What is First Solar's modules segment — gross profit (loss)?

First Solar (FSLR) reported modules segment — gross profit (loss) of $567.81M in Q4 2024.

How has First Solar's modules segment — gross profit (loss) changed year-over-year?

First Solar's modules segment — gross profit (loss) increased by 13.3% year-over-year, from $501.25M to $567.81M.

What is the long-term trend for First Solar's modules segment — gross profit (loss)?

Over 3 years (2021 to 2024), First Solar's modules segment — gross profit (loss) has grown at a 57.9% compound annual growth rate (CAGR), from $472.93M to $1.86B.

What does modules segment — gross profit (loss) mean?

Revenue from modules minus the direct costs to make them.

Discontinued — last reported Q4 '24

Business Segments · Gross profit (loss)

Modules segment — Gross profit (loss)

First Solar Modules segment — Gross profit (loss) increased by 26.6% to $567.81M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $501.25M to $567.81M. Over 3 years (FY 2021 to FY 2024), Modules segment — Gross profit (loss) shows an upward trend with a 57.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2015

Last reportedQ4 2024

Rolls up toGross Profit

How to read this metric

Higher gross profit indicates strong pricing power or effective cost control in the manufacturing process.

Detailed definition

The difference between net sales and the cost of sales for the modules segment. It represents the profit generated from...

Peer comparison

A key indicator of competitive advantage in the capital-intensive solar manufacturing market.

Metric ID: fslr_segment_modules_segment_gross_profit_loss

Historical Data

15 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24
Value	$109.35M	$118.26M	$144.88M	$11.19M	$31.17M	$24.04M	$49.00M	$106.89M	$301.92M	$367.36M	$501.25M	$346.17M	$498.33M	$448.38M	$567.81M
QoQ Change	—	+8.2%	+22.5%	-92.3%	+178.6%	-22.9%	+103.8%	+118.1%	+182.4%	+21.7%	+36.4%	-30.9%	+44.0%	-10.0%	+26.6%
YoY Change	—	—	—	—	-71.5%	-79.7%	-66.2%	+855.3%	+868.7%	>999%	+922.9%	+223.8%	+65.1%	+22.1%	+13.3%

Range$11.19M – $567.81M

CAGR+60.1%

Avg YoY Growth+380.2%

Median YoY Growth+65.1%

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Frequently Asked Questions

What is First Solar's modules segment — gross profit (loss)?: First Solar (FSLR) reported modules segment — gross profit (loss) of $567.81M in Q4 2024.
How has First Solar's modules segment — gross profit (loss) changed year-over-year?: First Solar's modules segment — gross profit (loss) increased by 13.3% year-over-year, from $501.25M to $567.81M.
What is the long-term trend for First Solar's modules segment — gross profit (loss)?: Over 3 years (2021 to 2024), First Solar's modules segment — gross profit (loss) has grown at a 57.9% compound annual growth rate (CAGR), from $472.93M to $1.86B.
What does modules segment — gross profit (loss) mean?: Revenue from modules minus the direct costs to make them.