Gross Profit
The latest quarterly gross profit is $485.39M with a quarterly period change of (27.05%). Gross profit is revenue minus cost of revenue, before operating expenses, interest, and taxes.
FSLR Gross Profit
Reported quarterly gross profit; no daily interpolation.
FSLR Quarterly Gross Profit Growth (YoY)
Gross Profit growth vs the same quarter one year earlier, last 20 quarters.
Gross Profit CAGR (Compound Annual Growth Rate)
1 Year
+20.95%
3 Year
+136.69%
5 Year
+23.88%
10 Year
+5.13%
15 Year
+4.54%
20 Year
+19.51%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Quarterly Gross Profit History
| Period | Gross Profit | % Change |
|---|---|---|
| Q1 2026 | $485.39M | (27.05%) |
| Q4 2025 | $665.34M | +8.94% |
| Q3 2025 | $610.75M | +22.19% |
| Q2 2025 | $499.85M | +39.72% |
| Q1 2025 | $357.76M | (36.98%) |
| Q4 2024 | $567.66M | +27.48% |
| Q3 2024 | $445.31M | (10.74%) |
| Q2 2024 | $498.89M | +44.19% |
| Q1 2024 | $346.00M | (31.08%) |
| Q4 2023 | $502.03M | +33.46% |
| Q3 2023 | $376.18M | +21.18% |
| Q2 2023 | $310.42M | +177.03% |
| Q1 2023 | $112.05M | +84.86% |
| Q4 2022 | $60.61M | +188.88% |
| Q3 2022 | $20.98M | +190.44% |
| Q2 2022 | ($23.20M) | (302.39%) |
| Q1 2022 | $11.46M | (95.35%) |
| Q4 2021 | $246.49M | +97.86% |
| Q3 2021 | $124.58M | (28.45%) |
| Q2 2021 | $174.12M | (5.76%) |
| Q1 2021 | $184.77M | +15.58% |
| Q4 2020 | $159.86M | (45.44%) |
| Q3 2020 | $293.01M | +113.16% |
| Q2 2020 | $137.46M | +52.16% |
| Q1 2020 | $90.34M | (72.92%) |
| Q4 2019 | $333.56M | +141.07% |
| Q3 2019 | $138.36M | +79.27% |
| Q2 2019 | $77.18M | +68812.50% |
| Q1 2019 | $112,000 | (99.89%) |
| Q4 2018 | $98.31M | (23.87%) |
| Q3 2018 | $129.13M | +1702.47% |
| Q2 2018 | ($8.06M) | (104.66%) |
| Q1 2018 | $172.80M | +178.39% |
| Q4 2017 | $62.07M | (78.73%) |
| Q3 2017 | $291.80M | +163.14% |
| Q2 2017 | $110.89M | +31.73% |
| Q1 2017 | $84.18M | +972.68% |
| Q4 2016 | $7.85M | (95.41%) |
| Q3 2016 | $170.91M | (6.12%) |
| Q2 2016 | $182.05M | (34.42%) |
| Q1 2016 | $277.61M | (37.61%) |
| Q4 2015 | $444.93M | (8.14%) |
| Q3 2015 | $484.37M | +194.48% |
| Q2 2015 | $164.48M | +321.96% |
| Q1 2015 | $38.98M | (87.27%) |
| Q4 2014 | $306.10M | +61.62% |
| Q3 2014 | $189.40M | +104.26% |
| Q2 2014 | $92.72M | (60.83%) |
| Q1 2014 | $236.71M | +23.82% |
| Q4 2013 | $191.17M | (47.48%) |
| Q3 2013 | $364.03M | +159.84% |
| Q2 2013 | $140.10M | (17.26%) |
| Q1 2013 | $169.33M | (42.32%) |
| Q4 2012 | $293.55M | +22.97% |
| Q3 2012 | $238.72M | (2.06%) |
| Q2 2012 | $243.74M | +217.60% |
| Q1 2012 | $76.75M | (44.44%) |
| Q4 2011 | $138.12M | (63.57%) |
| Q3 2011 | $379.16M | +94.64% |
| Q2 2011 | $194.80M | (24.98%) |
| Q1 2011 | $259.67M | (12.49%) |
| Q4 2010 | $296.72M | (7.82%) |
| Q3 2010 | $321.89M | +13.26% |
| Q2 2010 | $284.19M | +0.77% |
| Q1 2010 | $282.04M | +5.95% |
| Q4 2009 | $266.21M | +8.66% |
| Q3 2009 | $244.99M | (17.81%) |
| Q2 2009 | $298.10M | +26.70% |
| Q1 2009 | $235.28M | +0.58% |
| Q4 2008 | $233.93M | +19.69% |
| Q3 2008 | $195.44M | +35.07% |
| Q2 2008 | $144.70M | +38.70% |
| Q1 2008 | $104.32M | (5.97%) |
| Q4 2007 | $110.95M | +35.24% |
| Q3 2007 | $82.04M | +189.17% |
| Q2 2007 | $28.37M | (5.56%) |
| Q1 2007 | $30.04M | +17.28% |
| Q4 2006 | $25.61M | +57.56% |
| Q3 2006 | $16.26M | (40.72%) |
| Q2 2006 | $27.43M | +0.00% |
| Q1 2006 | $27.43M | +101.94% |
| Q4 2005 | $13.58M | +18.16% |
| Q3 2005 | $11.49M | +0.00% |
| Q2 2005 | $11.49M | +0.00% |
| Q1 2005 | $11.49M | +240.06% |
| Q4 2004 | $3.38M | (0.03%) |
| Q3 2004 | $3.38M | +0.00% |
| Q2 2004 | $3.38M | +0.00% |
| Q1 2004 | $3.38M | - |
About First Solar, Inc.
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
- Sector
- Energy
- Industry
- Solar
- CEO
- Mark R. Widmar