FSLR Q3 2022 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q3 2022 Earnings

Income Statement

Revenue

$629M+7.8% YoY

Gross Profit

$21M3.3% margin

Operating Income

-$68M-10.9% margin

Net Income

-$49M-7.8% margin

EPS (Diluted)

$-0.46

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$129M

Free Cash Flow

-$94M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$1.7B

Stockholders' Equity

$5.8B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$629M	$584M	+7.8%
Gross Profit	$21M	$125M	-83.2%
Operating Income	-$68M	$51M	-234.4%
Net Income	-$49M	$45M	-208.8%

Revenue Segments

Solar Module

$620M99%

Other

$9M1%