Discontinued — last reported Q4 '23

Products & Services · Net Sales

Solar Power Systems — Net Sales

First Solar Solar Power Systems — Net Sales increased by 119.8% to $477.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 99.7%, from $150.86M to $477.00K. Over 2 years (FY 2021 to FY 2023), Solar Power Systems — Net Sales shows a downward trend with a -80.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toTotal Revenue

How to read this metric

An increase indicates growing market adoption or successful project execution, while a decrease may signal project delays, reduced demand, or a strategic shift away from system integration services.

Detailed definition

This metric represents the total revenue generated from the sale of solar power systems and related project development...

Peer comparison

Comparable to 'Systems Revenue' or 'Project Development Revenue' reported by other utility-scale solar developers and EPC contractors.

Metric ID: fslr_segment_solar_power_systems_net_sales

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$73.98M$10.13M$202.29M$1.97M$374.00K$90.00K$150.86M$11.26M$8.00M$217.00K$477.00K
QoQ Change-86.3%>999%-99.0%-81.0%-75.9%>999%-92.5%-29.0%-97.3%+119.8%
YoY Change-99.5%-99.1%-25.4%+471.9%>999%+141.1%-99.7%
Range$90.00K$202.29M
CAGR-86.7%
Avg YoY Growth+332.5%
Median YoY Growth-25.4%

Frequently Asked Questions

What is First Solar's solar power systems — net sales?
First Solar (FSLR) reported solar power systems — net sales of $477.00K in Q4 2023.
How has First Solar's solar power systems — net sales changed year-over-year?
First Solar's solar power systems — net sales decreased by 99.7% year-over-year, from $150.86M to $477.00K.
What is the long-term trend for First Solar's solar power systems — net sales?
Over 2 years (2021 to 2023), First Solar's solar power systems — net sales has grown at a -80.3% compound annual growth rate (CAGR), from $513.36M to $19.95M.
What does solar power systems — net sales mean?
The total revenue earned from selling solar power systems and related services.