FSLR Q1 2021 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q1 2021 Earnings

Income Statement

Revenue

$803M+51.0% YoY

Gross Profit

$185M23.0% margin

Operating Income

$252M31.4% margin

Net Income

$210M26.1% margin

EPS (Diluted)

$1.96

QoQ Revenue Growth

+31.9%

Cash Flow

Operating Cash Flow

-$279M

Free Cash Flow

-$370M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$1.4B

Stockholders' Equity

$5.7B

Cash & Equivalents

$973M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$803M	$532M	+51.0%
Gross Profit	$185M	$90M	+104.5%
Operating Income	$252M	$2M	+15138.4%
Net Income	$210M	$91M	+131.2%

Revenue Segments

Solar Module

$535M67%

Other

$269M33%