First Solar (FSLR) Cash & Equivalents (2009 - 2026)
First Solar's Cash & Equivalents came in at $1.58 billion for Q3 2026, down 20.9% from $1.99 billion a year earlier and down 6.7% from the prior quarter.
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Analysis
First Solar (FSLR) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar's Cash & Equivalents was $2.8 billion, up 72.9% from FY2024.
- Cash & Equivalents carries a five-year compound annual growth rate of 18.0% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents was $1.62 billion in FY2024 (-16.7%), $1.95 billion in FY2023 (+31.4%), $1.48 billion in FY2022 (+2.1%) and $1.45 billion in FY2021 (+18.2%).
- The Q3 2026 figure represents the lowest quarterly Cash & Equivalents since Q2 2025.
- Year-over-year, Cash & Equivalents increased in four of the last eight quarters, with growth averaging 35.2%.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q1 2026 (growth of 182.1%), and the weakest in Q1 2025 (a decline of 50.2%).
- Business Quant data shows FSLR's Cash & Equivalents at $1.69 billion (Q2 2026), $2.36 billion (Q1 2026) and $2.8 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.58 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 568.53 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 393.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.20 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 275.50 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 408.70 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn | 380.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.58 Bn |
| Jun 30, 2026 | 1.69 Bn |
| Mar 31, 2026 | 2.36 Bn |
| Dec 31, 2025 | 2.80 Bn |
| Sep 30, 2025 | 1.99 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 837.64 Mn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.70 Bn |
| Mar 31, 2024 | 1.68 Bn |
| Dec 31, 2023 | 1.95 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 829.91 Mn |
| Mar 31, 2023 | 906.63 Mn |
| Dec 31, 2022 | 1.48 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Dec 31, 2021 | 1.45 Bn |
| Sep 30, 2021 | 1.37 Bn |
| Jun 30, 2021 | 1.35 Bn |
API Access
First Solar Cash & Equivalents 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=cash-and-equivalents&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();