• First Solar average net profit margin for 2023 was 11.7%, a 154.9% increase from 2022.
• First Solar average net profit margin for 2022 was 4.59%, a 73.62% increase from 2021.
• First Solar average net profit margin for 2021 was 17.4%, a 170.19% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.