Growth Metrics

First Solar (FSLR) Cash from Operations (2009 - 2026)

First Solar posted quarterly Cash from Operations of 214866000.0 for Q1 2026, up 64.66% year-on-year from 130491380.88 in Q1 2025, and down 117.3% on a QoQ basis from 1241893000.0 in Q4 2025.

First Solar (FSLR) has 18 years of Cash from Operations data on file, last reported at 214866000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Cash from Operations rose 64.66% year-over-year to 214866000.0; the trailing twelve-month figure through Mar 2026 stood at 2450221000.0 (up 615.82% YoY), and the FY2025 full-year result was 2057105000.0, up 68.89% from the prior year.
  • Cash from Operations for Q1 2026 stood at 214866000.0, down from 1241893000.0 in the prior quarter.
  • Across five years, Cash from Operations topped out at 1273617000.0 in Q3 2025 and bottomed at 607982000.0 in Q1 2025.
  • The 5-year median for Cash from Operations is 149577000.0 (2025), against an average of 266815705.88.
  • Peak annual rise in Cash from Operations reached 2470.23% in 2025, while the deepest fall reached 327.09% in 2025.
  • A 5-year view of Cash from Operations shows it stood at 795215000.0 in 2022, then fell by 29.44% to 561109000.0 in 2023, then surged by 44.53% to 810996000.0 in 2024, then jumped by 53.13% to 1241893000.0 in 2025, then sank by 117.3% to 214866000.0 in 2026.
  • The last three Cash from Operations figures came in at 214866000.0 (Q1 2026), 1241893000.0 (Q4 2025), and 1273617000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -214.87 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 171.43 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -65.03 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 102.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 24.43 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.62 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -41.45 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -29.42 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 -9.25 Mn

Historic Data

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DateValue
Mar 31, 2026 -214.87 Mn
Mar 31, 2026 -214.87 Mn
Dec 31, 2025 1.24 Bn
Dec 31, 2025 1.24 Bn
Sep 30, 2025 1.27 Bn
Sep 30, 2025 1.27 Bn
Jun 30, 2025 149.58 Mn
Jun 30, 2025 149.58 Mn
Mar 31, 2025 -607.98 Mn
Mar 31, 2025 -607.98 Mn
Dec 31, 2024 811.00 Mn
Dec 31, 2024 811.00 Mn
Sep 30, 2024 -53.73 Mn
Sep 30, 2024 -53.73 Mn
Jun 30, 2024 193.01 Mn
Jun 30, 2024 193.01 Mn
Mar 31, 2024 267.72 Mn
Mar 31, 2024 267.72 Mn
Dec 31, 2023 561.11 Mn
Dec 31, 2023 561.11 Mn
Sep 30, 2023 165.43 Mn
Sep 30, 2023 165.43 Mn
Jun 30, 2023 -89.68 Mn
Jun 30, 2023 -89.68 Mn
Mar 31, 2023 -34.60 Mn
Mar 31, 2023 -34.60 Mn
Dec 31, 2022 795.22 Mn
Dec 31, 2022 795.22 Mn
Sep 30, 2022 128.98 Mn
Sep 30, 2022 128.98 Mn
Jun 30, 2022 88.02 Mn
Jun 30, 2022 88.02 Mn
Mar 31, 2022 -138.84 Mn
Mar 31, 2022 -138.84 Mn
Dec 31, 2021 34.47 Mn
Dec 31, 2021 34.47 Mn
Sep 30, 2021 305.32 Mn
Sep 30, 2021 305.32 Mn
Jun 30, 2021 177.25 Mn
Jun 30, 2021 177.25 Mn
Mar 31, 2021 -279.48 Mn
Mar 31, 2021 -279.48 Mn
Dec 31, 2020 186.32 Mn
Dec 31, 2020 186.32 Mn
Sep 30, 2020 207.90 Mn
Sep 30, 2020 207.90 Mn
Jun 30, 2020 147.77 Mn
Jun 30, 2020 147.77 Mn
Mar 31, 2020 -504.86 Mn
Mar 31, 2020 -504.86 Mn
Dec 31, 2019 781.69 Mn
Dec 31, 2019 781.69 Mn
Sep 30, 2019 -317.62 Mn
Sep 30, 2019 -317.62 Mn
Jun 30, 2019 13.57 Mn
Jun 30, 2019 13.57 Mn
Mar 31, 2019 -303.44 Mn
Mar 31, 2019 -303.44 Mn
Dec 31, 2018 -185.50 Mn
Dec 31, 2018 -185.50 Mn
Sep 30, 2018 -225.17 Mn
Sep 30, 2018 -225.17 Mn
Jun 30, 2018 129.14 Mn
Jun 30, 2018 129.14 Mn
Mar 31, 2018 -45.29 Mn
Mar 31, 2018 -45.29 Mn
Dec 31, 2017 433.96 Mn
Dec 31, 2017 433.96 Mn
Sep 30, 2017 581.38 Mn
Sep 30, 2017 581.38 Mn
Jun 30, 2017 -167.80 Mn
Jun 30, 2017 -167.80 Mn
Mar 31, 2017 493.14 Mn
Mar 31, 2017 493.14 Mn
Dec 31, 2016 268.43 Mn
Dec 31, 2016 268.43 Mn
Sep 30, 2016 -84.22 Mn
Sep 30, 2016 -84.22 Mn
Jun 30, 2016 -61.67 Mn
Jun 30, 2016 -61.67 Mn
Mar 31, 2016 84.22 Mn
Mar 31, 2016 84.22 Mn
Dec 31, 2015 88.81 Mn
Dec 31, 2015 88.81 Mn
Sep 30, 2015 21.00 Mn
Sep 30, 2015 21.00 Mn
Jun 30, 2015 -10.40 Mn
Jun 30, 2015 -10.40 Mn
Mar 31, 2015 -424.62 Mn
Mar 31, 2015 -424.62 Mn
Dec 31, 2014 982.52 Mn
Dec 31, 2014 982.52 Mn
Sep 30, 2014 -47.21 Mn
Sep 30, 2014 -47.21 Mn
Jun 30, 2014 118.38 Mn
Jun 30, 2014 118.38 Mn
Mar 31, 2014 -318.18 Mn
Mar 31, 2014 -318.18 Mn
Dec 31, 2013 192.21 Mn
Dec 31, 2013 192.21 Mn
Sep 30, 2013 375.09 Mn
Sep 30, 2013 375.09 Mn
Jun 30, 2013 222.37 Mn
Jun 30, 2013 222.37 Mn
Mar 31, 2013 66.46 Mn
Mar 31, 2013 66.46 Mn
Dec 31, 2012 327.56 Mn
Dec 31, 2012 327.56 Mn
Sep 30, 2012 22.32 Mn
Sep 30, 2012 22.32 Mn
Jun 30, 2012 428.47 Mn
Jun 30, 2012 428.47 Mn
Mar 31, 2012 -16.14 Mn
Mar 31, 2012 -16.14 Mn
Dec 31, 2011 10.73 Mn
Dec 31, 2011 10.73 Mn
Sep 30, 2011 202.64 Mn
Sep 30, 2011 202.64 Mn
Jun 30, 2011 -203.02 Mn
Jun 30, 2011 -203.02 Mn
Mar 31, 2011 -43.81 Mn
Mar 31, 2011 -43.81 Mn
Dec 31, 2010 349.82 Mn
Dec 31, 2010 349.82 Mn
Sep 25, 2010 248.08 Mn
Sep 25, 2010 248.08 Mn
Jun 26, 2010 76.33 Mn
Jun 26, 2010 76.33 Mn
Mar 27, 2010 31.27 Mn
Mar 27, 2010 31.27 Mn
Dec 26, 2009 413.80 Mn
Dec 26, 2009 413.80 Mn
Sep 26, 2009 178.59 Mn
Sep 26, 2009 178.59 Mn
Jun 27, 2009 19.07 Mn
Jun 27, 2009 19.07 Mn
Mar 28, 2009 63.74 Mn
Mar 28, 2009 63.74 Mn