FSLR Q3 2020 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$22B

Q3 2020 Earnings

Income Statement

Revenue

$928M+69.6% YoY

Gross Profit

$293M31.6% margin

Operating Income

$207M22.3% margin

Net Income

$155M16.7% margin

EPS (Diluted)

$1.45

QoQ Revenue Growth

+44.4%

Cash Flow

Operating Cash Flow

$208M

Free Cash Flow

$102M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$1.6B

Stockholders' Equity

$5.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$928M	$547M	+69.6%
Gross Profit	$293M	$138M	+111.8%
Operating Income	$207M	$41M	+401.6%
Net Income	$155M	$31M	+406.3%

Revenue Segments

Solar Module

$3.4B100%