What is First Solar's modules segment — cost of sales?

First Solar (FSLR) reported modules segment — cost of sales of $585.51M in Q4 2024.

How has First Solar's modules segment — cost of sales changed year-over-year?

First Solar's modules segment — cost of sales increased by 16.0% year-over-year, from $504.85M to $585.51M.

What is the long-term trend for First Solar's modules segment — cost of sales?

Over 2 years (2022 to 2024), First Solar's modules segment — cost of sales has grown at a 0.6% compound annual growth rate (CAGR), from $2.31B to $2.34B.

What does modules segment — cost of sales mean?

The total direct cost to manufacture the solar modules sold.

Discontinued — last reported Q4 '24

Business Segments · Cost of Sales

Modules segment — Cost of Sales

First Solar Modules segment — Cost of Sales remained flat by 0.0% to $585.51M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $504.85M to $585.51M. Over 2 years (FY 2022 to FY 2024), Modules segment — Cost of Sales shows relatively stable performance with a 0.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ4 2024

Rolls up toTotal Cost of Revenue

How to read this metric

Lower costs relative to sales indicate improved manufacturing efficiency or economies of scale.

Detailed definition

The direct costs attributable to the production of solar modules, including raw materials, direct labor, and manufacturi...

Peer comparison

Used to compare production cost competitiveness against other solar module manufacturers.

Metric ID: fslr_segment_modules_segment_cost_of_sales

Historical Data

3 years

	FY'22	FY'23	FY'24
Value	$2.31B	$2.02B	$2.34B
YoY Change	—	-12.7%	+16.0%

Range$2.02B – $2.34B

CAGR+0.6%

Avg YoY Growth+1.6%

Median YoY Growth+1.6%

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Frequently Asked Questions

What is First Solar's modules segment — cost of sales?: First Solar (FSLR) reported modules segment — cost of sales of $585.51M in Q4 2024.
How has First Solar's modules segment — cost of sales changed year-over-year?: First Solar's modules segment — cost of sales increased by 16.0% year-over-year, from $504.85M to $585.51M.
What is the long-term trend for First Solar's modules segment — cost of sales?: Over 2 years (2022 to 2024), First Solar's modules segment — cost of sales has grown at a 0.6% compound annual growth rate (CAGR), from $2.31B to $2.34B.
What does modules segment — cost of sales mean?: The total direct cost to manufacture the solar modules sold.