Growth Metrics

First Solar (FSLR) Cash & Equivalents (2009 - 2026)

First Solar posted quarterly Cash & Equivalents of $2.4 billion for Q1 2026, up 182.1% year-on-year from $837.6 million in Q1 2025, and down 15.71% on a QoQ basis from $2.8 billion in Q4 2025.

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

  • For the quarter ending Q1 2026, Cash & Equivalents rose 182.1% year-over-year to $2.4 billion; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 182.1% YoY), and the FY2025 full-year result was $2.8 billion, up 72.91% from the prior year.
  • Cash & Equivalents for Q1 2026 stood at $2.4 billion, down from $2.8 billion in the prior quarter.
  • Across five years, Cash & Equivalents topped out at $2.8 billion in Q4 2025 and bottomed at $1.1 million in Q2 2022.
  • The 5-year median for Cash & Equivalents is $1.5 billion (2022), against an average of $1.4 billion.
  • The widest annual swing landed in 2022, when Cash & Equivalents slumped 99.76%; it then soared 73343.63% in 2023.
  • A 5-year view of Cash & Equivalents shows it stood at $1.5 billion in 2022, then jumped by 31.44% to $1.9 billion in 2023, then dropped by 16.72% to $1.6 billion in 2024, then soared by 72.91% to $2.8 billion in 2025, then decreased by 15.71% to $2.4 billion in 2026.
  • The last three Cash & Equivalents figures came in at $2.4 billion (Q1 2026), $2.8 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 2.36 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 541.71 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 497.55 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 512.38 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 -
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 2.36 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
Dec 31, 2022 1.48 Bn
Sep 30, 2022 1.15 Bn
Jun 30, 2022 1.13 Mn
Mar 31, 2022 2.35 Mn
Dec 31, 2021 1.45 Bn
Sep 30, 2021 1.37 Bn
Jun 30, 2021 864,000.00
Mar 31, 2021 972.88 Mn
Dec 31, 2020 1.23 Bn
Sep 30, 2020 1.52 Mn
Jun 30, 2020 1.05 Bn
Mar 31, 2020 47.92 Mn
Dec 31, 2019 1.35 Bn
Sep 30, 2019 32.40 Mn
Jun 30, 2019 16.24 Mn
Mar 31, 2019 1.01 Bn
Dec 31, 2018 1.40 Bn
Sep 30, 2018 1.43 Bn
Jun 30, 2018 2.02 Bn
Mar 31, 2018 1.86 Bn
Dec 31, 2017 2.27 Bn
Sep 30, 2017 2.02 Bn
Jun 30, 2017 1.55 Bn
Mar 31, 2017 1.66 Bn
Dec 31, 2016 1.42 Bn
Sep 30, 2016 1.45 Bn
Jun 30, 2016 962.00 Mn
Mar 31, 2016 1.09 Bn
Dec 31, 2015 1.21 Bn
Sep 30, 2015 1.19 Bn
Jun 30, 2015 1.08 Bn
Mar 31, 2015 779.91 Mn
Dec 31, 2014 1.61 Bn
Sep 30, 2014 622.52 Mn
Jun 30, 2014 851.35 Mn
Mar 31, 2014 975.19 Mn
Dec 31, 2013 1.33 Bn
Sep 30, 2013 1.19 Bn
Jun 30, 2013 928.66 Mn
Mar 31, 2013 842.75 Mn
Dec 31, 2012 901.29 Mn
Sep 30, 2012 614.70 Mn
Jun 30, 2012 630.24 Mn
Mar 31, 2012 610.48 Mn
Dec 31, 2011 605.62 Mn
Sep 30, 2011 678.56 Mn
Jun 30, 2011 357.48 Mn
Mar 31, 2011 355.73 Mn
Dec 31, 2010 765.69 Mn
Sep 25, 2010 621.22 Mn
Jun 26, 2010 510.48 Mn
Mar 27, 2010 420.89 Mn
Dec 26, 2009 664.50 Mn
Sep 26, 2009 364.81 Mn
Jun 27, 2009 429.16 Mn
Mar 28, 2009 624.93 Mn