First Solar Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$1.04B
+24% year over year
Gross profit$0.49B
47% margin
Operating profit$0.35B
33% margin
Net profit$0.35B
33% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.04 | 100% | +24% |
| Cost of revenue | −0.56 | 53% | |
| Gross profit | 0.49 | 47% margin | +6pp |
| R&D | −0.07 | 7% | +0pp |
| SG&A | −0.07 | 6% | +0pp |
| Other | −0.01 | 1% | +0pp |
| Operating profit | 0.35 | 33% margin | +7pp |
| Other income, net | 0.01 | ||
| Tax | −0.01 | ||
| Net profit | 0.35 | 33% margin | +8pp |
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