First Solar, Inc. (FSLR) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

First Solar, Inc. (FSLR) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

FSLR Income Statement

First Solar, Inc. (FSLR) annual income statement — 23-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	1.23B	1.06B	1.04B	1.68B	1.59B	1.1B	844.57M	1.51B	887.67M	1.01B	794.11M	1.16B	801.09M	810.67M	548.29M	1B	628.93M	620.96M	367.04M	907.32M
Revenue Growth %	-22.82%	-3.73%	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%
Cost of Goods Sold	517.88M	451.19M	558.11M	1.02B	984.11M	597.32M	500.17M	946.37M	442.36M	511.59M	448.11M	656.52M	424.92M	500.25M	436.24M	941.78M	607.95M	644.15M	355.58M	660.83M
COGS % of Revenue	42.07%	42.72%	53.45%	60.46%	61.71%	54.44%	59.22%	62.51%	49.83%	50.63%	56.43%	56.67%	53.04%	61.71%	79.56%	93.95%	96.66%	103.74%	96.88%	72.83%
Gross Profit	713.06M	605M	486.13M	665.34M	610.75M	499.85M	344.4M	567.66M	445.31M	498.89M	346M	502.03M	376.18M	310.42M	112.05M	60.61M	20.98M	-23.2M	11.46M	246.49M
Gross Margin %	57.93%	57.28%	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%
Gross Profit Growth %	16.75%	21.04%	41.15%	17.21%	37.15%	0.19%	-0.46%	13.07%	18.38%	60.71%	208.79%	728.26%	1692.85%	1438.02%	877.5%	-75.41%	-83.16%	-113.32%	-93.8%	54.19%
Operating Expenses	166.95M	154.62M	140.83M	117.42M	144.65M	138.24M	123.16M	110.89M	123.31M	126.38M	102.86M	104.25M	103.21M	141.91M	94.05M	106.52M	89.33M	-168.03M	69.27M	73.33M
OpEx % of Revenue	13.56%	14.64%	13.49%	6.98%	9.07%	12.6%	14.58%	7.32%	13.89%	12.51%	12.95%	9%	12.88%	17.5%	17.15%	10.63%	14.2%	-27.06%	18.87%	8.08%
Selling, General & Admin	65.33M	51.95M	65.33M	50.68M	47.32M	52.59M	53.16M	49.58M	46.29M	46.56M	45.83M	57.09M	50.17M	46.33M	44.03M	42.73M	46.37M	38.89M	36.73M	38.41M
SG&A % of Revenue	5.31%	4.92%	6.26%	3.01%	2.97%	4.79%	6.29%	3.27%	5.22%	4.61%	5.77%	4.93%	6.26%	5.71%	8.03%	4.26%	7.37%	6.26%	10.01%	4.23%
Research & Development	67.22M	76.24M	66.94M	65.95M	60.59M	54.49M	52.39M	46.5M	50.2M	51.94M	42.74M	43.86M	41.19M	36.74M	30.51M	31.28M	29.18M	25.23M	27.11M	29.88M
R&D % of Revenue	5.46%	7.22%	6.41%	3.92%	3.8%	4.97%	6.2%	3.07%	5.65%	5.14%	5.38%	3.79%	5.14%	4.53%	5.56%	3.12%	4.64%	4.06%	7.39%	3.29%
Other Operating Expenses	1000K	1000K	1000K	789K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	1000K
Operating Income	546.11M	450.39M	345.3M	547.92M	466.1M	361.61M	221.24M	456.77M	322M	372.51M	243.14M	397.78M	272.96M	168.51M	18M	-45.91M	-68.35M	144.83M	-57.8M	173.16M
Operating Margin %	44.37%	42.64%	33.07%	32.56%	29.22%	32.96%	26.2%	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%
Operating Income Growth %	17.17%	24.55%	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%
EBITDA	694.14M	598.23M	492.7M	688.55M	606.42M	486.25M	347.12M	581.19M	433.16M	469.85M	333.73M	487.48M	350.71M	240.22M	86.86M	24.64M	-930K	211.38M	7.4M	238.45M
EBITDA Margin %	56.39%	56.64%	47.18%	40.92%	38.02%	44.32%	41.1%	38.39%	48.8%	46.5%	42.03%	42.08%	43.78%	29.63%	15.84%	2.46%	-0.15%	34.04%	2.02%	26.28%
EBITDA Growth %	14.46%	23.03%	41.94%	18.47%	40%	3.49%	4.01%	19.22%	23.51%	95.59%	284.22%	1878.79%	37810.54%	13.64%	1073.27%	-89.67%	-100.8%	20.04%	-97.65%	103.07%
D&A (Non-Cash Add-back)	148.03M	147.84M	147.39M	140.63M	140.33M	124.64M	125.88M	124.42M	111.16M	97.34M	90.58M	89.69M	77.74M	71.7M	68.86M	70.54M	67.42M	66.55M	65.21M	65.29M
EBIT	568.42M	464.94M	361.95M	562.64M	474.47M	361.35M	226.58M	457.23M	336.35M	386.9M	264.73M	383.75M	294.2M	189.89M	36.42M	-3.44M	-58.69M	142.84M	-59.89M	169.7M
Net Interest Income	21.76M	24.36M	21.25M	16.19M	9.19M	2.92M	9.34M	3.78M	13.57M	14.83M	18.04M	16.5M	19.52M	23.61M	25.07M	15.2M	6.76M	-356K	-540K	-347K
Interest Income	24.15M	29.92M	28.86M	27.49M	23.31M	12.1M	18.86M	14.67M	22.58M	24.6M	27.25M	23.57M	23.25M	25.03M	25.82M	18.33M	9.75M	2.88M	2.33M	2.18M
Interest Expense	2.39M	5.56M	7.62M	11.3M	14.12M	9.18M	9.53M	10.89M	9.01M	9.77M	9.21M	7.07M	3.73M	1.42M	748K	3.13M	2.99M	3.24M	2.87M	2.53M
Other Income/Expense	19.92M	8.99M	9.03M	3.42M	-5.75M	-9.44M	-4.18M	-10.42M	5.34M	4.62M	12.38M	-21.1M	17.5M	19.96M	17.67M	39.33M	6.67M	-5.22M	-4.95M	-5.99M
Pretax Income	566.03M	459.38M	354.33M	551.34M	460.35M	352.17M	217.06M	446.35M	327.34M	377.13M	255.52M	376.68M	290.46M	188.47M	35.67M	-6.57M	-61.68M	139.6M	-62.75M	167.17M
Pretax Margin %	45.98%	43.49%	33.93%	32.76%	28.86%	32.1%	25.7%	29.48%	36.88%	37.32%	32.18%	32.51%	36.26%	23.25%	6.51%	-0.66%	-9.81%	22.48%	-17.1%	18.42%
Income Tax	-5.03M	36.81M	7.71M	30.46M	4.4M	10.3M	7.52M	53.23M	14.39M	27.77M	18.9M	27.44M	22.07M	17.89M	-6.89M	976K	-12.51M	83.8M	-19.5M	35.8M
Effective Tax Rate %	-0.89%	8.01%	2.18%	5.52%	0.96%	2.92%	3.47%	11.93%	4.39%	7.36%	7.4%	7.29%	7.6%	9.49%	-19.31%	-14.85%	20.29%	60.03%	31.07%	21.41%
Net Income	571.06M	422.57M	346.62M	520.88M	455.94M	341.87M	209.53M	393.12M	312.96M	349.36M	236.62M	349.24M	268.4M	170.58M	42.56M	-7.55M	-49.17M	55.8M	-43.26M	131.37M
Net Margin %	46.39%	40.01%	33.19%	30.95%	28.59%	31.16%	24.81%	25.96%	35.26%	34.57%	29.8%	30.14%	33.5%	21.04%	7.76%	-0.75%	-7.82%	8.99%	-11.78%	14.48%
Net Income Growth %	25.25%	23.61%	65.42%	32.5%	45.69%	-2.14%	-11.45%	12.56%	16.6%	104.81%	455.95%	4726.91%	645.88%	205.67%	198.4%	-105.75%	-208.77%	-32.32%	-120.63%	13.54%
Net Income (Continuing)	571.06M	422.57M	346.62M	520.88M	455.94M	341.87M	209.53M	393.12M	312.96M	349.36M	236.62M	349.24M	268.4M	170.58M	42.56M	-7.55M	-49.17M	55.8M	-43.26M	131.37M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	5.30	3.92	3.22	4.84	4.24	3.18	1.95	3.65	2.91	3.25	2.20	3.25	2.50	1.59	0.40	-0.07	-0.46	0.52	-0.41	1.23
EPS Growth %	25%	23.27%	65.13%	32.6%	45.7%	-2.15%	-11.36%	12.31%	16.4%	104.4%	450%	4690.4%	643.48%	205.77%	197.56%	-105.76%	-209.52%	-32.47%	-120.92%	13.89%
EPS (Basic)	5.31	3.93	3.23	4.85	4.25	3.19	1.96	3.67	2.92	3.26	2.21	3.27	2.51	1.60	0.40	-0.07	-0.46	0.52	-0.41	1.24
Diluted Shares Outstanding	107.7M	107.73M	107.62M	107.66M	107.54M	107.52M	107.42M	107.59M	107.56M	107.53M	107.41M	107.56M	107.5M	107.28M	107.15M	106.61M	106.6M	107.06M	106.41M	107.01M
Basic Shares Outstanding	107.47M	107.46M	107.36M	107.31M	107.26M	107.25M	107.12M	107.06M	107.05M	107.04M	106.91M	106.84M	106.83M	106.83M	106.67M	106.61M	106.6M	106.59M	105.5M	106.33M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-