FINHUB Insights

FSLR · Q1 FY26 · Jan 1 – Mar 31, 2026

First Solar Q1 FY26: where the revenue came from and where it went

First Solar Q1 FY26: revenue $1.0B (+24% year over year). Net profit $0.35B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 30, 2026 10-Q
Sankey diagram of First Solar's income statement for Q1 FY26: revenue of $1.04 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 1.04 100% +24%
Cost of revenue−0.5653%
Gross profit0.4947% margin+6pp
R&D−0.076%+0pp
SG&A−0.076%+0pp
Other−0.011%+0pp
Operating profit0.3533% margin+7pp
Tax−0.01
Net profit0.3533%+8pp
Filing on EDGAR More quarters of FSLR

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.