FSLR Q4 2023 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena

FSLRFirst Solar, Inc.

$21B

Q4 2023 Earnings

Income Statement

Revenue

$1.2B+15.6% YoY

Gross Profit

$502M43.3% margin

Operating Income

$398M34.3% margin

Net Income

$349M30.1% margin

EPS (Diluted)

$3.25

QoQ Revenue Growth

+44.6%

Cash Flow

Operating Cash Flow

$561M

Free Cash Flow

$214M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$3.7B

Stockholders' Equity

$6.7B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.0B	+15.6%
Gross Profit	$502M	$61M	+728.3%
Operating Income	$398M	-$46M	+966.5%
Net Income	$349M	-$8M	+4726.9%

Revenue Segments

Solar Module

$1.2B100%

Other

$964,0000%