First Solar (FSLR) Revenue — Quarter Ended Dec 31, 2024
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was particularly strong, reflecting an acceleration in the business.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was particularly strong, reflecting an acceleration in the business.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+70.6%
Change from the immediately preceding quarter.
Year-over-year
+30.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $794.1M | +44.8% |
| Jun 30, 2024 | $1B | +24.6% |
| Sep 30, 2024 | $887.7M | +10.8% |
| Dec 31, 2024 | $1.5B | +30.7% |
Revenue performance
The quarter's revenue continued a trend of sequential increases seen throughout the year, with the latest period showing a notable gain compared to the preceding quarter.
Quarterly comparison
When compared to the prior quarter, revenue rose substantially. Against the same period a year ago, the improvement was also significant.
What to watch
The company's filing notes uncertainty about the continued availability of tax incentives under the IRA, which could affect future revenue.