---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-24-000003"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:49:09.727133+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Solar posts Q4 net sales $1.2B, FY 2023 net sales $3.3B; guides FY2024 net sales $4.4-$4.6B, EPS $13-$14

## Summary
- Net sales FY 2023 of $3.3B, up from $2.6B prior year; Q4 net sales $1.2B, up $0.4B QoQ.
- Net income per diluted share of $7.74 for FY 2023 and $3.25 for Q4.
- Year-end net cash balance of $1.6B, up from $1.3B previous quarter.
- 2023 net bookings of 28.3 GW; 2.3 GW since Q3 earnings call at base ASP of 31.8 c/w.
- 2024 guidance: net sales $4.4B-$4.6B, EPS $13.00-$14.00, net cash balance $0.9B-$1.2B.

## SEC filing metadata
- accession: 0001274494-24-000003
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000003/0001274494-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000003/fslr-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-24-000003
- JSON: https://secwatch.observer/filing/0001274494-24-000003.json
- Plain text: https://secwatch.observer/filing/0001274494-24-000003.txt

## Key facts
- Earnings Releases
  FIRST SOLAR, INC. reported the fourth quarter ended December 31, 2023 results: revenue $1.2 billion, net income net income per diluted share of $3.25, EPS $3.25. Guidance raised.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $1.2 billion
  - Net income: net income per diluted share of $3.25
  - EPS: $3.25
  - Guidance: raised
  - Result: reported results
  source text: First Solar, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and 2024 Guidance • Net sales of $3.3 billion for 2023 and $1.2 billion for the fourth quarter • Net income per diluted share of $7.74 for 2023 and $3.25 for the fourth quarter • 2023 year-end net cash balance of $1.6 billion • 2023 net bookings of 28.3 GW; 2.3 GW since third quarter earnings call at a base ASP of 31.8 c/w • 2024 net sales guidance of $4.4 billion to $4.6 billion • 2024 EPS guidance of $13.00 to $14.00 per diluted share • 2024 year-end net cash balance guidance of $0.9 billion to $1.2 billion TEMPE, Ariz., February 27, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the fourth quarter and year ended December 31, 2023. Net sales for the fourth quarter were $1.2 billion, an increase of $0.4 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. Net sales for the full year 2023 were $3.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000003/0001274494-24-000003-index.htm
- Earnings Releases
  FIRST SOLAR, INC. reported the full year ended December 31, 2023 results: revenue $3.3 billion, net income net income per diluted share of $7.74, EPS $7.74. Guidance raised.
  - Period: the full year ended December 31, 2023
  - Revenue: $3.3 billion
  - Net income: net income per diluted share of $7.74
  - EPS: $7.74
  - Guidance: raised
  - Result: reported results
  source text: First Solar, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and 2024 Guidance • Net sales of $3.3 billion for 2023 and $1.2 billion for the fourth quarter • Net income per diluted share of $7.74 for 2023 and $3.25 for the fourth quarter • 2023 year-end net cash balance of $1.6 billion • 2023 net bookings of 28.3 GW; 2.3 GW since third quarter earnings call at a base ASP of 31.8 c/w • 2024 net sales guidance of $4.4 billion to $4.6 billion • 2024 EPS guidance of $13.00 to $14.00 per diluted share • 2024 year-end net cash balance guidance of $0.9 billion to $1.2 billion TEMPE, Ariz., February 27, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the fourth quarter and year ended December 31, 2023. Net sales for the fourth quarter were $1.2 billion, an increase of $0.4 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. Net sales for the full year 2023 were $3.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000003/0001274494-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.