First Solar (FSLR) Capital Expenditures (2009 - 2026)
First Solar posted quarterly Capital Expenditures of $118.5 million for Q1 2026, down 42.45% year-on-year from $206.0 million in Q1 2025, and down 30.98% on a QoQ basis from $171.7 million in Q4 2025.
First Solar (FSLR) has 18 years of Capital Expenditures data on file, last reported at $118.5 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 42.45% year-over-year to $118.5 million; the trailing twelve-month figure through Mar 2026 stood at $782.4 million (down 40.66% YoY), and the FY2025 full-year result was $869.9 million, down 43.0% from the prior year.
- Capital Expenditures for Q1 2026 stood at $118.5 million, down from $171.7 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $1.3 billion in Q4 2024 and bottomed at -$514.1 million in Q3 2024.
- The 5-year median for Capital Expenditures is $206.0 million (2025), against an average of $282.6 million.
- Peak annual rise in Capital Expenditures reached 6521.28% in 2022, while the deepest fall reached 3018.28% in 2022.
- A 5-year view of Capital Expenditures shows it stood at $740.5 million in 2022, then plunged by 53.15% to $346.9 million in 2023, then jumped by 263.66% to $1.3 billion in 2024, then tumbled by 86.39% to $171.7 million in 2025, then sank by 30.98% to $118.5 million in 2026.
- The last three Capital Expenditures figures came in at $118.5 million (Q1 2026), $171.7 million (Q4 2025), and $204.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 118.53 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 48.11 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -266.38 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 12.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 26.16 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 409,000.00 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 329,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 209,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 118.53 Mn |
| Mar 31, 2026 | 118.53 Mn |
| Dec 31, 2025 | 171.73 Mn |
| Dec 31, 2025 | 171.73 Mn |
| Sep 30, 2025 | 204.05 Mn |
| Sep 30, 2025 | 204.05 Mn |
| Jun 30, 2025 | 288.13 Mn |
| Jun 30, 2025 | 288.13 Mn |
| Mar 31, 2025 | 205.97 Mn |
| Mar 31, 2025 | 205.97 Mn |
| Dec 31, 2024 | 1.26 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | -514.14 Mn |
| Sep 30, 2024 | -514.14 Mn |
| Jun 30, 2024 | 365.16 Mn |
| Jun 30, 2024 | 365.16 Mn |
| Mar 31, 2024 | 413.46 Mn |
| Mar 31, 2024 | 413.46 Mn |
| Dec 31, 2023 | 346.91 Mn |
| Dec 31, 2023 | 346.91 Mn |
| Sep 30, 2023 | 856.38 Mn |
| Sep 30, 2023 | 856.38 Mn |
| Jun 30, 2023 | -187.48 Mn |
| Jun 30, 2023 | -187.48 Mn |
| Mar 31, 2023 | 370.96 Mn |
| Mar 31, 2023 | 370.96 Mn |
| Dec 31, 2022 | 740.46 Mn |
| Dec 31, 2022 | 740.46 Mn |
| Sep 30, 2022 | -190.30 Mn |
| Sep 30, 2022 | -190.30 Mn |
| Jun 30, 2022 | 198.69 Mn |
| Jun 30, 2022 | 198.69 Mn |
| Mar 31, 2022 | 154.76 Mn |
| Mar 31, 2022 | 154.76 Mn |
| Dec 31, 2021 | 11.18 Mn |
| Dec 31, 2021 | 11.18 Mn |
| Sep 30, 2021 | 6.52 Mn |
| Sep 30, 2021 | 6.52 Mn |
| Jun 30, 2021 | -46.26 Mn |
| Jun 30, 2021 | -46.26 Mn |
| Mar 31, 2021 | 90.16 Mn |
| Mar 31, 2021 | 90.16 Mn |
| Dec 31, 2020 | 89.35 Mn |
| Dec 31, 2020 | 89.35 Mn |
| Sep 30, 2020 | 227.99 Mn |
| Sep 30, 2020 | 227.99 Mn |
| Jun 30, 2020 | 22.99 Mn |
| Jun 30, 2020 | 22.99 Mn |
| Mar 31, 2020 | 76.30 Mn |
| Mar 31, 2020 | 76.30 Mn |
| Dec 31, 2019 | -35.64 Mn |
| Dec 31, 2019 | -35.64 Mn |
| Sep 30, 2019 | -36.53 Mn |
| Sep 30, 2019 | -36.53 Mn |
| Jun 30, 2019 | 12.80 Mn |
| Jun 30, 2019 | 12.80 Mn |
| Mar 31, 2019 | 135.52 Mn |
| Mar 31, 2019 | 135.52 Mn |
| Dec 31, 2018 | 594.91 Mn |
| Dec 31, 2018 | 594.91 Mn |
| Sep 30, 2018 | -20.74 Mn |
| Sep 30, 2018 | -20.74 Mn |
| Jun 30, 2018 | 2.86 Mn |
| Jun 30, 2018 | 2.86 Mn |
| Mar 31, 2018 | 162.81 Mn |
| Mar 31, 2018 | 162.81 Mn |
| Dec 31, 2017 | 199.23 Mn |
| Dec 31, 2017 | 199.23 Mn |
| Sep 30, 2017 | 97.63 Mn |
| Sep 30, 2017 | 97.63 Mn |
| Jun 30, 2017 | 104.51 Mn |
| Jun 30, 2017 | 104.51 Mn |
| Mar 31, 2017 | 112.99 Mn |
| Mar 31, 2017 | 112.99 Mn |
| Dec 31, 2016 | -147.18 Mn |
| Dec 31, 2016 | -147.18 Mn |
| Sep 30, 2016 | 155.07 Mn |
| Sep 30, 2016 | 155.07 Mn |
| Jun 30, 2016 | -30.96 Mn |
| Jun 30, 2016 | -30.96 Mn |
| Mar 31, 2016 | 51.75 Mn |
| Mar 31, 2016 | 51.75 Mn |
| Dec 31, 2015 | 27.17 Mn |
| Dec 31, 2015 | 27.17 Mn |
| Sep 30, 2015 | 105.25 Mn |
| Sep 30, 2015 | 105.25 Mn |
| Jun 30, 2015 | -21.32 Mn |
| Jun 30, 2015 | -21.32 Mn |
| Mar 31, 2015 | 55.34 Mn |
| Mar 31, 2015 | 55.34 Mn |
| Dec 31, 2014 | 7.53 Mn |
| Dec 31, 2014 | 7.53 Mn |
| Sep 30, 2014 | 4.93 Mn |
| Sep 30, 2014 | 4.93 Mn |
| Jun 30, 2014 | 5.73 Mn |
| Jun 30, 2014 | 5.73 Mn |
| Mar 31, 2014 | 42.93 Mn |
| Mar 31, 2014 | 42.93 Mn |
| Dec 31, 2013 | 56.22 Mn |
| Dec 31, 2013 | 56.22 Mn |
| Sep 30, 2013 | 69.50 Mn |
| Sep 30, 2013 | 69.50 Mn |
| Jun 30, 2013 | 85.19 Mn |
| Jun 30, 2013 | 85.19 Mn |
| Mar 31, 2013 | 71.67 Mn |
| Mar 31, 2013 | 71.67 Mn |
| Dec 31, 2012 | 40.02 Mn |
| Dec 31, 2012 | 40.02 Mn |
| Sep 30, 2012 | 57.24 Mn |
| Sep 30, 2012 | 57.24 Mn |
| Jun 30, 2012 | 157.48 Mn |
| Jun 30, 2012 | 157.48 Mn |
| Mar 31, 2012 | 124.49 Mn |
| Mar 31, 2012 | 124.49 Mn |
| Dec 31, 2011 | 117.95 Mn |
| Dec 31, 2011 | 117.95 Mn |
| Sep 30, 2011 | 223.90 Mn |
| Sep 30, 2011 | 223.90 Mn |
| Jun 30, 2011 | 220.98 Mn |
| Jun 30, 2011 | 220.98 Mn |
| Mar 31, 2011 | 168.99 Mn |
| Mar 31, 2011 | 168.99 Mn |
| Dec 31, 2010 | 211.77 Mn |
| Dec 31, 2010 | 211.77 Mn |
| Sep 25, 2010 | 137.64 Mn |
| Sep 25, 2010 | 137.64 Mn |
| Jun 26, 2010 | 133.53 Mn |
| Jun 26, 2010 | 133.53 Mn |
| Mar 27, 2010 | 105.98 Mn |
| Mar 27, 2010 | 105.98 Mn |
| Dec 26, 2009 | 69.18 Mn |
| Dec 26, 2009 | 69.18 Mn |
| Sep 26, 2009 | 64.79 Mn |
| Sep 26, 2009 | 64.79 Mn |
| Jun 27, 2009 | 59.56 Mn |
| Jun 27, 2009 | 59.56 Mn |
| Mar 28, 2009 | 86.40 Mn |
| Mar 28, 2009 | 86.40 Mn |