What is First Solar's solar modules — net sales?

First Solar (FSLR) reported solar modules — net sales of $1.16B in Q4 2023.

How has First Solar's solar modules — net sales changed year-over-year?

First Solar's solar modules — net sales increased by 36.8% year-over-year, from $846.03M to $1.16B.

What is the long-term trend for First Solar's solar modules — net sales?

Over 2 years (2021 to 2023), First Solar's solar modules — net sales has grown at a 18.9% compound annual growth rate (CAGR), from $2.33B to $3.30B.

What does solar modules — net sales mean?

The total revenue earned from selling solar modules during the period.

Discontinued — last reported Q4 '23

Products & Services · Net Sales

Solar Modules — Net Sales

First Solar Solar Modules — Net Sales increased by 44.6% to $1.16B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 36.8%, from $846.03M to $1.16B. Over 2 years (FY 2021 to FY 2023), Solar Modules — Net Sales shows an upward trend with a 18.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityStable

First reportedQ1 2016

Last reportedQ4 2023

Rolls up toTotal Revenue

How to read this metric

An increase indicates higher volume or improved pricing power for solar modules, whereas a decrease suggests lower market demand, competitive pricing pressure, or production constraints.

Detailed definition

This metric measures the total revenue generated from the sale of solar modules after deductions for returns, allowances...

Peer comparison

Standard revenue metric used across all manufacturing and technology sectors to measure segment-specific performance.

Metric ID: fslr_segment_solar_modules_net_sales

Historical Data

11 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23
Value	$542.96M	$562.81M	$690.94M	$354.88M	$607.45M	$619.92M	$846.03M	$536.59M	$802.24M	$800.39M	$1.16B
QoQ Change	—	+3.7%	+22.8%	-48.6%	+71.2%	+2.1%	+36.5%	-36.6%	+49.5%	-0.2%	+44.6%
YoY Change	—	—	—	—	+11.9%	+10.1%	+22.4%	+51.2%	+32.1%	+29.1%	+36.8%

Range$354.88M – $1.16B

CAGR+35.4%

Avg YoY Growth+27.7%

Median YoY Growth+29.1%

Similar Metrics at Other Companies

GLW

CorningGLW View metric

NRG EnergyNRG View metric

ResMedRMD View metric

FirstEnergyFE View metric

Frequently Asked Questions

What is First Solar's solar modules — net sales?: First Solar (FSLR) reported solar modules — net sales of $1.16B in Q4 2023.
How has First Solar's solar modules — net sales changed year-over-year?: First Solar's solar modules — net sales increased by 36.8% year-over-year, from $846.03M to $1.16B.
What is the long-term trend for First Solar's solar modules — net sales?: Over 2 years (2021 to 2023), First Solar's solar modules — net sales has grown at a 18.9% compound annual growth rate (CAGR), from $2.33B to $3.30B.
What does solar modules — net sales mean?: The total revenue earned from selling solar modules during the period.