v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 837,641 $ 1,621,376
Marketable securities 53,119 171,583
Accounts receivable trade, net 1,605,603 1,261,049
Government grants receivable, net 214,385 403,759
Inventories 1,286,120 1,084,384
Other current assets 577,235 546,882
Total current assets 4,574,103 5,089,033
Property, plant and equipment, net 5,638,042 5,413,683
Deferred tax assets, net 204,436 208,808
Restricted marketable securities 210,555 199,136
Government grants receivable 430,277 157,570
Goodwill 29,707 28,335
Intangibles assets, net 52,637 54,654
Inventories 276,688 275,372
Other assets 700,220 697,770
Total assets 12,116,665 12,124,361
Current liabilities:    
Accounts payable 427,799 482,190
Income taxes payable 81,609 77,363
Accrued expenses 555,154 508,581
Current portion of debt 197,201 236,424
Deferred revenue 1,041,899 712,000
Other current liabilities 68,050 60,884
Total current liabilities 2,371,712 2,077,442
Accrued solar module collection and recycling liability 137,770 134,394
Long-term debt 327,942 373,354
Deferred revenue 859,409 1,327,825
Other liabilities 232,498 233,769
Total liabilities 3,929,331 4,146,784
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 107,244,215 and 107,060,281 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 107 107
Additional paid-in capital 2,885,650 2,898,418
Accumulated earnings 5,472,645 5,263,110
Accumulated other comprehensive loss (171,068) (184,058)
Total stockholders' equity 8,187,334 7,977,577
Total liabilities and stockholders' equity $ 12,116,665 $ 12,124,361