FSLR Q2 2024 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q2 2024 Earnings

Income Statement

Revenue

$1.0B+24.6% YoY

Gross Profit

$499M49.4% margin

Operating Income

$373M36.9% margin

Net Income

$349M34.6% margin

EPS (Diluted)

$3.25

QoQ Revenue Growth

+27.2%

Cash Flow

Operating Cash Flow

$193M

Free Cash Flow

-$172M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$11.0B

Total Liabilities

$3.8B

Stockholders' Equity

$7.3B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$811M	+24.6%
Gross Profit	$499M	$310M	+60.7%
Operating Income	$373M	$169M	+121.1%
Net Income	$349M	$171M	+104.8%

Revenue Segments

Modules Segment

$1.0B100%

Other

$2M0%