FSLR Q3 2024 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q3 2024 Earnings

Income Statement

Revenue

$888M+10.8% YoY

Gross Profit

$445M50.2% margin

Operating Income

$322M36.3% margin

Net Income

$313M35.3% margin

EPS (Diluted)

$2.91

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

-$54M

Free Cash Flow

-$488M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$3.8B

Stockholders' Equity

$7.6B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$888M	$801M	+10.8%
Gross Profit	$445M	$376M	+18.4%
Operating Income	$322M	$273M	+18.0%
Net Income	$313M	$268M	+16.6%

Revenue Segments

Modules Segment

$887M100%

Other

$1M0%