First Solar (FSLR) Cash from Investing Activities (2009 - 2026)
First Solar (FSLR) reported Cash from Investing Activities of -$148.5 million for Q1 2026, down 68.39% on a YoY basis from -$469.9 million in Q1 2025, and up 20.67% quarter-over-quarter from -$187.2 million in Q4 2025.
First Solar (FSLR) Cash from Investing Activities (2009 - 2026) Analysis & Trends
First Solar has reported Cash from Investing Activities for 18 years, with the latest figure at -$148.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cash from Investing Activities fell 68.39% year-over-year to -$148.5 million; the trailing twelve-month figure through Mar 2026 stood at -$825.5 million (up 23.77% YoY), and the FY2025 full-year result was -$765.2 million, up 51.05% from the prior year.
- Cash from Investing Activities for Q1 2026 stood at -$148.5 million, up from -$187.2 million in the prior quarter.
- The five-year high for Cash from Investing Activities was $444.0 million in Q3 2023, with the low at -$760.8 million in Q3 2022.
- Historically, Cash from Investing Activities has averaged -$243.7 million across 5 years, with a median of -$187.2 million in 2025.
- The largest YoY upside for Cash from Investing Activities was 158.36% in 2023 against a maximum downside of 21816.68% in 2023.
- First Solar's Cash from Investing Activities stood at -$570.1 million in 2022, then soared by 69.62% to -$173.2 million in 2023, then slipped by 27.85% to -$221.4 million in 2024, then climbed by 15.43% to -$187.2 million in 2025, then advanced by 20.67% to -$148.5 million in 2026.
- The last three Cash from Investing Activities figures came in at -$148.5 million (Q1 2026), -$187.2 million (Q4 2025), and -$227.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Investing Activities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -148.53 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | -28.56 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 576.38 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -20.44 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -428.55 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -7.65 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -7.51 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 | -209,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -148.53 Mn |
| Mar 31, 2026 | -148.53 Mn |
| Dec 31, 2025 | -187.23 Mn |
| Dec 31, 2025 | -187.23 Mn |
| Sep 30, 2025 | -227.73 Mn |
| Sep 30, 2025 | -227.73 Mn |
| Jun 30, 2025 | -261.99 Mn |
| Jun 30, 2025 | -261.99 Mn |
| Mar 31, 2025 | -88.21 Mn |
| Mar 31, 2025 | -88.21 Mn |
| Dec 31, 2024 | -221.39 Mn |
| Dec 31, 2024 | -221.39 Mn |
| Sep 30, 2024 | -665.95 Mn |
| Sep 30, 2024 | -665.95 Mn |
| Jun 30, 2024 | -107.35 Mn |
| Jun 30, 2024 | -107.35 Mn |
| Mar 31, 2024 | -568.63 Mn |
| Mar 31, 2024 | -568.63 Mn |
| Dec 31, 2023 | -173.16 Mn |
| Dec 31, 2023 | -173.16 Mn |