First Net Income from 2010 to 2024

FSLR Stock  USD 180.10  3.82  2.17%   
First Solar Net Income yearly trend continues to be relatively stable with very little volatility. Net Income is likely to grow to about 872.3 M this year. During the period from 2010 to 2024, First Solar Net Income destribution of quarterly values had r-value of  0.49 from its regression line and median of  144,326,000. View All Fundamentals
 
Net Income  
First Reported
2004-03-31
Previous Quarter
268.4 M
Current Value
349.2 M
Quarterly Volatility
158.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Interest Expense of 9.9 M, Gross Profit of 1.4 B or Other Operating Expenses of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 5.27, Dividend Yield of 0.0 or PTB Ratio of 4.35. First financial statements analysis is a perfect complement when working with First Solar Valuation or Volatility modules.
  
This module can also supplement First Solar's financial leverage analysis and stock options assessment as well as various First Solar Technical models . Check out the analysis of First Solar Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

Latest First Solar's Net Income Growth Pattern

Below is the plot of the Net Income of First Solar over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Solar financial statement analysis. It represents the amount of money remaining after all of First Solar operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Solar's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Solar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 830.78 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean211,032,323
Coefficient Of Variation176.64
Mean Deviation318,572,212
Median144,326,000
Standard Deviation372,758,995
Sample Variance138949.3T
Range1.2B
R-Value0.49
Mean Square Error113773.2T
R-Squared0.24
Significance0.06
Slope40,806,107
Total Sum of Squares1945289.8T

First Net Income History

2024872.3 M
2023830.8 M
2022-44.2 M
2021468.7 M
2020398.4 M
2019-114.6 M
2018144.3 M

Other Fundumenentals of First Solar

First Solar Net Income component correlations

About First Solar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Solar income statement, its balance sheet, and the statement of cash flows. First Solar investors use historical funamental indicators, such as First Solar's Net Income, to determine how well the company is positioned to perform in the future. Although First Solar investors may use each financial statement separately, they are all related. The changes in First Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Solar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Solar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income830.8 M872.3 M
Net Loss-39.7 M-37.8 M
Net Income From Continuing Ops474 M497.7 M
Net Income Per Share 7.78  8.17 
Net Income Per E B T 0.93  0.65 

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When determining whether First Solar is a strong investment it is important to analyze First Solar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Solar's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Solar Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.
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Is First Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Solar. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.058
Earnings Share
7.74
Revenue Per Share
31.075
Quarterly Revenue Growth
0.156
Return On Assets
0.0595
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.