Discontinued — last reported Q4 '23
O&M Services — Net Sales
First Solar O&M Services — Net Sales increased by 1.2% to $487.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $437.00K to $487.00K. Over 2 years (FY 2021 to FY 2023), O&M Services — Net Sales shows a downward trend with a -79.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growth in the service-based business model and a larger installed base under management, while a decrease may signal contract expirations or a strategic shift away from service-heavy models.
Detailed definition
This metric represents the total revenue recognized from providing operations and maintenance services for solar energy...
Peer comparison
Comparable to 'Service Revenue' or 'O&M Revenue' reported by other renewable energy developers and independent power producers.
fslr_segment_o_m_services_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.71M | $5.26M | $5.85M | $3.90M | $4.18M | $3.48M | $437.00K | $452.00K | $441.00K | $481.00K | $487.00K |
| QoQ Change | — | +11.6% | +11.2% | -33.4% | +7.3% | -16.7% | -87.4% | +3.4% | -2.4% | +9.1% | +1.2% |
| YoY Change | — | — | — | — | -11.3% | -33.8% | -92.5% | -88.4% | -89.4% | -86.2% | +11.4% |
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Frequently Asked Questions
- What is First Solar's o&m services — net sales?
- First Solar (FSLR) reported o&m services — net sales of $487.00K in Q4 2023.
- How has First Solar's o&m services — net sales changed year-over-year?
- First Solar's o&m services — net sales increased by 11.4% year-over-year, from $437.00K to $487.00K.
- What is the long-term trend for First Solar's o&m services — net sales?
- Over 2 years (2021 to 2023), First Solar's o&m services — net sales has grown at a -79.2% compound annual growth rate (CAGR), from $43.06M to $1.86M.
- What does o&m services — net sales mean?
- The total revenue earned from providing ongoing maintenance and operational support services for solar power plants.