Growth Metrics

First Solar (FSLR) Cash & Current Investments (2009 - 2026)

First Solar posted quarterly Cash & Current Investments of $2.4 billion for Q1 2026, up 172.41% year-on-year from $890.8 million in Q1 2025, and down 15.02% on a QoQ basis from $2.9 billion in Q4 2025.

First Solar (FSLR) has 18 years of Cash & Current Investments data on file, last reported at $2.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Cash & Current Investments rose 172.41% year-over-year to $2.4 billion; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 172.41% YoY), and the FY2025 full-year result was $2.9 billion, up 59.25% from the prior year.
  • Cash & Current Investments for Q1 2026 stood at $2.4 billion, down from $2.9 billion in the prior quarter.
  • Across five years, Cash & Current Investments topped out at $2.9 billion in Q4 2025 and bottomed at $9.7 million in Q2 2022.
  • The 5-year median for Cash & Current Investments is $1.8 billion (2024), against an average of $1.5 billion.
  • The widest annual swing landed in 2022, when Cash & Current Investments sank 98.25%; it then jumped 19392.57% in 2023.
  • A 5-year view of Cash & Current Investments shows it stood at $2.6 billion in 2022, then decreased by 18.44% to $2.1 billion in 2023, then retreated by 14.72% to $1.8 billion in 2024, then soared by 59.25% to $2.9 billion in 2025, then decreased by 15.02% to $2.4 billion in 2026.
  • The last three Cash & Current Investments figures came in at $2.4 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Current Investments (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 2.43 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.09 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 556.71 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 930.64 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 553.37 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 1.88 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 200.70 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 15.59 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 11.57 Mn

Historic Data

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DateValue
Mar 31, 2026 2.43 Bn
Dec 31, 2025 2.86 Bn
Sep 30, 2025 2.04 Bn
Jun 30, 2025 1.15 Bn
Mar 31, 2025 890.76 Mn
Dec 31, 2024 1.79 Bn
Sep 30, 2024 1.27 Bn
Jun 30, 2024 1.74 Bn
Mar 31, 2024 1.99 Bn
Dec 31, 2023 2.10 Bn
Sep 30, 2023 1.82 Bn
Jun 30, 2023 1.88 Bn
Mar 31, 2023 12.26 Mn
Dec 31, 2022 2.58 Bn
Sep 30, 2022 1.16 Bn
Jun 30, 2022 9.67 Mn
Mar 31, 2022 17.21 Mn
Dec 31, 2021 1.83 Bn
Sep 30, 2021 1.37 Bn
Jun 30, 2021 6.57 Mn
Mar 31, 2021 980.60 Mn
Dec 31, 2020 1.75 Bn
Sep 30, 2020 2.84 Mn
Jun 30, 2020 1.05 Bn
Mar 31, 2020 50.76 Mn
Dec 31, 2019 2.16 Bn
Sep 30, 2019 34.70 Mn
Jun 30, 2019 17.96 Mn
Mar 31, 2019 1.01 Bn
Dec 31, 2018 2.55 Bn
Sep 30, 2018 2.73 Bn
Jun 30, 2018 3.13 Bn
Mar 31, 2018 2.88 Bn
Dec 31, 2017 2.99 Bn
Sep 30, 2017 2.72 Bn
Jun 30, 2017 2.27 Bn
Mar 31, 2017 2.45 Bn
Dec 31, 2016 2.02 Bn
Sep 30, 2016 1.87 Bn
Jun 30, 2016 1.26 Bn
Mar 31, 2016 1.88 Bn
Dec 31, 2015 1.91 Bn
Sep 30, 2015 1.81 Bn
Jun 30, 2015 1.78 Bn
Mar 31, 2015 1.48 Bn
Dec 31, 2014 2.12 Bn
Sep 30, 2014 1.12 Bn
Jun 30, 2014 1.35 Bn
Mar 31, 2014 1.38 Bn
Dec 31, 2013 1.76 Bn
Sep 30, 2013 1.53 Bn
Jun 30, 2013 1.29 Bn
Mar 31, 2013 1.01 Bn
Dec 31, 2012 1.00 Bn
Sep 30, 2012 716.99 Mn
Jun 30, 2012 743.69 Mn
Mar 31, 2012 663.59 Mn
Dec 31, 2011 671.77 Mn
Sep 30, 2011 762.91 Mn
Jun 30, 2011 464.44 Mn
Mar 31, 2011 555.51 Mn
Dec 31, 2010 933.58 Mn
Sep 25, 2010 833.42 Mn
Jun 26, 2010 796.48 Mn
Mar 27, 2010 714.17 Mn
Dec 26, 2009 784.74 Mn
Sep 26, 2009 523.66 Mn
Jun 27, 2009 478.13 Mn
Mar 28, 2009 624.93 Mn