FSLR Q1 2022 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q1 2022 Earnings

Income Statement

Revenue

$367M-54.3% YoY

Gross Profit

$11M3.1% margin

Operating Income

-$58M-15.7% margin

Net Income

-$43M-11.8% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

-59.5%

Cash Flow

Operating Cash Flow

-$139M

Free Cash Flow

-$294M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$1.5B

Stockholders' Equity

$5.9B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$367M	$803M	-54.3%
Gross Profit	$11M	$185M	-93.8%
Operating Income	-$58M	$252M	-122.9%
Net Income	-$43M	$210M	-120.6%

Revenue Segments

Solar Module

$355M97%

Other

$12M3%