First Solar (FSLR) Cash & Equivalents (2009 - 2026)
First Solar's (FSLR) quarterly Cash & Equivalents came in at $1.7 billion in Q2 2026, up 50.1% YoY from $1.1 billion in Q2 2025, and down 28.55% on a QoQ basis from $2.4 billion in Q1 2026.
First Solar (FSLR) Cash & Equivalents (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Cash & Equivalents data on file, last reported at $1.7 billion in Q2 2026.
- Quarterly Cash & Equivalents rose 50.1% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 50.1% YoY) and the FY2025 annual result came in at $2.8 billion, up 72.91% from the prior year.
- Cash & Equivalents retreated to $1.7 billion in Q2 2026, from $2.4 billion in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $2.8 billion in Q4 2025 to a low of $1.1 million in Q2 2022.
- A 5-year average of $1.4 billion and a median of $1.6 billion in 2023 frame the typical range for Cash & Equivalents.
- Annual changes were most pronounced in 2022 — Cash & Equivalents slumped 99.92% — and 2026, when it surged 182.1%.
- Tracing FSLR's Cash & Equivalents over 5 years: 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 plunged by 39.78% to $1.7 billion in 2026.
- The last three Cash & Equivalents figures came in at $1.7 billion (Q2 2026), $2.4 billion (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.69 Bn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 1.21 Bn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 529.34 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 527.26 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 15.72 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.37 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 3.31 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 307.30 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 72.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| 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 | 1.53 Mn |
| Sep 30, 2021 | 1.37 Bn |
| Jun 30, 2021 | 1.35 Bn |
| Mar 31, 2021 | 2.21 Mn |