FSLR Q2 2020 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$22B

Q2 2020 Earnings

Income Statement

Revenue

$642M+9.8% YoY

Gross Profit

$137M21.4% margin

Operating Income

$51M7.9% margin

Net Income

$37M5.7% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+20.7%

Cash Flow

Operating Cash Flow

$148M

Free Cash Flow

$39M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$1.8B

Stockholders' Equity

$5.2B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$642M	$585M	+9.8%
Gross Profit	$137M	$77M	+78.1%
Operating Income	$51M	-$9M	+692.9%
Net Income	$37M	-$19M	+299.0%

Revenue Segments

Solar Module

$3.5B100%