First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
127.32
+0.72 (0.57%)
At close: Mar 28, 2025, 4:00 PM
127.29
-0.03 (-0.02%)
After-hours: Mar 28, 2025, 5:01 PM EDT

First Solar Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Revenue
4,2063,3192,6192,9232,711
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Revenue Growth (YoY)
26.75%26.70%-10.40%7.82%-11.48%
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Cost of Revenue
2,3482,0182,5492,1932,013
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Gross Profit
1,8581,30169.86729.95698.07
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Selling, General & Admin
188.26197.62164.72170.32222.92
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Research & Development
191.38152.31112.899.1293.74
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Operating Expenses
464.13414.71350.61290.49357.18
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Operating Income
1,394885.97-280.75439.47340.89
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Interest Expense
-38.87-12.97-12.23-13.11-24.04
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Interest & Investment Income
89.0997.6733.286.1816.56
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Earnings From Equity Investments
-----2.13
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Currency Exchange Gain (Loss)
-29.64-23.3-15.46-9.18-2.33
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Other Non Operating Income (Expenses)
-8.67-27.3730.23-10.18-29.84
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EBT Excluding Unusual Items
1,406920.01-244.91413.18299.12
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Gain (Loss) on Sale of Investments
0.01-0.01-11.715.35
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Gain (Loss) on Sale of Assets
1.126.88253.51147.28-
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Asset Writedown
-----17.4
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Legal Settlements
-0.43-35.59---6
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Pretax Income
1,406891.298.6572.16291.06
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Income Tax Expense
114.2960.5152.76103.47-107.29
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Net Income
1,292830.78-44.17468.69398.36
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Net Income to Common
1,292830.78-44.17468.69398.36
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Net Income Growth
55.52%--17.66%-
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Shares Outstanding (Basic)
107107107106106
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Shares Outstanding (Diluted)
108107107107107
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Shares Change (YoY)
0.14%0.77%-0.35%0.22%1.31%
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EPS (Basic)
12.077.78-0.414.413.76
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EPS (Diluted)
12.027.74-0.414.383.73
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EPS Growth
55.30%--17.43%-
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Free Cash Flow
-308.08-784.52-30.24-302.73-379.52
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Free Cash Flow Per Share
-2.87-7.31-0.28-2.83-3.56
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Gross Margin
44.17%39.19%2.67%24.97%25.75%
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Operating Margin
33.13%26.70%-10.72%15.03%12.57%
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Profit Margin
30.72%25.03%-1.69%16.03%14.69%
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Free Cash Flow Margin
-7.32%-23.64%-1.15%-10.36%-14.00%
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EBITDA
1,8171,194-11.02699.37573.81
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EBITDA Margin
43.20%35.98%-0.42%23.92%21.16%
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D&A For EBITDA
423.5307.99269.72259.9232.93
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EBIT
1,394885.97-280.75439.47340.89
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EBIT Margin
33.13%26.70%-10.72%15.03%12.57%
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Effective Tax Rate
8.13%6.79%613.68%18.08%-
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Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q