First Solar, Inc.
FSLRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
4,206
Cost of Revenue
2,348
Gross Profit
1,858
Gross Margin
44.2%
Operating Income
1,394
Operating Margin
33.2%
Net Income
1,292
Net Margin
30.7%
EPS (Basic)
$12.07
EPS (Diluted)
$12.02
EBITDA
1,869
EBITDA Margin
44.4%
2023
12/31/2023
Revenue
3,319
Cost of Revenue
2,018
Gross Profit
1,301
Gross Margin
39.2%
Operating Income
857
Operating Margin
25.8%
Net Income
831
Net Margin
25.0%
EPS (Basic)
$7.78
EPS (Diluted)
$7.74
EBITDA
1,212
EBITDA Margin
36.5%
2022
12/31/2022
Revenue
2,619
Cost of Revenue
2,549
Gross Profit
70
Gross Margin
2.7%
Operating Income
-27
Operating Margin
-1.0%
Net Income
-44
Net Margin
-1.7%
EPS (Basic)
$-0.41
EPS (Diluted)
$-0.41
EBITDA
291
EBITDA Margin
11.1%
2021
12/31/2021
Revenue
2,923
Cost of Revenue
2,193
Gross Profit
730
Gross Margin
25.0%
Operating Income
587
Operating Margin
20.1%
Net Income
469
Net Margin
16.0%
EPS (Basic)
$4.41
EPS (Diluted)
$4.38
EBITDA
845
EBITDA Margin
28.9%
2020
12/31/2020
Revenue
2,711
Cost of Revenue
2,031
Gross Profit
681
Gross Margin
25.1%
Operating Income
317
Operating Margin
11.7%
Net Income
398
Net Margin
14.7%
EPS (Basic)
$3.76
EPS (Diluted)
$3.73
EBITDA
550
EBITDA Margin
20.3%