First Solar Q3 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
- Jul 1 – Sep 30, 2026
- Reported
- Oct 29, 2026
Revenue$1.23B
−23% year over year
Gross profit$0.71B
58% margin
Operating profit$0.55B
44% margin
Net profit$0.57B
46% margin
Net profit is larger than what operations earned, because the statement adds $0.03B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.23 | 100% | −23% |
| Cost of revenue | −0.52 | 42% | |
| Gross profit | 0.71 | 58% margin | +20pp |
| R&D | −0.07 | 6% | +2pp |
| SG&A | −0.07 | 5% | +2pp |
| Other | −0.03 | 3% | +0pp |
| Operating profit | 0.55 | 44% margin | +15pp |
| Other income, net | 0.03 | ||
| Net profit | 0.57 | 46% margin | +18pp |
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