Energy - Solar - NASDAQ - US
$ 190.45
-2.4 %
$ 20.4 B
Market Cap
16.4
P/E
INCOME STATEMENT
3.32 B
REVENUE
857 M
OPERATING INCOME
831 M
NET INCOME
EFFICIENCY
Earnings Waterfall
First Solar, Inc.
| Revenue | 3.32 B |
| Cost Of Revenue | 2.02 B |
| Gross Profit | 1.3 B |
| Operating Expenses | 443 M |
| Operating Income | 857 M |
| Other Expenses | 26.5 M |
| Net Income | 831 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||
| Revenue | 3 318.6 | 2 619.3 | 2 923.4 | 2 711.3 | 3 063.1 | 2 244.0 | 2 941.3 | 2 951.3 | 3 579.0 | 3 391.8 | 3 309.0 | 3 368.5 | 2 766.2 | 2 563.5 | 2 066.2 | 1 246.3 | 504.0 | 135.0 | 48.1 | 13.5 | 3.2 | 0.5 | 0 |
| GROSS PROFIT | |||||||||||||||||||||||
| Cost Of Revenue | 2 017.9 | 2 549.5 | 2 193.4 | 2 030.7 | 2 513.9 | 1 851.9 | 2 392.4 | 2 247.3 | 2 659.7 | 2 564.7 | 2 446.2 | 2 515.8 | 1 794.5 | 1 378.7 | 1 021.6 | 567.9 | 252.6 | 80.7 | 31.5 | 18.9 | 0 | 7.0 | 14.3 |
| Gross Profit | 1 300.7 | 69.9 | 730.0 | 680.7 | 549.2 | 392.2 | 548.9 | 704.0 | 919.3 | 827.1 | 862.8 | 852.7 | 971.8 | 1 184.8 | 1 044.6 | 678.4 | 251.4 | 54.2 | 16.6 | (5.3) | 3.2 | (6.5) | (14.3) |
| OPERATING INCOME | |||||||||||||||||||||||
| Operating Expenses | 443.4 | 350.6 | 290.5 | 357.2 | 348.0 | 352.1 | 333.9 | 387.8 | 402.6 | 402.9 | 407.3 | 421.2 | 586.7 | 435.9 | 365.0 | 240.1 | 114.2 | 51.4 | 21.4 | 11.5 | 0 | 15.6 | 11.5 |
| Selling, General and Administrative Expenses | 197.6 | 164.7 | 170.3 | 222.9 | 205.5 | 176.9 | 202.7 | 262.0 | 255.2 | 253.8 | 270.3 | 280.9 | 446.2 | 341.1 | 272.9 | 206.5 | 99.1 | 45.1 | 19.0 | 10.2 | 0 | 9.6 | 7.6 |
| Research and Development Expenses | 152.3 | 112.8 | 99.1 | 93.7 | 96.6 | 84.5 | 88.6 | 124.8 | 130.6 | 144.0 | 134.3 | 132.5 | 140.5 | 94.8 | 78.2 | 33.5 | 15.1 | 6.4 | 2.4 | 1.2 | 0 | 6.0 | 3.8 |
| Operating Income | 857.3 | (216.3) | 186.1 | 95.2 | 62.2 | 40.1 | 177.9 | (502.6) | 516.7 | 424.2 | 368.5 | (37.6) | (68.7) | 748.9 | 679.6 | 438.3 | 137.2 | 2.8 | (4.8) | (16.8) | 3.2 | (22.1) | (25.7) |
| PRE-TAX INCOME | |||||||||||||||||||||||
| Interest Income Expense | 13.0 | 12.2 | 13.1 | 24.0 | 27.1 | 25.9 | 25.8 | 20.5 | 7.0 | 16.0 | 1.9 | 13.9 | 100 K | 6 K | 5.3 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | 34.0 | 35.8 | (14.6) | (24.3) | 41.7 | 73.0 | 24.3 | 109.6 | 3.2 | 7.8 | 7.8 | (2.2) | 15.0 | 13.2 | 6.7 | 25.4 | 18.8 | 6.4 | (1.8) | 10 K | (31.3) | (4.1) | (1.4) |
| Pre-Tax Income | 891.3 | 8.6 | 572.2 | 293.2 | (120.1) | 113.1 | 202.1 | (471.7) | 519.8 | 432.0 | 378.2 | (39.8) | (53.7) | 762.1 | 686.3 | 463.8 | 156.0 | 9.2 | (6.6) | (16.8) | (28.0) | (26.2) | (27.1) |
| NET INCOME | |||||||||||||||||||||||
| Tax Provision | 60.5 | 52.8 | 103.5 | (107.3) | (5.5) | 3.4 | 372.0 | 58.2 | (6.2) | 30.1 | 25.2 | 56.5 | (14.2) | 97.9 | 46.2 | 115.4 | (2.4) | 5.2 | 89 K | 10 K | 28.0 | 4.2 | 27.1 |
| Net Income | 830.8 | (44.2) | 468.7 | 398.4 | (114.6) | 144.3 | (165.6) | (358.0) | 546.4 | 396.9 | 353.0 | (96.3) | (39.5) | 664.2 | 640.1 | 348.3 | 158.4 | 4.0 | (6.5) | (16.8) | (28.0) | (26.2) | (27.1) |
| EPS | 7.78 | 0.41 | 4.41 | 3.76 | 1.09 | 1.38 | 1.59 | 3.48 | 5.42 | 3.97 | 3.77 | 1.11 | 0.46 | 7.82 | 7.67 | 4.34 | 2.12 | 0.07 | 0.13 | 0.39 | 0.78 | 0.49 | 0.5 |