First Solar Q3 FY25: where the revenue came from and where it went
The whole income statement of First Solar for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 30, 2025
Revenue$1.60B
+80% year over year
Gross profit$0.61B
38% margin
Operating profit$0.47B
29% margin
Net profit$0.46B
29% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.60 | 100% | +80% |
| Cost of revenue | −0.98 | 62% | |
| Gross profit | 0.61 | 38% margin | −12pp |
| R&D | −0.06 | 4% | −2pp |
| SG&A | −0.05 | 3% | −2pp |
| Other | −0.04 | 2% | +0pp |
| Operating profit | 0.47 | 29% margin | −7pp |
| Tax | −0.01 | ||
| Net profit | 0.46 | 29% margin | −7pp |
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