First Solar (FSLR) Cash & Equivalents (2009 - 2026)
First Solar (FSLR) reported Cash & Equivalents of $2.4 billion for Q1 2026, up 182.1% on a YoY basis from $837.6 million in Q1 2025, and down 15.71% quarter-over-quarter from $2.8 billion in Q4 2025.
First Solar (FSLR) Cash & Equivalents (2009 - 2026) Analysis & Trends
First Solar has reported Cash & Equivalents for 18 years, with the latest figure 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.
- The five-year high for Cash & Equivalents was $2.8 billion in Q4 2025, with the low at $1.1 million in Q2 2022.
- Historically, Cash & Equivalents has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2022.
- Annual changes were most pronounced in 2022 — Cash & Equivalents plunged 99.76% — and 2023, when it soared 73343.63%.
- First Solar's Cash & Equivalents stood at $1.5 billion in 2022, then soared by 31.44% to $1.9 billion in 2023, then slipped by 16.72% to $1.6 billion in 2024, then surged by 72.91% to $2.8 billion in 2025, then retreated 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.36 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 1.09 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 497.55 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 512.38 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 1.88 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 200.70 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 11.57 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 9.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |