000	298,620,000	324,337,000	325,421,000	454,431,000	293,357,000	429,436,000	249,771,000	585,507,000	795,923,000	269,095,000	221,196,000	291,018,000	293,612,000	475,039,000	367,306,000	269,527,000	301,669,000	128,282,000	141,699,000	125,379,000	273,277,000	211,797,000	344,645,000	260,994,000	151,186,000	266,687,000	323,049,000	369,135,000	349,467,000	500,629,000	328,927,000	276,819,000	254,217,000	135,434,000	282,783,000	237,924,000	233,761,000		147,741,000	192,580,000	279,131,000		467,640,000	143,670,000	315,915,000	310,568,000	481,978,000	541,977,000	362,695,000	269,222,000
government grants receivable	285,158,000	499,592,000	684,118,000	482,546,000	214,385,000	403,759,000	6,659,000	6,034,000	184,761,000	659,745,000	582,202,000	225,121,000	70,114,000
inventories	893,878,000	736,734,000	1,100,850,000	1,414,006,000	1,286,120,000	1,084,384,000	1,250,629,000	1,027,872,000	970,871,000	819,899,000	882,787,000	756,173,000	751,407,000	621,376,000	810,660,000	810,461,000	840,750,000	666,299,000	647,439,000	603,057,000	550,270,000	567,587,000	567,785,000	518,242,000	479,792,000	443,513,000	576,770,000	586,621,000	459,472,000	387,912,000	296,038,000	234,201,000	174,070,000	172,370,000	217,555,000	344,473,000	432,602,000	363,219,000	369,086,000	384,504,000	443,777,000	380,424,000	379,183,000	481,975,000	496,599,000	505,088,000	445,201,000	385,247,000	387,050,000		311,700,000	334,261,000	388,509,000		537,567,000	580,737,000	582,607,000	475,867,000	432,887,000	322,995,000	271,215,000	172,119,000						131,468,000	131,468,000	121,554,000	126,469,000	106,902,000	58,559,000
other current assets	666,186,000	643,103,000	634,836,000	642,229,000	577,235,000	546,882,000	528,856,000	527,109,000	425,919,000	391,900,000	331,618,000	352,181,000	272,702,000	237,073,000	240,325,000	237,926,000	282,668,000	244,192,000
total current assets	5,645,737,000	6,028,832,000	5,901,768,000	5,423,591,000	4,574,103,000	5,089,033,000	3,818,103,000	3,948,923,000	4,241,393,000	4,634,809,000	3,824,002,000	3,660,730,000	3,619,864,000	3,791,421,000	3,338,750,000	3,383,417,000	2,994,993,000	3,191,243,000	3,046,325,000	3,155,476,000	3,136,890,000	3,014,535,000	2,800,493,000	2,731,176,000	2,747,843,000	3,599,834,000	3,043,490,000	3,412,246,000	3,662,826,000	3,859,523,000	3,886,089,000	3,986,040,000	3,770,299,000	3,832,772,000	3,966,494,000	3,436,912,000	3,330,238,000	3,786,620,000	3,465,418,000	3,076,621,000	3,274,157,000	3,345,586,000	3,251,329,000	3,156,206,000	3,149,703,000	3,190,466,000	3,253,026,000	3,170,269,000	3,036,037,000		3,596,566,000	3,601,279,000	3,109,926,000		2,710,036,000	2,464,424,000	2,900,403,000	2,613,261,000	2,430,468,000	1,836,231,000	1,394,255,000	1,404,533,000		1,203,392,000	1,203,392,000	1,244,487,000	1,244,487,000	1,239,704,000	1,239,704,000	1,077,401,000	962,376,000	838,573,000	798,251,000
property, plant and equipment	5,666,247,000	5,675,794,000	5,759,806,000	5,722,561,000	5,638,042,000	5,413,683,000	5,326,121,000	5,139,000,000	4,915,686,000	4,397,285,000	4,072,857,000	4,020,178,000	3,858,604,000	3,536,902,000	3,124,079,000	2,988,979,000	2,785,824,000	2,649,587,000	2,505,921,000	2,396,641,000	2,397,986,000	2,402,285,000	2,386,591,000	2,324,413,000	2,244,175,000	2,181,149,000	2,106,968,000	2,006,334,000	1,859,293,000	1,756,211,000	1,671,129,000	1,484,177,000	1,311,642,000	1,154,537,000	940,119,000	784,937,000	691,767,000	629,142,000	1,266,337,000	1,268,267,000	1,278,386,000	1,284,136,000	1,330,054,000	1,356,231,000	1,368,443,000	1,402,304,000	1,384,429,000	1,369,659,000	1,370,537,000		1,397,784,000	1,560,908,000	1,553,205,000	1,525,382,000	1,549,689,000	1,567,367,000	1,540,953,000	1,815,958,000	1,840,295,000	1,727,993,000	1,549,529,000	1,030,219,000	988,782,000	962,732,000	962,732,000	911,869,000	911,869,000	867,660,000	867,660,000	842,622,000	750,477,000	674,268,000	529,390,000
deferred tax assets	207,468,000	194,672,000	183,646,000	204,671,000	204,436,000	208,808,000	237,868,000	201,801,000	169,767,000	142,819,000	133,407,000	126,234,000	136,411,000	78,680,000	64,101,000	61,732,000	61,794,000	59,162,000	108,387,000	107,450,000	106,803,000	104,099,000	210,340,000	204,942,000	213,600,000	130,771,000	66,114,000	76,892,000	78,283,000	77,682,000	108,636,000	93,730,000	64,427,000	51,417,000	276,423,000	262,879,000	251,453,000	252,655,000	347,081,000	351,714,000	359,959,000	357,693,000	78,092,000	77,709,000	73,419,000	91,565,000	62,372,000	107,265,000	64,622,000		24,649,000	28,878,000	41,456,000		37,361,000	31,386,000	32,824,000	41,144,000	31,716,000	3,590,000	401,000
restricted marketable securities	214,670,000	217,172,000	215,526,000	213,737,000	210,555,000	199,136,000	211,130,000	200,243,000	194,482,000	198,310,000	183,700,000	194,650,000	196,591,000	182,070,000	182,208,000	200,266,000	220,167,000	244,726,000	251,379,000			265,280,000	261,507,000	253,236,000	246,410,000
goodwill	30,582,000	31,095,000	30,682,000	30,555,000	29,707,000	28,335,000	29,585,000	28,834,000	28,735,000	29,687,000	28,473,000	28,646,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	14,462,000	78,888,000	78,888,000	84,985,000	84,985,000	84,985,000	84,985,000	84,985,000	84,985,000	84,985,000	84,985,000	84,985,000		84,985,000	74,930,000	68,833,000		65,444,000	65,444,000	65,444,000	65,444,000	458,808,000	458,808,000	458,808,000	286,515,000		284,005,000	284,005,000	294,962,000	294,962,000	33,829,000	33,829,000	33,829,000	33,829,000	33,829,000	33,829,000
intangible assets	64,881,000	51,007,000	51,262,000	51,950,000	52,637,000	54,654,000	56,645,000	59,267,000	61,889,000	64,511,000	66,379,000	70,435,000	28,477,000	31,106,000	36,631,000	38,728,000	42,769,000	45,509,000	47,935,000	50,669,000	53,404,000	56,138,000	58,469,000	61,194,000	63,918,000	64,543,000	66,785,000	69,119,000	71,641,000	74,162,000
other assets	766,940,000	759,669,000	765,840,000	702,277,000	700,220,000	697,770,000	615,766,000	555,124,000	535,751,000	478,604,000	430,266,000	414,003,000	386,720,000	319,842,000	311,200,000	306,956,000	435,202,000	438,764,000	492,093,000	752,870,000	673,652,000	434,130,000	435,658,000	451,065,000	377,254,000	249,854,000	247,715,000	248,103,000	241,953,000	95,692,000	96,954,000	93,448,000	94,699,000	83,259,000	98,173,000	88,005,000	85,104,000	78,076,000	77,145,000	75,038,000	77,757,000	69,722,000	65,173,000	75,208,000	59,865,000	61,555,000	73,528,000	78,932,000	79,514,000		180,679,000	93,725,000	58,870,000		280,075,000	202,129,000	53,025,000	190,303,000	148,408,000	69,862,000	45,666,000	35,207,000
total assets	13,351,097,000	13,321,310,000	13,459,309,000	12,858,044,000	12,116,665,000	12,124,361,000	11,436,638,000	11,014,255,000	10,760,582,000	10,365,132,000	9,582,645,000	8,997,166,000	8,564,596,000	8,251,228,000	7,492,817,000	7,419,369,000	7,399,225,000	7,413,746,000	7,268,630,000	7,248,473,000	7,108,910,000	7,108,931,000	6,985,217,000	7,072,618,000	6,949,141,000	7,515,689,000	7,054,687,000	7,137,807,000	7,256,926,000	7,121,362,000	7,094,555,000	7,025,692,000	6,840,189,000	6,864,501,000	7,054,693,000	6,680,286,000	6,604,503,000	6,867,213,000	8,087,660,000	7,544,020,000	7,577,789,000	7,316,331,000	7,060,642,000	6,803,805,000	6,674,674,000	6,724,439,000	6,439,954,000	6,612,015,000	6,376,353,000	6,883,502,000	6,862,710,000	6,868,126,000	6,294,425,000	6,348,692,000	5,981,729,000	5,487,334,000	5,773,512,000	5,777,614,000	5,723,312,000	4,939,232,000	4,433,981,000	3,473,514,000	3,349,512,000	3,095,072,000	3,095,072,000	2,910,179,000	2,910,179,000	2,288,432,000	2,288,432,000	2,114,502,000	1,859,850,000	1,675,130,000	1,477,159,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	306,834,000	405,775,000	284,542,000	367,652,000	427,799,000	482,190,000	265,320,000	230,894,000	239,237,000	207,178,000	110,795,000	245,834,000	285,760,000	341,409,000	188,280,000	160,963,000	146,233,000	193,374,000	170,041,000	148,326,000	186,087,000	183,349,000	153,925,000	158,800,000	173,762,000	218,081,000	218,088,000	242,541,000	221,738,000	233,287,000	154,602,000	161,139,000	136,897,000	120,220,000	130,704,000	118,075,000	143,455,000	148,730,000	201,835,000	263,062,000	274,991,000	337,668,000	303,593,000	273,280,000	202,755,000	214,656,000	219,997,000	187,530,000	186,278,000		184,837,000	217,587,000	209,019,000		235,744,000	194,554,000	218,216,000	176,448,000	170,904,000	189,875,000	99,398,000	76,029,000		72,338,000	72,338,000	55,631,000	55,631,000	41,853,000	41,853,000	46,251,000	36,691,000	42,483,000
income taxes payable	22,786,000	7,490,000	78,773,000	79,018,000	81,609,000	77,363,000	98,446,000	81,172,000	52,060,000	22,134,000	33,583,000	29,067,000	77,176,000	29,397,000	25,771,000	29,441,000	4,759,000	4,543,000	12,984,000	21,671,000	15,351,000	14,571,000	32,172,000	16,951,000	8,287,000	17,010,000	15,409,000	15,293,000	7,865,000	20,885,000	49,941,000	29,822,000	10,164,000	19,581,000	4,396,000	1,554,000	5,002,000	5,288,000	10,486,000	1,518,000	7,414,000	1,330,000	2,028,000	4,771,000	2,882,000	1,727,000	5,346,000	40,708,000	6,638,000		6,337,000	4,749,000	2,068,000		6,982,000	9,175,000	15,979,000	9,541,000	33,411,000	36,493,000	28,148,000
accrued expenses	436,510,000	519,414,000	587,679,000	593,244,000	555,154,000	508,581,000	520,835,000	540,126,000	528,060,000	524,829,000	600,421,000	303,322,000	391,912,000	382,782,000	333,140,000	344,205,000	334,975,000	288,450,000	231,163,000	216,556,000	217,483,000	310,467,000	298,133,000	310,649,000	296,796,000	351,260,000	377,364,000	421,595,000	408,031,000	441,580,000	433,117,000	381,053,000	297,446,000	366,827,000	317,325,000	190,453,000	185,337,000	262,977,000	328,969,000	354,525,000	351,865,000	409,452,000	412,167,000	367,354,000	436,913,000	388,156,000	348,602,000	294,668,000	321,339,000		364,545,000	391,764,000	430,503,000		575,156,000	476,817,000	434,333,000	406,659,000	271,991,000	242,250,000	228,956,000	141,470,000		142,490,000	142,490,000	106,335,000	106,335,000	86,250,000	86,250,000	140,899,000	146,913,000	120,526,000
current portion of debt	188,594,000	215,979,000	272,396,000	249,894,000	197,201,000	236,424,000	208,261,000	140,175,000	200,907,000	96,238,000
deferred revenue	1,203,188,000	1,014,386,000	1,554,707,000	1,058,262,000	1,041,899,000	712,000,000	645,050,000	689,468,000	692,675,000	413,579,000	372,167,000	390,231,000	398,694,000	263,215,000	235,293,000	227,466,000	218,923,000	201,868,000	238,810,000	237,244,000	206,530,000	188,813,000	115,592,000	130,575,000	136,998,000	323,217,000	93,283,000	112,237,000	166,984,000	129,755,000	215,900,000	199,482,000	67,336,000	81,816,000	69,095,000	31,503,000	24,754,000															1,682,000	2,614,000		534,000	195,418,000	177,583,000
other current liabilities	50,405,000	91,058,000	311,757,000	504,547,000	68,050,000	60,884,000	44,253,000	90,794,000	45,778,000	42,200,000	46,730,000	122,160,000	20,631,000	21,245,000	28,349,000	36,329,000	25,399,000	34,747,000	25,109,000	33,887,000	41,437,000	83,037,000	78,136,000	34,032,000	21,785,000	28,130,000	28,422,000	23,341,000	19,537,000	14,380,000	12,006,000	36,175,000	35,833,000	48,757,000	44,046,000	148,689,000	156,963,000	54,683,000	55,841,000	56,503,000	83,375,000	57,738,000	43,035,000	58,217,000	57,263,000	88,702,000	56,077,000	201,845,000	193,493,000		132,014,000	61,149,000	49,480,000		260,013,000	38,533,000	266,684,000	336,571,000	245,098,000	94,917,000	85,218,000	62,891,000						52,542,000	52,542,000	59,738,000	16,610,000	40,414,000	43,008,000
total current liabilities	2,208,317,000	2,254,102,000	3,089,854,000	2,852,617,000	2,371,712,000	2,077,442,000	1,782,165,000	1,772,629,000	1,758,717,000	1,306,158,000	1,199,105,000	1,090,614,000	1,174,173,000	1,038,048,000	816,268,000	803,554,000	734,990,000	726,878,000	715,236,000	660,923,000	669,341,000	847,398,000	731,091,000	747,036,000	732,435,000	1,318,208,000	760,806,000	843,319,000	836,516,000	845,457,000	868,184,000	815,412,000	553,738,000	650,276,000	579,017,000	503,848,000	527,051,000	899,707,000	1,407,324,000	952,029,000	1,064,129,000	960,800,000	896,287,000	914,107,000	984,906,000	1,001,096,000	918,672,000	1,211,243,000	997,934,000		1,636,186,000	1,854,795,000	1,533,441,000		1,139,827,000	962,265,000	1,171,033,000	973,724,000	747,001,000	591,869,000	469,889,000	322,474,000		346,659,000	346,659,000	366,128,000	366,128,000	315,839,000	315,839,000	381,777,000	297,631,000	279,249,000	227,744,000
accrued solar module collection and recycling liability	145,108,000	146,017,000	145,073,000	144,599,000	137,770,000	134,394,000	139,035,000	134,803,000	134,250,000	135,123,000	130,131,000	132,061,000	130,258,000	128,114,000	120,173,000	134,146,000	137,455,000	139,145,000	140,019,000	129,726,000	128,135,000	130,688,000	125,594,000	140,539,000	138,009,000	137,761,000	134,985,000	136,275,000	134,228,000	134,442,000	133,965,000	166,837,000	170,352,000	166,609,000	163,707,000	175,001,000	169,071,000	166,277,000	169,679,000	167,740,000	167,650,000	163,407,000	164,304,000	240,972,000	236,155,000	246,307,000	247,441,000	249,990,000	241,390,000		214,262,000	248,178,000	228,779,000	212,835,000	213,407,000	185,324,000	177,439,000	167,378,000	185,160,000	176,644,000	155,570,000	97,836,000
long-term debt	237,182,000	282,593,000	282,565,000	327,972,000	327,942,000	373,354,000	373,321,000	418,725,000	418,695,000	464,068,000	464,040,000	437,410,000	320,378,000	184,349,000	254,224,000	170,017,000	247,354,000	236,005,000	241,483,000	276,084,000	254,447,000	237,691,000	220,456,000	387,727,000	390,588,000	454,187,000	452,064,000	452,976,000	558,356,000	461,221,000	463,485,000	448,554,000	431,817,000	380,465,000	330,209,000	307,459,000	265,823,000	160,422,000	161,131,000	161,839,000	205,262,000	251,325,000	246,814,000	257,787,000	200,386,000	165,003,000	163,646,000	133,836,000	138,229,000		168,885,000	194,570,000	501,111,000		468,294,000	471,083,000	806,070,000	619,143,000	582,744,000	332,492,000	103,531,000	136,129,000	174,958,000	163,320,000	163,320,000	156,935,000	156,935,000	195,216,000	195,216,000	163,519,000	140,808,000	108,547,000	70,210,000
other liabilities	299,543,000	295,587,000	263,447,000	221,907,000	232,498,000	233,769,000	228,138,000	173,821,000	170,999,000	180,710,000	137,391,000	140,253,000	121,372,000	119,937,000	473,815,000	415,825,000	404,251,000	352,167,000	341,817,000	398,105,000	362,207,000	372,226,000	511,963,000	570,520,000	519,487,000	508,766,000	524,349,000	570,113,000	598,665,000	467,839,000	457,964,000	484,061,000	524,911,000	568,454,000	469,364,000	402,669,000	414,752,000	428,120,000	403,767,000	457,767,000	401,803,000	392,312,000	364,509,000	349,469,000	266,121,000	284,546,000	316,978,000	348,991,000	365,411,000		413,500,000	374,871,000	331,366,000		702,047,000	507,223,000	409,974,000	373,506,000	182,623,000	156,689,000	139,142,000	70,220,000
total liabilities	3,472,529,000	3,783,317,000	4,443,997,000	4,311,914,000	3,929,331,000	4,146,784,000	3,842,990,000	3,758,858,000	3,858,068,000	3,677,663,000	3,280,269,000	2,957,528,000	2,695,868,000	2,415,173,000	1,664,480,000	1,523,542,000	1,524,050,000	1,454,195,000	1,438,555,000	1,464,838,000	1,414,130,000	1,588,003,000	1,589,104,000	1,845,822,000	1,780,519,000	2,418,922,000	1,872,204,000	2,002,683,000	2,127,765,000	1,908,959,000	1,923,598,000	1,914,864,000	1,680,818,000	1,765,804,000	1,542,297,000	1,388,977,000	1,376,697,000	1,654,526,000	2,141,901,000	1,739,375,000	1,838,844,000	1,767,844,000	1,671,914,000	1,762,335,000	1,687,568,000	1,696,952,000	1,646,737,000	1,944,060,000	1,742,964,000	2,380,385,000	2,443,335,000	2,711,388,000	2,620,443,000	2,743,166,000	2,523,575,000	2,125,895,000	2,564,516,000	2,133,751,000	1,697,528,000	1,257,694,000	868,132,000	626,659,000	696,725,000	635,898,000	635,898,000	625,288,000	625,288,000	582,760,000	582,760,000	601,460,000	474,680,000	424,529,000	325,982,000
commitments and contingencies
stockholders’ equity:
common stock, 0.001 par value per share...	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	107,000	106,000	106,000	106,000	106,000	106,000	106,000	106,000	106,000	105,000	105,000	105,000	105,000	105,000	105,000	105,000	105,000	104,000	104,000	104,000	104,000	104,000	104,000	102,000	102,000	102,000	101,000	101,000	101,000	100,000	100,000	100,000	100,000		99,000	98,000	88,000		87,000	87,000	87,000	86,000	86,000	86,000	86,000	85,000		85,000	85,000	85,000	85,000	82,000	82,000	82,000	81,000	80,000	80,000
additional paid-in capital	2,908,700,000	2,902,013,000	2,899,631,000	2,892,426,000	2,885,650,000	2,898,418,000	2,892,407,000	2,886,569,000	2,878,330,000	2,890,427,000	2,879,412,000	2,872,153,000	2,865,753,000	2,887,476,000	2,880,243,000	2,868,945,000	2,863,318,000	2,871,352,000	2,865,628,000	2,859,108,000	2,853,891,000	2,866,786,000	2,855,645,000	2,848,928,000	2,844,055,000	2,849,376,000	2,835,868,000	2,826,533,000	2,814,115,000	2,825,211,000	2,816,585,000	2,809,272,000	2,797,671,000	2,799,107,000	2,788,467,000	2,779,294,000	2,767,941,000	2,759,211,000	2,767,562,000	2,773,821,000	2,751,074,000	2,742,795,000	2,734,161,000	2,716,493,000	2,698,134,000	2,697,558,000	2,682,199,000	2,661,120,000	2,646,395,000		2,629,137,000	2,555,872,000	2,094,104,000		2,084,257,000	2,079,191,000	2,043,146,000	2,022,743,000	1,965,840,000	1,878,429,000	1,834,514,000	1,674,507,000		1,632,911,000	1,632,911,000	1,576,132,000	1,576,132,000	1,194,324,000	1,194,324,000	1,176,156,000	1,144,678,000	1,127,247,000	1,100,633,000
accumulated earnings	7,137,958,000	6,791,339,000	6,270,456,000	5,814,513,000	5,472,645,000	5,263,110,000	4,869,994,000	4,557,038,000	4,207,682,000	3,971,066,000	3,621,827,000	3,353,429,000	3,182,850,000	3,140,289,000	3,147,837,000	3,197,005,000	3,141,200,000	3,184,455,000	3,053,085,000	3,007,882,000	2,925,433,000	2,715,762,000	2,600,059,000	2,445,022,000	2,408,111,000	2,326,620,000	2,386,028,000	2,355,406,000	2,373,954,000	2,441,553,000	2,389,438,000	2,331,688,000	2,380,178,000	2,297,227,000	2,729,681,000	2,523,934,000	2,471,971,000	2,463,279,000	3,128,229,000	2,974,083,000	2,960,675,000	2,790,110,000	2,625,975,000	2,311,888,000	2,217,397,000	2,279,689,000	2,087,731,000	1,999,306,000	1,994,779,000		1,817,511,000	1,622,473,000	1,588,875,000		1,375,555,000	1,287,638,000	1,176,655,000	1,626,071,000	2,039,183,000	1,842,670,000	1,781,532,000	1,173,708,000		859,743,000	859,743,000	706,399,000	706,399,000	525,820,000	525,820,000	361,225,000	228,454,000	129,185,000	59,514,000
accumulated other comprehensive loss	-168,197,000	-155,466,000	-154,882,000	-160,916,000	-171,068,000	-184,058,000	-168,860,000	-188,317,000	-183,605,000	-174,131,000	-198,970,000	-186,051,000	-179,982,000	-191,817,000	-199,850,000	-170,230,000	-129,450,000	-96,362,000	-88,744,000	-83,461,000	-84,650,000	-61,726,000	-59,697,000	-67,260,000	-83,650,000	-79,334,000	-39,518,000	-46,920,000	-59,013,000						-5,856,000	-12,023,000	-12,210,000												-7,885,000						-1,745,000	-5,477,000	-10,892,000	-5,037,000		-39,647,000	-51,401,000	-4,289,000		-36,409,000	-36,409,000	-45,119,000	-45,119,000	-14,554,000	-14,554,000
total stockholders’ equity	9,878,568,000	9,537,993,000	9,015,312,000	8,546,130,000	8,187,334,000	7,977,577,000	7,593,648,000	7,255,397,000	6,902,514,000	6,687,469,000	6,302,376,000	6,039,638,000	5,868,728,000	5,836,055,000	5,828,337,000	5,895,827,000	5,875,175,000	5,959,551,000	5,830,075,000	5,783,635,000	5,694,780,000	5,520,928,000	5,396,113,000	5,226,796,000	5,168,622,000	5,096,767,000	5,182,483,000	5,135,124,000	5,129,161,000	5,212,403,000	5,170,957,000	5,110,828,000	5,159,371,000	5,098,697,000	5,512,396,000	5,291,309,000	5,227,806,000	5,212,687,000	5,945,759,000	5,804,645,000	5,738,945,000	5,548,487,000	5,388,728,000	5,041,470,000	4,987,106,000	5,027,487,000	4,793,217,000	4,667,955,000	4,633,389,000	4,503,117,000	4,419,375,000	4,156,738,000	3,673,982,000	3,605,526,000	3,458,154,000	3,361,439,000	3,208,996,000	3,643,863,000	4,025,784,000	3,681,538,000	3,565,849,000	2,846,855,000	2,652,787,000	2,459,174,000	2,459,174,000	2,284,891,000	2,284,891,000	1,705,672,000	1,705,672,000	1,513,042,000	1,385,170,000	1,250,601,000	1,151,177,000
total liabilities and stockholders’ equity	13,351,097,000	13,321,310,000	13,459,309,000	12,858,044,000	12,116,665,000	12,124,361,000	11,436,638,000	11,014,255,000	10,760,582,000	10,365,132,000	9,582,645,000	8,997,166,000	8,564,596,000	8,251,228,000	7,492,817,000	7,419,369,000	7,399,225,000	7,413,746,000	7,268,630,000	7,248,473,000	7,108,910,000	7,108,931,000	6,985,217,000	7,072,618,000	6,949,141,000	7,515,689,000	7,054,687,000	7,137,807,000	7,256,926,000	7,121,362,000	7,094,555,000	7,025,692,000	6,840,189,000	6,864,501,000	7,054,693,000	6,680,286,000	6,604,503,000	6,867,213,000	8,087,660,000	7,544,020,000	7,577,789,000	7,316,331,000	7,060,642,000	6,803,805,000	6,674,674,000	6,724,439,000	6,439,954,000	6,612,015,000	6,376,353,000		6,862,710,000	6,868,126,000	6,294,425,000		5,981,729,000	5,487,334,000	5,773,512,000	5,777,614,000	5,723,312,000	4,939,232,000	4,433,981,000	3,473,514,000		3,095,072,000	3,095,072,000	2,910,179,000	2,910,179,000	2,288,432,000	2,288,432,000	2,114,502,000	1,859,850,000	1,675,130,000	1,477,159,000
accounts receivable unbilled											33,603,000	37,084,000	25,894,000	30,654,000	35,149,000	35,438,000	28,764,000	25,273,000
current portion of long-term debt											35,409,000				5,435,000	5,150,000	4,701,000	3,896,000	37,129,000	3,239,000	2,453,000	41,540,000	40,412,000	77,029,000	81,807,000	17,510,000	28,240,000	28,312,000	12,361,000	5,570,000	2,618,000	7,741,000	6,062,000	13,075,000	13,451,000	13,574,000	11,540,000	27,966,000	626,026,000	71,591,000	94,080,000	38,090,000	38,663,000	41,898,000	42,123,000	51,918,000	54,607,000	60,838,000	60,656,000		60,329,000	61,194,000	61,106,000		61,398,000	47,768,000	58,238,000	44,505,000	25,597,000	28,334,000	28,169,000	26,355,000		29,169,000	29,169,000	76,639,000	76,639,000	32,952,000	32,952,000	34,951,000	26,691,000	24,629,000	17,673,000
pv solar power systems														6,242,000	153,915,000	156,215,000	214,386,000	217,293,000	230,423,000	233,370,000	236,416,000	243,396,000	257,400,000	465,543,000	470,709,000	476,977,000	484,593,000	304,657,000	305,628,000	308,640,000	310,493,000	316,564,000	355,143,000	417,108,000	454,483,000	461,617,000	452,074,000	448,601,000	487,246,000	410,759,000	102,249,000	93,741,000	93,420,000	43,233,000	45,723,000	46,393,000	47,901,000	48,547,000
project assets														30,108,000	27,827,000	29,589,000	391,774,000	315,488,000	335,259,000	310,816,000	6,984,000		1,222,000	591,000	403,000	3,524,000	5,557,000	1,703,000	80,278,000	37,930,000	28,978,000	62,475,000	10,094,000	77,931,000	67,263,000	35,992,000																			250,812,000	160,239,000	133,764,000	374,881,000	282,788,000	145,379,000	384,376,000	109,000
cash																1,701,217,000	1,326,363,000																				1,656,245,000
assets held for sale																						155,685,000	35,009,000																						20,728,000	20,728,000	20,728,000	20,728,000	20,748,000		164,358,000	49,521,000	49,521,000		49,521,000	49,521,000	46,232,000
liabilities held for sale																						25,621,000	12,721,000
less: allowance for credit losses																			-1,430,000	-2,479,000	-5,827,000	-3,009,000	-2,413,000	-3,334,000	-3,331,000
accounts receivable, unbilled																			25,053,000	14,633,000	27,280,000																																	400,987,000	398,945,000	436,170,000	551,610,000	533,399,000	325,641,000	63,677,000	10,582,000	25,898,000
prepaid expenses and other current assets																			203,478,000	189,402,000	226,922,000	251,709,000	224,092,000	279,304,000	302,845,000	276,455,000	319,435,000	305,566,000	277,163,000	243,061,000	195,552,000	157,553,000	197,206,000	157,902,000	142,404,000	172,701,000	177,358,000	217,157,000	264,806,000	276,971,000	226,667,000	248,977,000	210,399,000	262,731,000	263,284,000	202,670,000	132,273,000	134,470,000	102,840,000		87,283,000	117,167,000	106,518,000		216,196,000	136,868,000	189,600,000	526,734,000	352,049,000	260,514,000	177,831,000	200,524,000		79,355,000	79,355,000	76,996,000	76,996,000	102,421,000	102,421,000	90,584,000	65,591,000	32,185,000	34,976,000
accounts receivable, unbilled and retainage																						26,673,000	89,368,000	64,773,000	122,332,000	183,473,000	165,013,000	127,972,000	367,140,000	458,166,000	421,134,000	177,711,000	151,393,000	174,608,000	455,118,000	347,920,000	70,536,000	205,530,000	245,782,000	172,892,000	86,875,000	59,171,000	241,119,000	70,367,000	81,587,000	76,971,000	538,913,000	564,887,000	532,151,000		436,773,000	460,438,000	480,131,000
balance of systems parts																						30,000	34,280,000	34,536,000	44,718,000	53,583,000	68,858,000	91,728,000	59,890,000	56,906,000	51,448,000	72,411,000	65,374,000	28,840,000	20,892,000	26,147,000	33,269,000	62,776,000	77,942,000	92,796,000	155,233,000	136,889,000	104,392,000	94,360,000	119,959,000	125,083,000	101,120,000	58,816,000	82,563,000		139,937,000	128,384,000	135,374,000	98,903,000	125,012,000	152,658,000	122,959,000	53,784,000	43,287,000	33,656,000	16,021,000
accrued litigation																								19,000,000	13,000,000	363,000,000
restricted cash and investments																										303,857,000	305,469,000	328,591,000	388,637,000	318,390,000	341,125,000	332,043,000	354,082,000	424,783,000	408,873,000	383,722,000	355,237,000	371,307,000	409,640,000	414,019,000	401,703,000	333,878,000	403,160,000	377,401,000	421,875,000	407,053,000	489,388,000	370,594,000	304,757,000		278,753,000	275,183,000	286,325,000		285,573,000	267,411,000	282,526,000	200,550,000	203,763,000	174,698,000	147,707,000	77,343,000						30,148,000	30,148,000	30,059,000
notes receivable, affiliate																															21,308,000	21,398,000	20,411,000	20,411,000		19,600,000	19,600,000			372,000	389,000	1,276,000	1,279,000	43,345,000	44,210,000	12,487,000
equity method investments																														3,186,000	3,192,000	8,110,000	200,955,000
notes receivable, affiliates																														22,832,000				48,370,000	69,432,000	49,996,000	49,994,000	15,000,000	20,313,000	22,254,000	17,851,000	17,887,000	17,754,000
accumulated other comprehensive income																														-54,466,000	-35,171,000	-30,237,000	-18,583,000	2,259,000				-9,907,000	49,864,000	56,639,000	27,094,000	15,480,000	28,491,000	12,988,000	71,474,000	50,140,000	23,187,000	7,429,000			-27,372,000	-21,705,000	-9,085,000						20,675,000											-24,421,000	11,957,000	-5,911,000	-9,050,000
intangibles assets																															74,585,000	77,095,000	79,607,000	80,227,000
note receivable, affiliate																																	47,798,000											9,852,000	9,127,000	9,127,000	7,829,000									21,373,000	21,350,000
investments in unconsolidated affiliates and joint ventures																																		219,503,000	227,661,000	225,967,000	228,469,000	242,361,000	448,963,000	427,243,000	392,169,000	399,805,000	299,103,000	153,508,000	257,321,000	255,029,000
other intangibles																																			81,765,000	83,834,000	85,902,000	87,970,000	72,386,000	68,218,000	107,020,000	110,002,000	112,470,000	115,454,000	118,364,000	119,236,000
deferred project costs																																						701,105,000	94,549,000	112,512,000	131,249,000	187,940,000	98,421,000	73,739,000	311,118,000	29,354,000	546,409,000	312,065,000	233,075,000		752,241,000	1,004,778,000	617,540,000	21,390,000	143,392,000	189,721,000	395,069,000											12,259,000	12,259,000	710,000	9,079,000	1,407,000	1,219,000
project assets and deferred project costs																																						800,770,000	1,312,081,000	1,247,114,000	1,375,468,000	1,111,137,000	1,030,436,000	1,060,780,000	833,154,000	810,348,000	645,477,000	1,002,494,000	1,022,105,000		590,897,000	559,151,000	573,901,000
billings in excess of costs and estimated earnings																																						115,623,000	80,830,000	110,514,000	148,328,000	87,942,000	74,102,000	168,587,000	171,331,000	195,346,000	133,779,000
payments and billings for deferred project costs																																						284,440,000	103,337,000	94,316,000	104,076,000	28,580,000	22,699,000		71,639,000	60,591,000	100,264,000	425,654,000	229,530,000		888,124,000	1,116,670,000	778,651,000
other intangible assets																																															119,448,000	116,935,000	117,117,000
balance sheet data:
marketable securities, current and noncurrent																																																		439,102,000				102,578,000									449,844,000
total long-term debt																																																		223,323,000				562,572,000
note receivable affiliate																																																							17,408,000
retainage																																																			277,960,000	237,594,000	188,681,000
accounts receivable																																																						553,567,000									226,826,000	348,965,000	348,965,000	351,266,000	351,266,000	184,790,000	184,790,000	61,703,000	41,474,000	49,994,000	18,027,000
inventories, current and noncurrent																																																						569,296,000									174,516,000
project assets, current and noncurrent																																																						358,824,000									132,496,000
deferred tax assets, current and noncurrent																																																						361,543,000									152,194,000
contingent consideration																																																													1,118,000	2,844,000		2,844,000	2,844,000	47,394,000	47,394,000
marketable securities and investments																																																											84,350,000	106,966,000	199,785,000
deferred tax asset																																																														22,487,000
investment in related party																																																														25,000,000		25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000
income tax payable																																																														15,729,000		17,555,000	17,555,000	57,336,000	57,336,000	102,242,000	102,242,000	99,938,000	70,726,000	51,197,000
accrued collection and recycling liabilities																																																															92,799,000	76,932,000	76,932,000	60,880,000	60,880,000	45,366,000	45,366,000	35,238,000	28,083,000	23,567,000	18,151,000
marketable securities — current																																																																158,847,000	158,847,000	160,714,000	160,714,000	172,176,000	172,176,000	76,042,000	133,371,000	121,760,000	90,130,000
inventories — current																																																																178,032,000	178,032,000	162,501,000	162,501,000
project assets — current																																																																58,017,000	58,017,000
economic development funding receivable																																																																						668,000	897,000	897,000	897,000
deferred tax asset, net — current																																																																15,362,000	15,362,000	14,880,000	14,880,000	11,658,000	11,658,000	9,922,000	3,716,000	14,184,000	3,909,000
project assets — noncurrent																																																																102,692,000	102,692,000	113,680,000	113,680,000
deferred tax asset, net — noncurrent																																																																117,449,000	117,449,000	102,673,000	102,673,000	61,987,000	61,987,000	61,325,000	54,852,000	55,279,000	51,583,000
marketable securities — noncurrent																																																																306,415,000	306,415,000	138,239,000	138,239,000	14,460,000	14,460,000	29,559,000	14,272,000	28,208,000	28,340,000
restricted cash and investments — noncurrent																																																																37,173,000	37,173,000	33,695,000	33,695,000
inventories — noncurrent																																																																11,434,000	11,434,000	6,273,000	6,273,000
other assets — noncurrent																																																																44,780,000	44,780,000	39,301,000	39,301,000	15,644,000	15,644,000	14,707,000	14,120,000	15,023,000	8,653,000
other liabilities — current																																																																85,107,000	85,107,000	70,187,000	70,187,000
other liabilities — noncurrent																																																																48,987,000	48,987,000	41,345,000	41,345,000	26,339,000	26,339,000	20,926,000	8,158,000	13,166,000	9,877,000
restricted cash and investments — current																																																																		48,970,000	48,970,000
short-term debt
restricted investments																																																																							29,924,000	29,950,000	27,113,000
accounts payable and accrued expenses																																																																									167,063,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-09-25	2010-06-26	2010-03-27	2009-12-26	2009-09-26	2009-06-27	2009-04-30	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29

cash flows from operating activities:
net income	346,619,000	520,883,000	455,943,000	341,868,000	209,535,000	393,116,000	312,956,000	349,356,000	236,616,000	349,239,000	268,398,000	170,579,000	42,561,000	-7,548,000	-49,168,000	55,805,000	-43,255,000	131,370,000	45,203,000	82,449,000	209,671,000	115,703,000	155,037,000	36,911,000	90,704,000	-59,408,000	30,622,000	-18,548,000	-67,599,000	52,116,000	57,750,000	-48,491,000	82,951,000	-432,454,000	205,747,000	51,963,000	9,129,000	-696,083,000	154,146,000	13,408,000	170,565,000	164,135,000	350,088,000	94,490,000	-62,292,000
adjustments to reconcile net income to cash from operating activities:
depreciation and amortization	147,393,000
share-based compensation	6,781,000	2,510,000	7,319,000	6,810,000	2,584,000	6,117,000	6,796,000	8,400,000	6,791,000	11,010,000	8,198,000	8,411,000	6,600,000	7,535,000	11,854,000	5,764,000	3,503,000	5,928,000	6,429,000	5,430,000	3,115,000	11,078,000	7,209,000	3,776,000	7,204,000	12,021,000	9,626,000	10,763,000	5,019,000	7,367,000	7,551,000	10,584,000	8,652,000	9,594,000	10,104,000	8,372,000	7,051,000	4,245,000	5,896,000	7,093,000	11,478,000	11,753,000	12,213,000	8,854,000	12,079,000
deferred income taxes	-15,709,000	-866,000	20,616,000	1,121,000	4,740,000	30,589,000	-26,944,000	-29,366,000	-29,033,000	-14,760,000	-3,446,000	12,675,000	-55,282,000	-8,199,000	976,000	-6,659,000	1,083,000	63,297,000	-1,133,000	-779,000	-11,538,000	113,983,000	-5,264,000	7,698,000	-80,404,000	-71,595,000	10,170,000	1,111,000	397,000	45,620,000	-5,944,000	-44,221,000	-5,567,000	211,867,000	-16,612,000	-26,381,000	4,494,000	129,263,000	-2,217,000	-1,353,000	-1,829,000	-10,484,000	17,772,000	-52,963,000	28,141,000
other	20,451,000	16,015,000	21,047,000	-1,474,000	8,645,000	8,744,000	1,588,000	2,464,000	-814,000	21,964,000	9,162,000	-8,375,000	-698,000	5,969,000	-6,606,000	-665,000	273,000	-575,000	-1,450,000	-2,871,000	1,412,000	70,000	-454,000	-413,000	16,606,000	-6,321,000	5,671,000	1,170,000	239,000	230,000	1,967,000	-6,173,000	6,097,000	-233,000	2,543,000	-1,000	30,000	11,382,000	1,606,000	3,836,000	-2,961,000	-6,620,000	1,479,000	2,681,000	2,980,000																							-326,000	-326,000	-326,000	-361,000	-470,000	-348,000
changes in operating assets and liabilities:
accounts receivable, trade	-85,756,000	227,587,000	220,169,000	-110,314,000	-306,822,000	-436,513,000	-98,436,000	12,114,000	17,499,000
inventories	-143,815,000	378,397,000	323,102,000	-121,000,000	-202,781,000	157,568,000	-218,882,000	-66,023,000	-149,470,000	42,623,000	-116,104,000	-8,629,000	-122,996,000	178,418,000	-1,269,000	15,534,000	-175,990,000	-20,348,000	-54,075,000	-74,544,000	12,602,000
government grants receivable	-204,926,000	290,971,000	-264,591,000	-78,301,000	-99,118,000	329,481,000	-264,709,000	-76,361,000	281,889,000	-230,001,000	-204,623,000	-155,007,000	-70,114,000
other assets	-33,880,000	-21,649,000	-44,069,000	8,537,000	-114,627,000	-128,236,000	-14,764,000	-78,753,000	-89,610,000	-74,698,000	-44,392,000	-38,750,000	-66,493,000	-49,666,000	6,746,000	-13,888,000	-15,794,000	31,549,000	-21,514,000	3,064,000	-20,814,000	-1,269,000	15,916,000	8,205,000	-54,925,000	10,402,000	21,557,000	-29,712,000	26,481,000	774,000	-5,119,000	685,000	-8,260,000	15,184,000	-8,383,000	-1,085,000	-6,985,000	-8,189,000	-2,141,000	3,551,000	-12,644,000	-6,185,000	10,909,000	-12,861,000	-347,000
income tax receivable and payable	29,495,000	12,870,000	-4,986,000	-33,770,000	-5,928,000	11,713,000	31,934,000	-22,465,000	26,239,000	25,465,000	3,281,000	-63,736,000	43,646,000	2,690,000	-1,777,000	66,181,000	-23,502,000	-35,677,000	-14,543,000	3,880,000	33,278,000	-186,591,000	17,693,000	892,000	-9,425,000	32,620,000	-2,081,000	-5,992,000	-16,512,000	-55,471,000	-22,260,000	16,354,000	12,208,000	162,663,000	18,647,000	-9,923,000	-2,308,000
accounts payable and accrued expenses	-211,360,000	168,871,000	-79,075,000	60,678,000	-145,797,000	277,684,000	104,302,000	47,684,000	-160,939,000	-42,054,000	164,376,000	18,558,000	-61,552,000
deferred revenue	-38,125,000	-452,796,000	449,529,000	-95,483,000	-91,169,000	13,857,000	-660,000	-50,477,000	37,978,000	310,273,000	261,213,000	72,008,000	139,713,000
other liabilities	-32,034,000	-41,531,000	30,551,000	46,258,000	6,880,000	21,097,000	1,927,000	-896,000	1,108,000	-3,225,000	-50,787,000	39,785,000	1,113,000
net cash from operating activities	-214,866,000	1,241,893,000	1,273,617,000	149,577,000	-607,982,000	810,996,000	-53,734,000	193,014,000	267,723,000	561,109,000	165,427,000	-89,678,000	-34,598,000	795,215,000	128,975,000	88,018,000	-138,839,000	34,467,000	305,321,000	177,249,000	-279,478,000	186,318,000	207,897,000	147,769,000	-504,864,000	781,693,000	-317,622,000	13,570,000	-303,440,000	-185,499,000	-225,166,000	129,142,000	-45,286,000	433,958,000	581,379,000	-167,804,000	493,144,000	307,326,000	-75,792,000	-75,275,000	50,494,000	53,097,000	21,002,000	-17,103,000	-417,915,000	927,996,000	-47,211,000	118,380,000	-318,176,000	192,206,000	375,092,000	222,373,000	66,455,000	327,559,000	22,315,000	428,471,000	-16,136,000	10,734,000	202,638,000	-203,022,000	-43,813,000	248,077,000	76,327,000	31,273,000	413,798,000	175,115,000	22,539,000	63,741,000	63,741,000	203,255,000	137,322,000	59,220,000	63,270,000
capital expenditures	-118,529,000	-171,727,000	-204,048,000	-288,134,000	-205,966,000	-313,539,000	-433,919,000	-365,162,000	-413,456,000	-346,912,000	-286,207,000	-382,695,000	-370,961,000	-326,901,000	-223,256,000	-198,687,000	-154,761,000	-194,892,000	-164,617,000	-90,627,000	-90,155,000	-89,351,000	-106,332,000	-108,406,000	-112,546,000	-158,146,000	-182,735,000	-178,668,000	-149,168,000	-129,218,000	-237,997,000	-194,898,000	-177,725,000	-199,228,000	-97,627,000	-104,509,000	-112,993,000	-53,584,000	-45,729,000	-78,385,000	-51,754,000	-27,168,000	-45,159,000	-38,769,000	-55,342,000	-73,300,000	-71,028,000	-62,408,000	-50,813,000	-56,216,000	-69,504,000	-85,189,000	-71,667,000	-40,015,000	-57,241,000	-157,482,000	-124,490,000	-117,953,000	-223,895,000	-220,976,000	-168,990,000	0	0	-105,976,000	-69,184,000	-64,791,000	-59,562,000	-86,404,000	-86,404,000	-128,661,000	-95,704,000	-160,300,000	-74,606,000
free cash flows	-333,395,000	1,070,166,000	1,069,569,000	-138,557,000	-813,948,000	497,457,000	-487,653,000	-172,148,000	-145,733,000	214,197,000	-120,780,000	-472,373,000	-405,559,000	468,314,000	-94,281,000	-110,669,000	-293,600,000	-160,425,000	140,704,000	86,622,000	-369,633,000	96,967,000	101,565,000	39,363,000	-617,410,000	623,547,000	-500,357,000	-165,098,000	-452,608,000	-314,717,000	-463,163,000	-65,756,000	-223,011,000	234,730,000	483,752,000	-272,313,000	380,151,000	253,742,000	-121,521,000	-153,660,000	-1,260,000	25,929,000	-24,157,000	-55,872,000	-473,257,000	854,696,000	-118,239,000	55,972,000	-368,989,000	135,990,000	305,588,000	137,184,000	-5,212,000	287,544,000	-34,926,000	270,989,000	-140,626,000	-107,219,000	-21,257,000	-423,998,000	-212,803,000	248,077,000	76,327,000	-74,703,000	344,614,000	110,324,000	-37,023,000	-22,663,000	-22,663,000	74,594,000	41,618,000	-101,080,000	-11,336,000
cash flows from investing activities:
purchases of property, plant and equipment	-118,529,000	-171,727,000	-204,048,000	-288,134,000	-205,966,000	-313,539,000	-433,919,000	-365,162,000	-413,456,000	-346,912,000	-286,207,000	-382,695,000	-370,961,000	-326,901,000	-223,256,000	-198,687,000	-154,761,000	-194,892,000	-164,617,000	-90,627,000	-90,155,000	-89,351,000	-106,332,000	-108,406,000	-112,546,000	-158,146,000	-182,735,000	-178,668,000	-149,168,000	-129,218,000	-237,997,000	-194,898,000	-177,725,000	-199,228,000	-97,627,000	-104,509,000	-112,993,000	-53,584,000	-45,729,000	-78,385,000	-51,754,000	-27,168,000	-45,159,000	-38,769,000	-55,342,000	-73,300,000	-71,028,000	-62,408,000	-50,813,000	-56,216,000	-69,504,000	-85,189,000	-71,667,000	-40,015,000	-57,241,000	-157,482,000	-124,490,000	-117,953,000	-223,895,000	-220,976,000	-168,990,000			-105,976,000	-69,184,000	-64,791,000	-59,562,000	-86,404,000	-86,404,000	-128,661,000	-95,704,000	-160,300,000	-74,606,000
purchases of marketable securities and restricted marketable securities	-459,756,000	-232,779,000	-376,849,000	-540,975,000	-389,832,000	-501,333,000	-900,938,000	-544,380,000	-569,446,000				-1,470,600,000	-1,096,883,000				-1,039,432,000	-718,352,000	-97,044,000	-292,308,000	-258,931,000	-101,727,000	-135,472,000	-405,794,000
proceeds from sales and maturities of marketable securities	444,752,000	228,618,000	357,216,000			593,860,000	673,830,000				1,458,370,000																															40,000,000	113,900,000	22,700,000	176,759,000
other investing activities	-15,000,000	-11,346,000	-4,050,000	2,350,000	4,652,000	-374,000	-4,920,000	-5,000,000	-2,697,000					-489,000	-2,633,000	60,000	12,000	-254,000	175,000	-6,671,000	43,000	8,077,000	48,000	525,000	-14,150,000	-5,903,000	128,000	2,878,000	21,000	-325,000	150,000	-745,000	-5,228,000	-3,428,000	657,000	1,120,000	1,408,000	1,525,000	-6,556,000	-5,178,000	250,000	-821,000	-52,000	657,000	-688,000	-838,000	461,000	22,000	-1,502,000	-1,923,000	240,000	650,000	-2,500,000	5,083,000	-188,000	-6,944,000	2,132,000	11,231,000	-10,453,000	198,000	16,000			1,019,000	504,000	-589,000
net cash from investing activities	-148,533,000	-187,234,000	-227,731,000	-261,994,000	-88,209,000	-221,386,000	-665,947,000	-107,346,000	-568,628,000	-173,161,000	443,992,000	-98,395,000	-645,227,000	-570,055,000	-760,806,000	141,231,000	-2,944,000	-15,751,000	-553,377,000	198,250,000	271,838,000	-247,549,000	35,035,000	-15,159,000	96,446,000	-307,663,000	-36,749,000	121,885,000	-139,771,000	113,009,000	-422,902,000	1,868,000	-374,689,000	-222,843,000	-77,517,000	-33,252,000	-293,190,000	264,123,000	29,545,000	-38,501,000	-110,647,000	-109,735,000	100,373,000	187,855,000	-290,633,000	-63,081,000	-198,954,000	-229,463,000	-20,381,000	-43,362,000	-56,124,000	-296,020,000	-141,600,000	-39,404,000	-43,025,000	-118,983,000	-182,320,000	-174,294,000	-193,186,000	-45,561,000	-263,416,000			-262,364,000	-96,704,000	-183,781,000	-239,971,000	-181,234,000	-181,234,000	-111,132,000	-93,326,000	-194,642,000	90,659,000
cash flows from financing activities:
proceeds from borrowings under debt arrangements, net of issuance costs	60,832,000	61,423,000	96,774,000	119,933,000	92,340,000	30,807,000	117,259,000	4,975,000	105,420,000
repayment of debt	-132,497,000	-115,848,000	-113,493,000	-67,613,000	-176,409,000	0	-94,446,000	-65,604,000	-45,771,000
payments of tax withholdings for restricted shares	-174,000	-46,000	-43,000	-15,000	-15,421,000	-34,000	-996,000	-196,000	-18,952,000	-30,000	-853,000	-1,933,000	-28,314,000	-44,000	-457,000	-86,000	-11,505,000	-112,000	-67,000	-121,000	-15,689,000	-65,000	-289,000	-85,000	-12,679,000	-19,000	-339,000	-68,000	-15,663,000	-658,000	-266,000	-114,000	-10,137,000	-23,000	-867,000	-80,000	-4,167,000
other financing activities	-379,000				-129,000																	0	0	-368,000	-436,000		1,362,000																									436,000	-87,000	-159,000	-124,000	-80,000	-633,000	-148,000	-60,000	-122,000	-114,000				-2,000	0	-1,000	-1,000	-1,000	0	-1,000	-2,000	-2,000
net cash from financing activities	-72,218,000	-243,670,000	-222,557,000	446,618,000	-99,619,000	30,728,000	21,776,000	-68,352,000	40,697,000	60,739,000	59,536,000	108,892,000	107,686,000	99,931,000	83,845,000	119,852,000	5,764,000	49,760,000	-120,000	22,361,000	-31,451,000	15,609,000	-75,527,000	-9,229,000	-13,440,000	-6,799,000	1,023,000	-7,119,000	87,838,000	112,045,000	73,192,000	27,835,000	42,156,000	40,439,000	14,688,000	34,754,000	102,164,000	-637,220,000	542,333,000	-54,690,000	13,184,000	-5,392,000	-1,078,000	123,019,000	20,554,000	3,769,000	30,244,000	-12,776,000	-13,878,000	-17,717,000	-58,340,000	155,866,000	21,355,000	-4,882,000	1,679,000	-281,684,000	195,778,000	112,916,000	321,178,000	248,397,000	-111,273,000			1,961,000	-17,916,000	-58,255,000	7,433,000	46,717,000	46,717,000	54,793,000	47,158,000	55,432,000	20,166,000
effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	-2,045,000	1,078,000	-1,448,000	1,862,000	1,607,000	-3,582,000	2,795,000	-3,662,000	-1,938,000	6,140,000	-3,309,000	959,000	1,495,000
net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents	-437,662,000			336,063,000	-794,203,000			13,654,000	-262,146,000				-570,644,000
cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of the period	2,814,031,000	0	0	0	1,638,223,000	0	0	0	1,965,069,000	0	0	0	1,493,462,000
cash, cash equivalents, restricted cash, and restricted cash equivalents, end of the period	2,376,369,000	812,067,000	821,881,000	336,063,000	844,020,000	616,756,000	-695,110,000	13,654,000	1,702,923,000	454,827,000	665,646,000	-78,222,000	922,818,000
supplemental disclosure of noncash investing and financing activities:
property, plant and equipment acquisitions funded by liabilities	169,600,000	-88,422,000	-20,062,000	-83,540,000	325,717,000	-78,862,000	-137,783,000	-43,700,000	445,963,000	64,391,000	1,582,000	-147,348,000	330,830,000	152,814,000	-15,660,000	73,164,000	105,643,000	11,183,000	6,521,000	-32,201,000	76,095,000	-18,808,000	30,094,000	22,992,000	76,298,000	-35,643,000	-36,525,000	12,796,000	135,520,000	-6,658,000	-20,742,000	2,858,000	162,812,000	36,496,000	79,708,000	27,244,000	21,498,000	-654,000	8,544,000	6,391,000	14,406,000	-6,517,000	-9,756,000	-4,618,000	38,640,000				42,933,000	-2,266,000	5,262,000	-17,555,000	75,236,000	5,754,000	-5,025,000	-56,799,000	118,414,000	-7,188,000	-28,106,000	18,499,000	91,186,000			56,329,000			12,471,000	-30,687,000	-30,687,000	-12,019,000	5,303,000	-335,000	26,500,000
proceeds to be received from asset-based government grants	140,350,000	-2,043,000	-5,561,000	-1,564,000	156,900,000	12,430,000	582,000	4,154,000	154,754,000	-250,000
depreciation, amortization and accretion		140,631,000	138,062,000	124,647,000	125,876,000	124,419,000	111,158,000	97,337,000	90,584,000	89,691,000	77,743,000	71,705,000	68,855,000	70,541,000	67,423,000	66,553,000	65,207,000	65,294,000	65,693,000	65,708,000	63,205,000	59,648,000	59,401,000	57,597,000	56,279,000	55,505,000	51,154,000	49,944,000	48,872,000	41,544,000	34,428,000	30,345,000	24,419,000	25,761,000	28,612,000	27,972,000	32,968,000	58,719,000	57,142,000	56,704,000	58,375,000	63,902,000	64,766,000	65,897,000	63,260,000
gain on sales of businesses						0	0	0	-1,115,000	-6,554,000	-211,000	-135,000	17,000	-239,000	-5,984,000	-245,381,000	-1,907,000	0	1,866,000	1,745,000	-150,895,000
proceeds from sales of businesses, net of cash and restricted cash sold														78,404,000	99,284,000
acquisitions, net of cash acquired										0	-199,000																																			0				0	0	-22,811,000	-7,934,000	0	0	0	-2,437,000	0	0	0	-21,105,000				0	0
proceeds from other borrowings		0	92,873,000
repayment of other borrowings		-188,916,000
net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents		812,067,000				616,756,000				454,827,000	665,646,000
acquisitions funded by contingent consideration		-1,400,000	0	-2,900,000	6,500,000	-4,500,000			18,500,000	0
contingent consideration payment and other financing activities			-261,000			-45,000	-41,000
proceeds from maturities of marketable securities					502,937,000				416,971,000				1,196,334,000																																																67,448,000			33,756,000	24,500,000	82,576,000	35,000,000	7,000,000	7,000,000	-265,917,000	338,617,000	23,500,000	11,250,000
impairments and net losses on disposal of long-lived assets										1,264,000	74,000			545,000	105,000	60,796,000	1,892,000	13,793,000	3,819,000	763,000	4,501,000	11,206,000	17,989,000	5,323,000	1,288,000				352,000	2,686,000	1,165,000	3,167,000	1,047,000	2,193,000	1,290,000	16,870,000	15,011,000
liabilities assumed by customers for the sale of systems																						0				0	0			-124,409,000	-56,149,000	0	-60,307,000
gain on debt forgiveness
acquisitions funded by liabilities and contingent consideration																																																	584,000	-11,221,000	86,326,000
loss on sales of marketable securities and restricted marketable securities
accounts receivable, trade and unbilled										80,863,000	-207,455,000	-211,524,000	33,933,000	-58,296,000	31,236,000	1,498,000	144,286,000	-176,516,000	335,397,000	64,629,000	-320,461,000
project assets and pv solar power systems										0	0	2,527,000	6,099,000	145,964,000	0	-61,605,000	-98,695,000	11,457,000	-28,613,000	-19,065,000	59,623,000	-76,296,000	226,237,000	7,682,000	-50,756,000	232,487,000	-229,688,000	49,830,000	-73,402,000	-355,000	51,461,000	-132,509,000	131,342,000
proceeds from sales and maturities of marketable securities and restricted marketable securities														775,814,000	672,719,000	298,089,000	900,165,000	1,218,827,000	326,321,000	241,158,000	508,289,000	92,656,000	243,046,000	228,194,000	628,936,000
purchases of marketable securities											-727,972,000					-220,985,000	-750,220,000																									-127,127,000	-35,039,000	-20,185,000	-374,128,000	-79,309,000	0			-113,929,000	-4,801,000	-240,694,000	-75,591,000											-383,757,000	-95,240,000	-247,235,000	-147,327,000	-117,554,000	-117,554,000
proceeds from borrowings under long-term debt, net of issuance costs											60,389,000	110,825,000	136,000,000
repayment of long-term debt														0	-17,000	-75,142,000	-737,000	-34,205,000	0	-1,093,000	-37,378,000	-701,000	-215,542,000	-8,776,000	-325,000	-19,516,000	0	-7,880,000	-2,703,000	0	-797,000	-6,858,000	-11,282,000	-395,000	-669,000	-966,000	-22,048,000	-51,117,000	-420,000	-70,406,000	-15,424,000	-4,746,000	-16,757,000	-4,453,000	-21,122,000													294,025,000	-213,479,000	-442,000	-113,900,000			-714,000	-14,525,000	-49,443,000	-10,398,000	-3,858,000	-3,858,000	-6,858,000	-4,197,000	-4,896,000	-25,740,000
proceeds to be received from sales of businesses											76,000				-91,277,000						156,965,000
proceeds from sales of businesses																	1,860,000	0	3,096,000	151,434,000	145,969,000
gains on sales of marketable securities and restricted marketable securities																		0	0	0	-11,696,000	0	-9,000	-249,000	-15,088,000
proceeds from borrowings under long-term debt, net of discounts and issuance costs														99,975,000	84,319,000	195,080,000	18,006,000	84,077,000	-53,000	23,575,000	21,616,000	16,375,000				12,736,000	0	893,000	106,503,000	116,331,000	74,396,000	34,889,000	65,309,000	56,676,000	20,935,000	43,134,000	94,670,000	3,455,000	3,532,000	3,210,000	16,619,000	7,388,000	15,697,000	64,853,000	58,089,000
effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
net increase in cash, cash equivalents, restricted cash and restricted cash equivalents
cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of the period
cash, cash equivalents, restricted cash and restricted cash equivalents, end of the period
other current assets															-3,143,000	-10,428,000	-15,044,000
accounts payable															14,818,000	25,496,000	-55,371,000	34,040,000	11,674,000	-18,648,000	7,853,000	15,026,000	-14,787,000	-5,363,000	-38,161,000	196,000	-6,037,000	20,571,000	-15,066,000	67,852,000	5,964,000	20,718,000	1,909,000	-25,993,000	16,704,000	-34,889,000	-3,013,000	-47,979,000	-69,094,000	-14,716,000	-59,853,000	35,130,000	37,806,000	67,341,000	3,595,000
accrued expenses and other liabilities															78,906,000	129,017,000	74,475,000	6,488,000	-45,991,000	65,496,000	-115,190,000	114,645,000	-77,963,000	-33,575,000	-609,218,000	583,016,000	-111,096,000	-74,446,000	53,000	-48,946,000	46,367,000	219,793,000	-84,832,000	31,891,000	50,926,000	-17,151,000	-323,694,000	182,422,000	-62,456,000	-23,607,000	83,251,000	28,480,000	-31,165,000	-104,310,000	21,570,000
accrued solar module collection and recycling liability																		-191,000	10,841,000	1,235,000	-1,394,000	3,955,000	-15,810,000	2,109,000	565,000	2,283,000	-486,000	1,784,000	167,000	698,000	-32,758,000	-1,975,000	3,032,000	2,450,000	-12,197,000	4,397,000	2,374,000	-1,899,000	1,621,000	551,000	3,364,000	-236,000	-76,920,000	3,912,000	-5,982,000
effect of exchange rate changes on cash, cash equivalents and restricted cash															-68,000	24,772,000	15,162,000	1,487,000	781,000	1,558,000	-652,000	2,527,000	1,473,000	5,552,000	-5,774,000	3,773,000	-4,714,000	-1,393,000	-625,000	-1,104,000	623,000	-8,003,000	-5,074,000	-554,000	6,348,000	10,379,000	-7,307,000
net increase in cash, cash equivalents and restricted cash															-548,054,000			69,963,000	-247,395,000											38,451,000	-574,253,000	150,842,000	-382,893,000	251,000,000	524,898,000	-155,923,000	294,811,000
cash, cash equivalents and restricted cash, beginning of the period															0	0	1,455,837,000	0	0	0	1,273,594,000	0	0	0	1,446,510,000	0	0	0	1,562,623,000	0	0	0	2,330,476,000	0	0	0	1,415,690,000
cash, cash equivalents and restricted cash, end of the period															-548,054,000	373,873,000	1,334,980,000	69,963,000	-247,395,000	399,418,000	1,233,851,000	-43,095,000	168,878,000	128,933,000	1,018,878,000	471,004,000	-358,062,000	126,943,000	1,206,625,000	38,451,000	-574,253,000	150,842,000	1,947,583,000	251,000,000	524,898,000	-155,923,000	1,710,501,000
net decrease in cash, cash equivalents and restricted cash																	-120,857,000				-39,743,000	-43,095,000	168,878,000	128,933,000	-427,632,000		-358,062,000	126,943,000	-355,998,000
prepaid expenses and other current assets																			-8,282,000	-1,243,000	-42,750,000	-9,459,000	-5,945,000	27,799,000	-13,387,000	-5,217,000	7,242,000	-8,153,000	-28,400,000	-19,167,000	-6,937,000	33,155,000	-60,539,000	-9,138,000	12,409,000	-11,032,000	34,441,000	56,874,000	4,621,000	-24,385,000	-27,536,000	-1,353,000	-30,166,000	-5,131,000	-1,985,000
proceeds to be received from sale of business
equity in earnings, net of tax																						2,279,000	65,000	-303,000	88,000	79,000	-65,000	97,000	173,000	485,000	3,233,000	-40,085,000	1,747,000
distributions received from equity method investments																														0	0			6,018,000	5,844,000	5,673,000	5,507,000	17,060,000	0	0	1,502,000	0	0
remeasurement of monetary assets and liabilities																						659,000	213,000	505,000	-18,000	-1,178,000	3,014,000	-1,717,000	800,000	1,903,000	659,000	7,636,000	-1,458,000	-3,359,000	-3,491,000	-6,415,000	-2,558,000	9,496,000	8,000	122,000	-4,184,000	6,298,000	-17,394,000	-6,151,000	13,204,000
accounts receivable, trade, unbilled and retainage																						15,060,000	27,060,000	60,350,000	242,680,000	-125,397,000	-136,497,000	271,196,000	-82,896,000	-23,575,000	-260,378,000	119,288,000	-37,633,000	414,316,000	-193,322,000	-387,478,000	252,244,000	115,538,000	-31,124,000	-109,010,000	117,343,000	11,028,000
inventories and balance of systems parts																						-3,379,000	-61,946,000	-31,175,000	-48,896,000	140,228,000	29,272,000	-165,926,000	-87,102,000	-98,918,000	-46,166,000	-71,521,000	-40,624,000	34,196,000	123,341,000	93,352,000	-38,131,000	20,477,000	32,441,000	122,408,000	-79,541,000	-33,734,000	90,881,000	46,957,000	9,433,000
proceeds from sales of equity method investments																														0	0	240,036,000	7,559,000
payments received on notes receivable, affiliates																														270,000	90,000
sale of system previously accounted for as sale-leaseback financing																														0	0
accrued interest capitalized to long-term debt																														796,000	1,037,000	893,000	786,000	1,615,000	1,605,000	1,592,000	13,589,000
liabilities assumed by customer for the sale of systems
gains on sales of marketable securities and restricted investments																										-25,605,000	0	0	-15,016,000	-35,933,000	0
purchases of marketable securities and restricted investments																										-509,284,000	-287,152,000	-120,185,000	-260,715,000	-266,596,000	-340,807,000	-395,204,000	-366,429,000	-102,647,000	-114,047,000	-4,994,000	-359,283,000	-2,000	-122,888,000	-30,756,000	-268,963,000
proceeds from sales and maturities of marketable securities and restricted investments																										365,670,000	433,010,000	417,860,000	270,091,000	508,878,000	155,662,000	304,310,000	167,134,000	80,000,000	133,500,000	75,131,000	177,678,000	77,161,000	194,934,000	74,120,000	179,300,000
proceeds from commercial letters of credit																																		0
contingent consideration payments and other financing activities																													-299,000	-3,628,000	-141,000	-82,000	-1,734,000	-14,849,000	-3,930,000	-3,867,000	-9,316,000	0	-48,000	0	-111,000	-1,414,000	-6,195,000	11,200,000	-24,160,000	-6,750,000	-10,499,000	-11,610,000	-448,000	-16,366,000
payments received on note receivable, affiliate																																																		0	0	33,000	17,075,000	129,000
cash flows from financing activities
noncash consideration from the sale of systems
repayment of borrowings under revolving credit facility
proceeds from borrowings under revolving credit facility																																						0																560,000,000	225,000,000	390,000,000	200,000,000
acquisitions currently or previously funded by liabilities and contingent consideration																														-5,707,000	-7,176,000	6,665,000	9,133,000	-2,897,000	-5,445,000	-3,953,000	21,610,000	6,150,000	139,000	-1,010,000	24,813,000	6,621,000	-16,031,000	-2,452,000	29,850,000	-19,615,000	-10,811,000
sale of equity method investment funded by note receivable, affiliate
gain on sales of marketable securities and restricted investments																																	-19,470,000		0	-3,000	-46,000	-3,531,000	-297,000	0	-37,804,000
equity in earnings of unconsolidated affiliates, net of tax																																		1,196,000	-4,045,000	-1,969,000	552,000	-146,298,000	-10,474,000
proceeds from sales of equity and cost method investments
investments in notes receivable, affiliates																																						0	-160,000			-1,964,000
repayment of sale-leaseback financing																																		-970,000	-781,000			-982,000	-792,000	-1,886,000	-1,616,000	-994,000	-804,000
proceeds from sale-leaseback financing																																										0	0
noncash consideration from the sale of project assets
project assets																																			343,262,000	119,924,000	506,078,000
investment in note receivable, affiliate																																																						0	224,000	-1,605,000	-20,278,000
proceeds from discounting of commercial letters of credit																																				0	43,025,000
equity interests obtained from the sale of project assets
impairment of long-lived assets, intangible assets and goodwill																																						753,216,000	2,715,000
project assets and deferred project costs																																						-122,216,000	-125,603,000	-168,153,000	-176,232,000	-214,694,000	-220,999,000	-119,893,000	-301,943,000
payments received on notes receivable, affiliate																																						1,964,000	1,037,000			0	41,589,000	4,606,000	11,671,000
equity interests retained from the partial sale of project assets																																						-393,000	4,245,000	18,372,000	-25,921,000	53,631,000	144,720,000
excess tax benefits from share-based compensation arrangements																																							9,939,000	-14,392,000	-13,716,000	5,626,000	-6,981,000	-8,605,000	-7,747,000
income taxes payable																																							-42,521,000	5,305,000	22,418,000	5,888,000	34,980,000	12,666,000	-66,815,000
change in restricted cash																																							8,907,000	837,000	34,427,000	22,677,000	34,911,000	-11,442,000	-2,109,000	65,934,000	-117,590,000	-70,929,000	-1,476,000	37,000	0	0	5,136,000	-4,049,000
effect of exchange rate changes on cash and cash equivalents																																							1,473,000	-1,154,000	6,423,000	-847,000	-5,738,000	1,465,000	-14,152,000	-9,153,000	-12,902,000	11,000	2,557,000	1,297,000	3,363,000	3,685,000	-4,751,000	3,322,000	3,490,000	-8,044,000	7,539,000	-22,297,000	-9,547,000	1,938,000	8,538,000			-14,483,000	507,000	2,575,000	14,227,000	-20,510,000	-20,510,000			700,000	12,175,000
net increase in cash and cash equivalents																																														859,531,000	-228,823,000			132,424,000	263,991,000	85,904,000	-58,541,000	286,595,000	-15,541,000	19,760,000	4,861,000								299,685,000	-64,346,000	-195,772,000	-91,286,000	-91,286,000	134,439,000	70,535,000	-79,290,000	186,270,000
cash and cash equivalents, beginning of the period																																							0	0	1,126,826,000	0	0	0	1,482,054,000	0	0	0	1,325,072,000	0	0	0	901,294,000	0	0	0	605,619,000	0	0	0	765,689,000			664,499,000	0	0	0	716,218,000	716,218,000		0	0	404,264,000
cash and cash equivalents, end of the period																																							497,559,000	-169,620,000	1,086,280,000	-62,877,000	114,559,000	295,236,000	779,908,000	859,531,000	-228,823,000	-123,848,000	975,194,000	132,424,000	263,991,000	85,904,000	842,753,000	286,595,000	-15,541,000	19,760,000	610,480,000	-72,941,000	321,083,000	1,752,000	355,725,000			420,886,000	299,685,000	-64,346,000	-195,772,000	624,932,000	624,932,000		70,535,000	-79,290,000	590,534,000
net decrease in cash and cash equivalents																																								-169,620,000	-40,546,000		114,559,000	295,236,000	-702,146,000				-349,878,000										321,083,000	1,752,000	-409,964,000			-243,613,000
purchases of equity and cost method investments																																									-5,409,000	-15,409,000	-1,866,000
impairment and net loss on disposal of long-lived assets
proceeds from sales of property, plant and equipment
proceeds from equity offering, net of issuance costs																																																		0	-2,178,000
shares issued for acquisition																																																		0
excess tax benefit from share-based compensation arrangements																																											6,981,000	8,605,000	7,747,000	-3,317,000	-11,684,000	-4,485,000	-11,680,000	-1,118,000	21,737,000	-30,762,000	-24,933,000	34,198,000	5,282,000	-57,364,000	-9,489,000	-31,095,000	-63,244,000					-1,568,000	4,584,000	5,875,000	-12,097,000	-3,254,000	-3,254,000	-14,925,000	217,000	-9,698,000	-4,255,000
accounts receivable trade, unbilled and retainage																																												-9,987,000	-125,066,000
investments in notes receivable, affiliate																																												0	-45,288,000
purchase of equity and cost method investments																																													-1,508,000	-22,942,000	-1,115,000	-620,000	-290,000	-34,000	-2,977,000	0	-14,894,000
cash received from customers																																														1,652,797,000	575,581,000	707,018,000	431,443,000	704,668,000	1,113,250,000	924,736,000	1,125,886,000	930,705,000	661,427,000	990,182,000	648,954,000	720,761,000	772,024,000	326,559,000	471,600,000			447,878,000	788,259,000	497,559,000	346,074,000	325,712,000	325,712,000	424,613,000	349,986,000	234,628,000	194,595,000
cash paid to suppliers and associates																																														-715,881,000	-611,240,000	-580,960,000	-734,225,000	-509,413,000	-754,528,000	-681,370,000	-1,028,544,000	-635,589,000	-642,349,000	-522,450,000	-646,949,000	-671,071,000	-483,177,000	-509,754,000	-495,427,000			-404,696,000	-352,761,000	-267,817,000	-243,442,000	-259,726,000	-259,726,000
interest received																																														2,519,000	3,928,000	2,902,000	3,617,000	1,725,000	1,150,000	289,000	3,435,000	1,049,000	674,000	1,748,000	1,222,000	1,869,000	1,545,000	4,758,000	1,984,000			9,359,000	1,881,000	972,000	409,000	2,885,000	2,885,000	3,832,000	4,663,000	4,487,000	6,156,000
interest paid																																														-2,003,000	-1,807,000	-1,486,000	-2,305,000	-444,000	-2,871,000	-2,251,000	-3,723,000	-2,934,000	1,048,000	-11,263,000	-6,767,000	-6,403,000	-4,707,000	-85,000	-3,034,000			-74,000	-3,023,000	-2,813,000
income tax (payments) refunds																																														-7,879,000	-1,413,000
other operating activities																																														1,760,000	-576,000	-899,000	-983,000	1,162,000	-3,594,000	94,000	-5,000	1,005,000	-624,000	-480,000	-570,000	-1,226,000	-1,394,000	-895,000	-401,000		-2,000	-734,000	-310,000	-247,000
proceeds from sale of property, plant and equipment
proceeds from maturities and sales of marketable securities																																														61,091,000	2,550,000	130,559,000	33,700,000	12,300,000	20,918,000	51,991,000	8,775,000
investment in notes receivable, affiliate
purchase of restricted investments																																																						0	0	1,000	-80,668,000
proceeds from stock option exercises																																																						105,000	1,000	0	70,000	333,000	342,000	4,910,000	2,741,000			1,107,000
proceeds from borrowings under long-term debt, net of discount and issuance costs																																														12,426,000					-1,988,000	0	335,000,000					-324,291,000
repayment of economic development funding																																																			0	0	-8,315,000
settlement of long-term debt																																																						0
repayments of long-term debt																																															-24,078,000	-5,651,000	-25,110,000		-28,567,000	-305,700,000	-330,176,000		-12,916,000	-147,148,000	-13,148,000
proceeds from equity offerings
property, plant and equipment acquisitions currently or previously funded by liabilities																																															4,934,000
income tax payments																																																	-4,043,000				-5,661,000
income tax refunds (payments)																																																						-875,000	-3,143,000
(repayment of) proceeds from economic development funding																																																						0	0
income tax refunds
acquisitions funded by liabilities																																																					14,962,000
payments received on notes receivable																																																																35,817,000
sale of investment in related party
purchases of marketable securities and investments																																																							-4,396,000	0	-14,446,000	-135,421,000	-6,084,000	-32,584,000	-157,151,000
proceeds from sales and maturities of marketable securities and investments																																																							15,490,000
repayments of borrowings under revolving credit facility																																																							-205,000,000
release of (increase in) restricted cash
income taxes paid, net of refunds																																																									-2,537,000	-2,101,000	-18,409,000	-7,108,000	-18,535,000			-18,892,000	-24,832,000			658,000	658,000
proceeds from maturities of marketable securities and investments																																																									14,800,000	12,355,000	28,550,000
proceeds from sales of marketable securities and investments																																																									43,067,000	55,291,000	18,726,000	210,829,000	79,114,000
investment in notes receivable
increase in restricted investments																																																										-1,000	0	0	-62,748,000			-43,443,000	261,000	38,028,000	-42,126,000	-313,000	-313,000	-310,000
increase in restricted cash																																																										204,000	-30,000
proceeds from economic development funding and incentives																																																										11,902,000
proceeds from borrowings under credit facilities, net of discount and issuance costs
proceeds from economic development funding																																																																	0	0	0	615,000	615,000	0	0	0	35,661,000
effect of exchange ra tes on cash and cash equivalents
impairment of fixed assets
impairment of project assets
loss on disposal of property and equipment
benefit from doubtful accounts receivable
inventory reserve
gain on sales of investments
accounts receivable, unbilled
deferred project costs
billings in excess of costs and estimated earnings
deferred revenue - current
total adjustments
solar module revenue
solar power system revenue
total net sales
proceeds from sales of marketable securities																																																																200,220,000	86,021,000	1,000	-4,000	29,787,000	29,787,000	369,312,000	-229,437,000	54,985,000	223,902,000
investment in note receivable																																																																		-10,112,000	-21,633,000	-13,750,000	-13,750,000
proceeds from issuance of debt, net of issuance costs																																																																	-81,000	-3,802,000	3,355,000	45,267,000	45,267,000	44,797,000	44,644,000
investment in related party
proceeds from issuance of common stock																																																																		865,000	2,380,000	1,440,000	1,440,000		6,929,000	1,243,000	5,935,000
payments received on note receivable
income taxes received, net of refunds
investment in project assets — noncurrent
income taxes (paid) received, net of refunds
interest paid, net of amounts capitalized																																																																				-2,208,000	-2,208,000	-1,626,000	-1,480,000	-1,519,000	-4,000
purchase of marketable securities																																																																						-60,556,000	-106,491,000	-109,975,000	-57,796,000
other investments in long-term assets
proceeds from notes payable to a related party
repayment of notes payable to a related party
other equity contributions
proceeds from stock options exercised
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
non-cash conversion of debt and accrued interest to equity
issuance of common stock for purchase acquisition
cash paid to suppliers and employees																																																																							-211,930,000	-163,874,000	-137,779,000
income tax																																																																							-3,773,000	-4,334,000	4,905,000
effect of currency exchange rate changes on cash and cash equivalents
deposits
increase of restricted investments																																																																								-2,852,000	-12,091,000
proceeds from issuance of debt																																																																									57,000

First Solar, Inc(NASDAQ:FSLR)

First Solar, Inc
(NASDAQ:FSLR)