What is First Solar's systems segment — gross profit?

First Solar (FSLR) reported systems segment — gross profit of $6.32M in Q3 2021.

What does systems segment — gross profit mean?

The profit remaining from project sales after subtracting the direct costs of building those solar systems.

Discontinued — last reported Q3 '21

Systems Segment — Gross Profit

First Solar Systems Segment — Gross Profit decreased by 90.2% to $6.32M in Q3 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityVolatile

First reportedQ1 2013

Last reportedQ3 2021

Rolls up toGross Profit

How to read this metric

An increase suggests improved project margins, better cost control, or favorable pricing power within the systems business.

Detailed definition

This metric measures the profitability of the systems segment after deducting the direct costs associated with project d...

Peer comparison

Comparable to gross profit from project-based segments in infrastructure, construction, or renewable energy firms.

Metric ID: fslr_segment_systems_segment_gross_profit

Historical Data

2 periods

	Q2 '21	Q3 '21
Value	$64.77M	$6.32M
QoQ Change	—	-90.2%

Range$6.32M – $64.77M

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Frequently Asked Questions

What is First Solar's systems segment — gross profit?: First Solar (FSLR) reported systems segment — gross profit of $6.32M in Q3 2021.
What does systems segment — gross profit mean?: The profit remaining from project sales after subtracting the direct costs of building those solar systems.