First Solar (FSLR)
Builds cadmium-telluride thin-film solar modules for utility-scale power projects.
$200.61
vs last close+0.77 (+0.39%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 801 | 1,159 | 794 | 1,010 | 888 | 1,514 | 845 | 1,097 | 1,595 | 1,683 | 1,044 | 1,056 |
| Cost of revenue | 425 | 657 | 448 | 512 | 442 | 946 | 500 | 597 | 984 | 1,017 | 558 | 451 |
| Gross profit | 376 | 502 | 346 | 499 | 445 | 568 | 344 | 500 | 611 | 665 | 486 | 605 |
| 103 | 104 | 103 | 126 | 123 | 111 | 123 | 138 | 145 | 117 | 141 | 155 | |
| Research & development | 41 | 44 | 43 | 52 | 50 | 46 | 52 | 54 | 61 | 66 | 67 | 76 |
| Selling, general & administrative | 50 | 57 | 46 | 47 | 46 | 50 | 53 | 53 | 47 | 51 | 65 | 52 |
| Other expenses | 12 | 3 | 14 | 28 | 27 | 15 | 18 | 31 | 37 | 1 | 9 | 26 |
| Operating income | 273 | 398 | 243 | 373 | 322 | 457 | 221 | 362 | 466 | 548 | 345 | 450 |
| 18 | −21 | 12 | 5 | 5 | −10 | −4 | −9 | −6 | 3 | 9 | 9 | |
| Interest income | 23 | 24 | 27 | 25 | 23 | 15 | 19 | 12 | 23 | 27 | 29 | 30 |
| Interest expense | 4 | 7 | 9 | 10 | 9 | 11 | 10 | 9 | 14 | 11 | 8 | 6 |
| Other non-operating income | −21 | 14 | −22 | −14 | −14 | 0 | −5 | 0 | −8 | −15 | −17 | −15 |
| Income before tax | 290 | 377 | 256 | 377 | 327 | 446 | 217 | 352 | 460 | 551 | 354 | 459 |
| Income tax expense | 22 | 27 | 19 | 28 | 14 | 53 | 8 | 10 | 4 | 30 | 8 | 37 |
| Net income from continuing operations | 268 | 349 | 237 | 349 | 313 | 393 | 210 | 342 | 456 | 521 | 347 | 423 |
| Net income | 268 | 349 | 237 | 349 | 313 | 393 | 210 | 342 | 456 | 521 | 347 | 423 |
| EPS, basic | $2.51 | $3.27 | $2.21 | $3.26 | $2.92 | $3.67 | $1.96 | $3.19 | $4.25 | $4.85 | $3.23 | $3.93 |
| EPS, diluted | $2.50 | $3.25 | $2.20 | $3.25 | $2.91 | $3.65 | $1.95 | $3.18 | $4.24 | $4.84 | $3.22 | $3.92 |
| Weighted average shares, basic | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 |
| Weighted average shares, diluted | 107 | 108 | 107 | 108 | 108 | 108 | 107 | 108 | 108 | 108 | 108 | 108 |
| EBITDA | 372 | 473 | 355 | 484 | 448 | 582 | 351 | 485 | 615 | 703 | 509 | 613 |
| Depreciation & amortization | 78 | 90 | 91 | 97 | 111 | 124 | 125 | 123 | 140 | 141 | 147 | 148 |
| EBIT | 294 | 384 | 265 | 387 | 336 | 457 | 227 | 361 | 474 | 563 | 362 | 465 |
