Discontinued — last reported Q4 '24

Business Segments · Net Sales

Modules segment — Net Sales

First Solar Modules segment — Net Sales increased by 70.7% to $1.51B in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 30.8%, from $1.16B to $1.51B. Over 3 years (FY 2021 to FY 2024), Modules segment — Net Sales shows an upward trend with a 21.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ4 2024
Rolls up toTotal Revenue

How to read this metric

Growth in net sales indicates increasing market share or higher demand for solar energy products.

Detailed definition

The total revenue generated from the sale of solar modules after deducting returns, allowances, and discounts. This is t...

Peer comparison

The standard benchmark for revenue performance across the solar manufacturing industry.

Metric ID: fslr_segment_modules_segment_net_sales

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$542.96M$562.81M$690.94M$354.88M$607.45M$619.92M$846.03M$536.59M$802.24M$800.39M$1.16B$793.43M$1.01B$886.66M$1.51B
QoQ Change+3.7%+22.8%-48.6%+71.2%+2.1%+36.5%-36.6%+49.5%-0.2%+44.6%-31.5%+27.1%-12.1%+70.7%
YoY Change+11.9%+10.1%+22.4%+51.2%+32.1%+29.1%+36.8%+47.9%+25.7%+10.8%+30.8%
Range$354.88M$1.51B
CAGR+34.0%
Avg YoY Growth+28.1%
Median YoY Growth+29.1%

Frequently Asked Questions

What is First Solar's modules segment — net sales?
First Solar (FSLR) reported modules segment — net sales of $1.51B in Q4 2024.
How has First Solar's modules segment — net sales changed year-over-year?
First Solar's modules segment — net sales increased by 30.8% year-over-year, from $1.16B to $1.51B.
What is the long-term trend for First Solar's modules segment — net sales?
Over 3 years (2021 to 2024), First Solar's modules segment — net sales has grown at a 21.7% compound annual growth rate (CAGR), from $2.33B to $4.20B.
What does modules segment — net sales mean?
Total revenue earned from selling solar modules.