FSLR Q1 2024 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q1 2024 Earnings

Income Statement

Revenue

$794M+44.8% YoY

Gross Profit

$346M43.6% margin

Operating Income

$243M30.6% margin

Net Income

$237M29.8% margin

EPS (Diluted)

$2.20

QoQ Revenue Growth

-31.5%

Cash Flow

Operating Cash Flow

$268M

Free Cash Flow

-$146M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$3.9B

Stockholders' Equity

$6.9B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$794M	$548M	+44.8%
Gross Profit	$346M	$112M	+208.8%
Operating Income	$243M	$18M	+1250.6%
Net Income	$237M	$43M	+455.9%

Revenue Segments

Modules Segment

$793M100%

Other

$674,0000%