First Solar (FSLR) Accumulated Expenses (2009 - 2026)
First Solar (FSLR) recorded Accumulated Expenses of $430.08 million in Q3 2026, down 26.8% from $587.68 million a year earlier but up 4.9% from the prior quarter.
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Analysis
First Solar (FSLR) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar reported Accumulated Expenses of $519.41 million, up 2.1% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $508.58 million in FY2024 (-3.1%), $524.83 million in FY2023 (+37.1%), $382.78 million in FY2022 (+32.7%) and $288.45 million in FY2021 (-7.1%).
- Quarterly Accumulated Expenses has ranged from $288.45 million in Q4 2021 to $600.42 million in Q3 2023 over the past five years.
- On a year-over-year basis, Accumulated Expenses has declined for three consecutive quarters, with an average decline of 6.5% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 80.2% in Q3 2023, against a decline of 30.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $410.16 million (Q2 2026), $436.51 million (Q1 2026) and $519.41 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 430.08 Mn |
| Jun 30, 2026 | 410.16 Mn |
| Mar 31, 2026 | 436.51 Mn |
| Dec 31, 2025 | 519.41 Mn |
| Sep 30, 2025 | 587.68 Mn |
| Jun 30, 2025 | 593.24 Mn |
| Mar 31, 2025 | 555.15 Mn |
| Dec 31, 2024 | 508.58 Mn |
| Sep 30, 2024 | 520.84 Mn |
| Jun 30, 2024 | 540.13 Mn |
| Mar 31, 2024 | 528.06 Mn |
| Dec 31, 2023 | 524.83 Mn |
| Sep 30, 2023 | 600.42 Mn |
| Jun 30, 2023 | 303.32 Mn |
| Mar 31, 2023 | 391.91 Mn |
| Dec 31, 2022 | 382.78 Mn |
| Sep 30, 2022 | 333.14 Mn |
| Jun 30, 2022 | 344.21 Mn |
| Mar 31, 2022 | 334.98 Mn |
| Dec 31, 2021 | 288.45 Mn |
API Access
First Solar Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();