FSLR Q3 2023 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q3 2023 Earnings

Income Statement

Revenue

$801M+27.4% YoY

Gross Profit

$376M47.0% margin

Operating Income

$273M34.1% margin

Net Income

$268M33.5% margin

EPS (Diluted)

$2.50

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$165M

Free Cash Flow

-$121M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$3.3B

Stockholders' Equity

$6.3B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$801M	$629M	+27.4%
Gross Profit	$376M	$21M	+1692.8%
Operating Income	$273M	-$68M	+499.3%
Net Income	$268M	-$49M	+645.9%

Revenue Segments

Solar Module

$800M100%

Other

$697,0000%