First Solar (FSLR) Revenue & Revenue Breakdown


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First Solar Revenue Highlights


Latest Revenue (Y)

$3.32B

Latest Revenue (Q)

$887.67M

Main Segment (Y)

Solar Module

Main Geography (Y)

Other

First Solar Revenue by Period


First Solar Revenue by Year

DateRevenueChange
2023-12-31$3.32B26.70%
2022-12-31$2.62B-10.40%
2021-12-31$2.92B7.82%
2020-12-31$2.71B-11.48%
2019-12-31$3.06B36.50%
2018-12-31$2.24B-23.71%
2017-12-31$2.94B-0.34%
2016-12-31$2.95B-17.54%
2015-12-31$3.58B5.52%
2014-12-31$3.39B2.50%
2013-12-31$3.31B-1.77%
2012-12-31$3.37B21.77%
2011-12-31$2.77B7.91%
2010-12-31$2.56B24.07%
2009-12-26$2.07B65.79%
2008-12-27$1.25B147.29%
2007-12-29$503.98M273.39%
2006-12-30$134.97M180.83%
2005-12-31$48.06M255.44%
2004-12-31$13.52M321.25%
2003-12-31$3.21M555.10%
2002-12-31$490.00K100.00%
2001-12-31--

First Solar generated $3.32B in revenue during NA 2023, up 26.70% compared to the previous quarter, and up 147.88% compared to the same period a year ago.

First Solar Revenue by Quarter

DateRevenueChange
2024-09-30$887.67M-12.15%
2024-06-30$1.01B27.25%
2024-03-31$794.11M-31.46%
2023-12-31$1.16B44.62%
2023-09-30$801.09M-1.18%
2023-06-30$810.67M47.86%
2023-03-31$548.29M-45.30%
2022-12-31$1.00B59.38%
2022-09-30$628.93M1.28%
2022-06-30$620.96M69.18%
2022-03-31$367.04M-59.55%
2021-12-31$907.32M55.49%
2021-09-30$583.50M-7.26%
2021-06-30$629.18M-21.68%
2021-03-31$803.37M31.87%
2020-12-31$609.23M-34.32%
2020-09-30$927.57M44.39%
2020-06-30$642.41M20.73%
2020-03-31$532.12M-61.97%
2019-12-31$1.40B155.92%
2019-09-30$546.81M-6.52%
2019-06-30$584.96M9.96%
2019-03-31$531.98M-23.04%
2018-12-31$691.24M2.22%
2018-09-30$676.22M118.62%
2018-06-30$309.32M-45.47%
2018-03-31$567.26M67.25%
2017-12-31$339.18M-68.80%
2017-09-30$1.09B74.39%
2017-06-30$623.33M-30.10%
2017-03-31$891.79M85.62%
2016-12-31$480.43M-30.17%
2016-09-30$688.03M-26.37%
2016-06-30$934.38M10.12%
2016-03-31$848.48M-9.96%
2015-12-31$942.32M-25.87%
2015-09-30$1.27B41.85%
2015-06-30$896.22M91.01%
2015-03-31$469.21M-53.45%
2014-12-31$1.01B13.35%
2014-09-30$889.31M63.37%
2014-06-30$544.35M-42.71%
2014-03-31$950.16M23.65%
2013-12-31$768.44M-39.28%
2013-09-30$1.27B143.49%
2013-06-30$519.76M-31.18%
2013-03-31$755.21M-29.75%
2012-12-31$1.08B28.11%
2012-09-30$839.15M-12.35%
2012-06-30$957.33M92.60%
2012-03-31$497.06M-24.73%
2011-12-31$660.35M-34.34%
2011-09-30$1.01B88.78%
2011-06-30$532.77M-6.08%
2011-03-31$567.29M-6.97%
2010-12-31$609.80M-23.57%
2010-09-25$797.90M35.73%
2010-06-26$587.85M3.50%
2010-03-27$567.96M-11.43%
2009-12-26$641.26M33.36%
2009-10-29$480.85M-8.56%
2009-06-30$525.88M25.75%
2009-04-30$418.21M-3.56%
2008-12-27$433.65M24.36%
2008-09-27$348.69M30.58%
2008-06-28$267.04M35.61%
2008-03-29$196.91M-1.93%
2007-12-29$200.80M-

First Solar generated $887.67M in revenue during Q3 2024, up -12.15% compared to the previous quarter, and up 109.50% compared to the same period a year ago.

First Solar Revenue Breakdown


First Solar Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Operations and Maintenance$1.86M$11.99M$115.59M$107.70M-
Solar Module$23.30B$2.43B$5.90B$1.74B$1.46B
EPC Services--$2.94M$291.90M-
Solar Power Systems, Sales of$19.95M$153.29M$794.80M$1.15B-
Energy Generation$-19.00K$25.76M$61.95M$54.54M-
Module Plus-----

First Solar's latest annual revenue breakdown by segment (product or service), as of Dec 23: Solar Module (99.91%), Solar Power Systems, Sales of (0.09%), Operations and Maintenance (0.01%), and Energy Generation (-0.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Solar Module$21.70B$22.30B$23.40B$300.00M$23.00B$802.24M$536.59M$846.03M$619.92M$607.45M$354.88M$690.94M$4.60B$4.40B$4.10B$548.38M$422.48M$371.52M$393.68M$661.37M
Solar Power Systems, Sales of---$477.00K$217.00K$8.00M$11.26M$150.86M$90.00K$374.00K$1.97M$18.07M$471.17M$215.47M$90.08M$694.01M----
Energy Generation----$-1.00K$-1.00K$-17.00K$5.07M$5.44M$8.96M$6.29M$7.06M$14.34M$22.58M$17.97M$14.05M----
Operations and Maintenance---$487.00K$481.00K$441.00K$452.00K$437.00K$3.48M$4.18M$3.90M$26.35M$28.06M$31.70M$29.48M$25.31M----
EPC Services-----------$9.36M$-8.48M$1.14M$919.00K$4.63M----

First Solar's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Solar Module (100.00%).

First Solar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Other$21.79M----
All other foreign countries-$101.04M$82.88M$97.64M$133.92M
CANADA-$82.00K$5.29M$118.86M-
UNITED STATES-$2.19B$2.46B$1.84B$2.66B
JAPAN-$46.43M$207.61M$469.66M$34.23M
INDIA-$37.22M$37.65M$33.85M$7.45M
CHILE-$173.28M---
FRANCE-$67.66M$121.54M$127.10M$88.82M
AUSTRALIA--$11.81M$20.79M$138.33M
TURKEY----$426.00K

First Solar's latest annual revenue breakdown by geography, as of Dec 23: Other (100.00%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Other$674.00K$964.00K$697.00K$8.44M$11.70M$9.01M$13.51M$12.16M------------
Systems Segment--------$20.69M$86.22M$268.70M$60.85M$505.08M$270.89M$138.44M$738.00M$175.62M$356.21M$333.16M$575.69M

First Solar's latest quarterly revenue breakdown by geography, as of Mar 24: Other (100.00%).

First Solar Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$3.32B$887.67M
SEDGSolarEdge$2.98B$265.40M
ENPHEnphase Energy$2.29B$380.87M
RUNSunrun$2.26B$537.17M
SPWRSunPower$1.69B$356.90M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$235.29M

FSLR Revenue FAQ


What is First Solar’s yearly revenue?

First Solar's yearly revenue for 2023 was $3.32B, representing an increase of 26.70% compared to 2022. The company's yearly revenue for 2022 was $2.62B, representing a decrease of -10.40% compared to 2021. FSLR's yearly revenue for 2021 was $2.92B, representing an increase of 7.82% compared to 2020.

What is First Solar’s quarterly revenue?

First Solar's quarterly revenue for Q3 2024 was $887.67M, a -12.15% decrease from the previous quarter (Q2 2024), and a 10.81% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.01B, a 27.25% increase from the previous quarter (Q1 2024), and a 24.65% increase year-over-year (Q2 2023). FSLR's quarterly revenue for Q1 2024 was $794.11M, a -31.46% decrease from the previous quarter (Q4 2023), and a 44.83% increase year-over-year (Q1 2023).

What is First Solar’s revenue growth rate?

First Solar's revenue growth rate for the last 3 years (2021-2023) was 13.52%, and for the last 5 years (2019-2023) was 8.34%.

What are First Solar’s revenue streams?

First Solar's revenue streams in c 23 are Operations and Maintenance, Solar Module, Solar Power Systems, Sales of, and Energy Generation. Operations and Maintenance generated $1.86M in revenue, accounting 0.01% of the company's total revenue, down -84.49% year-over-year. Solar Module generated $23.3B in revenue, accounting 99.91% of the company's total revenue, up 859.53% year-over-year. Solar Power Systems, Sales of generated $19.95M in revenue, accounting 0.09% of the company's total revenue, down -86.98% year-over-year. Energy Generation generated $-19K in revenue, accounting -0.00% of the company's total revenue, down -100.07% year-over-year.

What is First Solar’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of First Solar was Solar Module. This segment made a revenue of $23.3B, representing 99.91% of the company's total revenue.