Stock Analysis on Net

First Solar Inc. (NASDAQ:FSLR)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Analysis of Revenues

Microsoft Excel

Revenues as Reported

First Solar Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Solar modules 2,428,278 2,331,380 1,736,060 1,460,116 502,001
Solar power systems 153,290 513,362 794,797 1,148,856 1,244,175
Energy generation 25,756 37,614 61,948 54,539 47,122
O&M services 11,995 43,060 115,590 107,705 103,186
EPC services (2,039) 2,937 291,901 347,560
Net sales 2,619,319 2,923,377 2,711,332 3,063,117 2,244,044

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Item Description The company
Net sales Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). First Solar Inc. net sales increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.