Short answer
First Solar (FSLR) filed its Q1 2025 10-Q quarterly report on Apr 29, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $845M (up 6.4% year over year) with net income of $210M.
Q1 2025 key financials · XBRL
- Revenue
- $845M
- +6.4% YoY
- Net income
- $210M
- −11.4% YoY
- Operating margin
- 26.2%
- Gross margin
- 40.8%
- EPS (diluted)
- $1.95
- −11.4% YoY
Source: XBRL data from the First Solar (FSLR) Q1 2025 10-Q on SEC EDGAR. USD.
First Solar Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New risk: U.S. reciprocal tariffs effective April 5, 2025 on imports from Vietnam, India, Malaysia could increase costs and impair international facility operations
- Material update: April 21, 2025 final antidumping duties range 0%-3400% on solar imports from Cambodia, Malaysia, Thailand, Vietnam, substantially raising import costs
- Legal risk: February 2025 patent infringement lawsuit filed against JinkoSolar over U.S. TOPCon patents, with potential costly litigation and uncertain outcomes
- Market risk: India's ALMM tightened in December 2024, requiring domestic solar cells for projects after June 2026, affecting module sourcing and sales
- Financial risk: Tariffs and import taxes in India aggregate to 40% on modules and 27.5% on cells as of February 2025, impacting pricing and demand
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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