First Historical Income Statement

FSLR Stock  USD 167.45  14.29  9.33%   
Historical analysis of First Solar income statement accounts such as Other Operating Expenses of 2 B or Operating Income of 900.1 M can show how well First Solar performed in making a profits. Evaluating First Solar income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Solar's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Solar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Solar is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

About First Income Statement Analysis

First Solar Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Solar shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Solar Income Statement Chart

First Solar Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Solar revenue and expense. First Solar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Solar's Extraordinary Items is relatively stable compared to the past year. As of 03/28/2024, Net Income From Continuing Ops is likely to grow to about 497.7 M, while Other Operating Expenses is likely to drop slightly above 2 B.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Solar. It is also known as First Solar overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on First Solar income statement and represents the costs associated with goods and services First Solar provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from First Solar's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Solar current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.At this time, First Solar's Extraordinary Items is relatively stable compared to the past year. As of 03/28/2024, Net Income From Continuing Ops is likely to grow to about 497.7 M, while Other Operating Expenses is likely to drop slightly above 2 B.
 2021 2022 2023 2024 (projected)
Total Operating Expenses290.5M350.6M414.7M316.1M
Cost Of Revenue2.2B2.5B2.0B1.7B

First Solar income statement Correlations

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-0.140.360.680.860.630.90.30.570.62-0.270.64-0.070.540.570.57-0.230.190.11-0.19-0.070.380.490.15
0.350.360.04-0.010.820.140.990.770.04-0.130.010.10.780.960.57-0.43-0.410.150.080.1-0.06-0.110.05
-0.190.680.040.820.190.80.030.050.940.340.90.030.170.21-0.030.160.7-0.61-0.530.010.520.650.32
-0.150.86-0.010.820.280.98-0.040.160.76-0.10.750.060.240.210.130.110.37-0.12-0.230.020.690.790.35
-0.010.630.820.190.280.410.770.890.17-0.330.2-0.080.890.90.73-0.5-0.240.3-0.02-0.080.00.080.04
-0.140.90.140.80.980.410.10.280.76-0.10.760.00.40.340.230.080.32-0.09-0.25-0.040.650.770.41
0.390.30.990.03-0.040.770.10.690.04-0.070.00.130.750.940.49-0.4-0.390.090.080.12-0.07-0.130.07
0.050.570.770.050.160.890.280.690.01-0.40.04-0.120.730.80.91-0.5-0.390.40.05-0.080.00.02-0.07
-0.190.620.040.940.760.170.760.040.010.530.960.040.240.2-0.090.270.75-0.65-0.60.020.450.570.48
0.04-0.27-0.130.34-0.1-0.33-0.1-0.07-0.40.530.470.02-0.09-0.18-0.540.570.64-0.88-0.570.010.020.00.51
-0.230.640.010.90.750.20.760.00.040.960.47-0.230.310.18-0.050.320.8-0.58-0.54-0.250.430.550.49
0.21-0.070.10.030.06-0.080.00.13-0.120.040.02-0.23-0.240.07-0.15-0.26-0.29-0.010.090.980.10.04-0.12
0.020.540.780.170.240.890.40.750.730.24-0.090.31-0.240.840.53-0.18-0.10.16-0.17-0.260.00.060.39
0.260.570.960.210.210.90.340.940.80.2-0.180.180.070.840.62-0.46-0.270.150.010.06-0.02-0.020.06
-0.140.570.57-0.030.130.730.230.490.91-0.09-0.54-0.05-0.150.530.62-0.63-0.360.530.05-0.07-0.18-0.12-0.29
0.2-0.23-0.430.160.11-0.50.08-0.4-0.50.270.570.32-0.26-0.18-0.46-0.630.36-0.53-0.2-0.330.520.430.77
-0.460.19-0.410.70.37-0.240.32-0.39-0.390.750.640.8-0.29-0.1-0.27-0.360.36-0.73-0.67-0.290.050.20.26
0.00.110.15-0.61-0.120.3-0.090.090.4-0.65-0.88-0.58-0.010.160.150.53-0.53-0.730.620.0-0.23-0.24-0.42
0.47-0.190.08-0.53-0.23-0.02-0.250.080.05-0.6-0.57-0.540.09-0.170.010.05-0.2-0.670.620.090.07-0.1-0.38
0.14-0.070.10.010.02-0.08-0.040.12-0.080.020.01-0.250.98-0.260.06-0.07-0.33-0.290.00.090.03-0.02-0.2
0.290.38-0.060.520.690.00.65-0.070.00.450.020.430.10.0-0.02-0.180.520.05-0.230.070.030.950.53
0.020.49-0.110.650.790.080.77-0.130.020.570.00.550.040.06-0.02-0.120.430.2-0.24-0.1-0.020.950.49
0.160.150.050.320.350.040.410.07-0.070.480.510.49-0.120.390.06-0.290.770.26-0.42-0.38-0.20.530.49
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First Solar Account Relationship Matchups

First Solar income statement Accounts

201920202021202220232024 (projected)
Interest Expense27.1M24.0M13.1M12.2M13.0M9.9M
Gross Profit549.2M680.7M730.0M69.9M1.3B1.4B
Other Operating Expenses2.9B2.4B2.5B2.9B2.4B2.0B
Operating Income62.2M95.2M186.1M(216.3M)857.3M900.1M
Ebit62.2M95.2M186.1M(216.3M)954.5M1.0B
Research Development96.6M93.7M99.1M112.8M152.3M88.8M
Ebitda267.6M328.1M446.0M53.5M1.3B1.3B
Cost Of Revenue2.5B2.0B2.2B2.5B2.0B1.7B
Total Operating Expenses348.0M357.2M290.5M350.6M414.7M316.1M
Income Before Tax(120.1M)293.2M572.2M8.6M891.3M935.9M
Total Other Income Expense Net(182.3M)198.0M386.1M224.9M(79.4M)(83.4M)
Net Income(114.6M)398.4M468.7M(44.2M)830.8M872.3M
Income Tax Expense(5.5M)(107.3M)103.5M52.8M60.5M45.5M
Depreciation And Amortization205.5M232.9M259.9M269.7M308.0M176.8M
Total Revenue3.1B2.7B2.9B2.6B3.3B2.3B
Selling General Administrative205.5M222.9M170.3M164.7M183.3M233.8M
Net Income Applicable To Common Shares(114.9M)398.4M468.7M(44.2M)(39.7M)(37.8M)
Net Income From Continuing Ops(114.6M)400.5M468.7M(44.2M)474.0M497.7M
Non Recurring90.7M45.9M40.5M21.1M18.9M18.0M
Non Operating Income Net Other133.6M68.4M(2.4M)(1.5M)(1.7M)(1.6M)
Tax Provision(5.5M)(107.3M)103.5M52.8M34.0M48.3M
Interest Income48.9M16.6M6.2M33.3M92.4M97.1M
Net Interest Income21.8M(7.5M)(6.9M)21.1M83.4M87.6M
Reconciled Depreciation205.5M232.9M259.9M269.7M288.8M236.2M

First Solar Investors Sentiment

The influence of First Solar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to First Solar's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Solar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Solar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Solar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Solar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Solar.

First Solar Implied Volatility

    
  69.06  
First Solar's implied volatility exposes the market's sentiment of First Solar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Solar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Solar stock will not fluctuate a lot when First Solar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Solar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Solar's short interest history, or implied volatility extrapolated from First Solar options trading.

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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
7.73
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.