First Solar, Inc.

FSLR · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$4,206,289$3,318,602$2,619,319$2,923,377
% Growth26.7%26.7%-10.4%
Cost of Goods Sold$2,348,425$2,017,923$2,549,461$2,193,423
Gross Profit$1,857,864$1,300,679$69,858$729,954
% Margin44.2%39.2%2.7%25%
R&D Expenses$191,375$152,307$112,804$99,115
G&A Expenses$0$0$0$0
SG&A Expenses$188,262$197,622$164,724$170,320
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$83,807$93,484-$180,434-$126,232
Operating Expenses$463,444$443,413$97,094$143,203
Operating Income$1,394,420$857,266-$27,236$586,751
% Margin33.2%25.8%-1%20.1%
Other Income/Exp. Net$11,918$34,024$35,834-$14,589
Pre-Tax Income$1,406,338$891,290$8,598$572,162
Tax Expense$114,294$60,513$52,764$103,469
Net Income$1,292,044$830,777-$44,166$468,693
% Margin30.7%25%-1.7%16%
EPS12.077.78-0.414.41
% Growth55.1%1,997.6%-109.3%
EPS Diluted12.027.74-0.414.38
Weighted Avg Shares Out107,015106,795106,551106,263
Weighted Avg Shares Out Dil107,525107,372106,551106,924
Supplemental Information
Interest Income$89,090$97,667$33,284$6,179
Interest Expense$38,870$12,965$12,225$13,107
Depreciation & Amortization$423,498$307,994$269,724$259,900
EBITDA$1,868,706$1,212,249$290,547$845,169
% Margin44.4%36.5%11.1%28.9%