First Solar Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2003
Revenue	3,319	2,619	2,923	2,711	3,063	Upgrade
Revenue Growth (YoY)	26.70%	-10.40%	7.82%	-11.48%	36.50%	Upgrade
Cost of Revenue	2,018	2,549	2,193	2,031	2,514	Upgrade
Gross Profit	1,301	69.86	729.95	680.67	549.21	Upgrade
Selling, General & Admin	197.62	164.72	170.32	222.92	205.47	Upgrade
Research & Development	152.31	112.8	99.12	93.74	96.61	Upgrade
Other Operating Expenses	100.37	73.08	21.05	46.53	408.92	Upgrade
Operating Expenses	450.3	350.61	290.49	363.18	711	Upgrade
Operating Income	850.38	-280.75	439.47	317.49	-161.79	Upgrade
Interest Expense / Income	12.97	12.23	13.11	24.04	27.07	Upgrade
Other Expense / Income	-53.87	-301.57	-145.8	2.39	-68.44	Upgrade
Pretax Income	891.29	8.6	572.16	291.06	-120.41	Upgrade
Income Tax	60.51	52.76	103.47	-107.29	-5.48	Upgrade
Net Income	830.78	-44.17	468.69	398.36	-114.93	Upgrade
Net Income Growth	-	-	17.66%	-	-	Upgrade
Shares Outstanding (Basic)	107	107	106	106	105	Upgrade
Shares Outstanding (Diluted)	107	107	107	107	105	Upgrade
Shares Change	0.77%	-0.35%	0.22%	1.31%	-0.76%	Upgrade
EPS (Basic)	7.78	-0.41	4.41	3.76	-1.09	Upgrade
EPS (Diluted)	7.74	-0.41	4.38	3.73	-1.09	Upgrade
EPS Growth	-	-	17.43%	-	-	Upgrade
Free Cash Flow	-784.52	-30.24	-302.73	-379.52	-494.52	Upgrade
Free Cash Flow Per Share	-7.35	-0.28	-2.85	-3.58	-4.70	Upgrade
Gross Margin	39.19%	2.67%	24.97%	25.10%	17.93%	Upgrade
Operating Margin	25.62%	-10.72%	15.03%	11.71%	-5.28%	Upgrade
Profit Margin	25.03%	-1.69%	16.03%	14.69%	-3.75%	Upgrade
Free Cash Flow Margin	-23.64%	-1.15%	-10.36%	-14.00%	-16.14%	Upgrade
Effective Tax Rate	6.79%	613.68%	18.08%	-36.86%	-	Upgrade
EBITDA	1,212	290.55	845.17	548.02	112.13	Upgrade
EBITDA Margin	36.53%	11.09%	28.91%	20.21%	3.66%	Upgrade
Depreciation & Amortization	307.99	269.72	259.9	232.93	205.48	Upgrade
EBIT	904.26	20.82	585.27	315.1	-93.35	Upgrade
EBIT Margin	27.25%	0.79%	20.02%	11.62%	-3.05%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).