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FIRST SOLAR, INC. (FSLR)

For the quarter ending 2025-06-30, FSLR made $1,097,170K in revenue. $341,868K in net income. Net profit margin of 31.16%.

Overview

Revenue
$1,097,170K
Net Income
$341,868K
Net Profit Margin
31.16%
EPS
$3.18
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Net sales1,097,170 844,568 887,668 1,010,482
Cost of sales597,320 500,165 442,357 511,593
Gross profit499,850 344,403 445,311 498,889
Gain on sales of businesses, net- - - -
Selling, general and administrative52,590 53,164 46,293 46,560
Research and development54,487 52,389 50,197 51,937
Loss contingency, loss in period- - - 430
Production start-up31,166 17,606 26,822 27,451
Total operating expenses138,243 123,159 123,312 126,378
Operating income361,607 221,244 321,999 372,511
Interest income12,100 18,865 22,580 24,599
Interest expense, net9,184 9,525 9,008 9,765
Foreign currency loss, net-9,728 -11,593 -5,158 -9,649
Other expense, net-2,628 -1,932 -3,071 -565
Income before taxes352,167 217,059 327,342 377,131
Income tax expense10,299 7,524 14,386 27,775
Net income341,868 209,535 312,956 349,356
Basic3.19 1.96 2.92 3.26
Basic107,245,000 107,122,000 107,049,000 107,042,000
Diluted3.18 1.95 2.91 3.25
Diluted107,518,000 107,415,000 107,562,000 107,525,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net sales$1,097,170K (8.58%↑ Y/Y)Gross profit$499,850K (0.19%↑ Y/Y)Cost of sales$597,320K (16.76%↑ Y/Y)Interest income$12,100K (-50.81%↓ Y/Y)Operating income$361,607K (-2.93%↓ Y/Y)Total operatingexpenses$138,243K (9.39%↑ Y/Y)Income before taxes$352,167K (-6.62%↓ Y/Y)Foreign currency loss,net-$9,728K (-0.82%↓ Y/Y)Interest expense, net$9,184K (-5.95%↓ Y/Y)Other expense, net-$2,628K (-365.13%↓ Y/Y)Production start-up$31,166K (13.53%↑ Y/Y)Research and development$54,487K (4.91%↑ Y/Y)Selling, general andadministrative$52,590K (12.95%↑ Y/Y)Net income$341,868K (-2.14%↓ Y/Y)Income tax expense$10,299K (-62.92%↓ Y/Y)