First Solar
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Solar's past years’ income statements indicate that its last revenue has increased compared to the previous period by 27% to $3,318,602,000. The net income raised on $830,777,000 and profit margin reached 25%. Total operating expenses were $443,413,000.
Profit Margin
| 2014 | 3.39B | 396.91M | 11.7% |
|---|---|---|---|
| 2015 | 3.57B | 546.42M | 15.27% |
| 2016 | 2.95B | -357.96M | -12.13% |
| 2017 | 2.94B | -165.61M | -5.63% |
| 2018 | 2.24B | 144.32M | 6.43% |
| 2019 | 3.06B | -114.64M | -3.74% |
| 2020 | 2.71B | 398.35M | 14.69% |
| 2021 | 2.92B | 468.69M | 16.03% |
| 2022 | 2.61B | -44.16M | -1.69% |
| 2023 | 3.31B | 830.77M | 25.03% |
0R06.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.31B | 2.61B | 2.92B | 2.71B | 3.06B | 2.24B | 2.94B | 2.95B | 3.57B | 3.39B |
Cost of revenue | 2.01B | 2.54B | 2.19B | 2.03B | 2.51B | 1.85B | 2.39B | 2.24B | 2.65B | 2.56B |
Gross profit | 1.30B | 69.85M | 729.95M | 680.67M | 549.21M | 392.17M | 548.94M | 703.97M | 919.26M | 827.10M |
Operating exp. | ||||||||||
Research and development | 152.30M | 112.80M | 99.11M | 93.73M | 96.61M | 84.47M | 88.57M | 124.76M | 130.59M | 143.96M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 443.41M | 350.60M | 290.48M | 357.18M | 347.99M | 352.06M | 333.91M | 387.77M | 402.60M | 402.94M |
Operating income | 857.26M | -216.27M | 186.06M | 95.19M | 62.17M | 40.11M | 177.85M | -502.59M | 516.66M | 424.16M |
Other income (expenses), net | 34.02M | 224.87M | 386.10M | -24.29M | -182.3M | 39.16M | 24.26M | -792.54M | 3.17M | 7.82M |
Income before tax | 891.29M | 8.59M | 572.16M | 293.19M | -120.12M | 113.14M | 202.11M | -471.69M | 519.83M | 431.99M |
Income tax expense | 60.51M | 52.76M | 103.46M | -107.29M | -5.48M | 3.44M | 371.99M | 58.21M | -6.15M | 30.12M |
Net income | 830.77M | -44.16M | 468.69M | 398.35M | -114.64M | 144.32M | -165.61M | -357.96M | 546.42M | 396.91M |
Earnings per share | ||||||||||
Basic EPS | 7.78 | -0.41 | 4.41 | 3.76 | -1.09 | 1.38 | -1.59 | -3.48 | 5.42 | 3.97 |
Diluted EPS | 7.74 | -0.41 | 4.38 | 3.73 | -1.09 | 1.36 | -1.59 | -3.48 | 5.37 | 3.91 |
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