FS
FSLR
Quarter ended Mar 31, 2025 · FY2025 Q1

First Solar (FSLR) Revenue — Quarter Ended Mar 31, 2025

Revenue for the quarter decreased from the immediately preceding quarter, but rose compared to the same quarter a year ago. The sequential drop reverses the large gain seen in the prior period.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue for the quarter decreased from the immediately preceding quarter, but rose compared to the same quarter a year ago. The sequential drop reverses the large gain seen in the prior period.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$844.6M

Revenue reported for this quarter.

Quarter-over-quarter

-44.2%

Change from the immediately preceding quarter.

Year-over-year

+6.4%

Change from the comparable year-ago quarter.

Trailing four quarters

$4.3B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$1B+24.6%
Sep 30, 2024$887.7M+10.8%
Dec 31, 2024$1.5B+30.7%
Mar 31, 2025$844.6M+6.4%

Revenue performance

The year-over-year increase reflects continued growth from the prior year period, although the sequential comparison shows a notable decline.

Quarterly comparison

Relative to the preceding quarter, revenue fell significantly, while compared to the same quarter one year earlier, it was higher. The trailing twelve-month revenue remains substantial.

What to watch

Monitor whether the company can stabilize quarterly revenue following the sharp sequential fluctuation.