First Solar (FSLR) Change in Cash (2009 - 2026)
First Solar posted quarterly Change in Cash of -$437.7 million for Q1 2026, up 44.89% year-on-year from -$302.1 million in Q1 2025, and down 153.89% on a QoQ basis from $812.1 million in Q4 2025.
First Solar (FSLR) has 18 years of Change in Cash data on file, last reported at -$437.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Cash rose 44.89% year-over-year to -$437.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 278.41% YoY), and the FY2025 full-year result was $1.2 billion, up 459.74% from the prior year.
- Change in Cash for Q1 2026 stood at -$437.7 million, down from $812.1 million in the prior quarter.
- Across five years, Change in Cash topped out at $821.9 million in Q3 2025 and bottomed at -$794.2 million in Q1 2025.
- The 5-year median for Change in Cash is $13.7 million (2024), against an average of $54.1 million.
- The widest annual swing landed in 2023, when Change in Cash tumbled 372.16%; it then surged 2361.28% in 2025.
- A 5-year view of Change in Cash shows it stood at $332.7 million in 2022, then jumped by 36.72% to $454.8 million in 2023, then surged by 35.6% to $616.8 million in 2024, then jumped by 31.67% to $812.1 million in 2025, then slumped by 153.89% to -$437.7 million in 2026.
- The last three Change in Cash figures came in at -$437.7 million (Q1 2026), $812.1 million (Q4 2025), and $821.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -437.66 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -239.50 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 23.23 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 13.52 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -43.99 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 | 3.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -437.66 Mn |
| Dec 31, 2025 | 812.07 Mn |
| Sep 30, 2025 | 821.88 Mn |
| Jun 30, 2025 | 336.06 Mn |
| Mar 31, 2025 | -794.20 Mn |
| Dec 31, 2024 | 616.76 Mn |
| Sep 30, 2024 | -695.11 Mn |
| Jun 30, 2024 | 13.65 Mn |
| Mar 31, 2024 | -262.15 Mn |
| Dec 31, 2023 | 454.83 Mn |
| Sep 30, 2023 | 665.65 Mn |
| Jun 30, 2023 | -78.22 Mn |
| Mar 31, 2023 | -570.64 Mn |
| Dec 31, 2022 | 332.66 Mn |
| Sep 30, 2022 | -548.05 Mn |
| Jun 30, 2022 | 373.87 Mn |
| Mar 31, 2022 | -120.86 Mn |
| Dec 31, 2021 | 69.96 Mn |
| Sep 30, 2021 | -247.40 Mn |
| Jun 30, 2021 | 399.42 Mn |
| Mar 31, 2021 | -39.74 Mn |
| Dec 31, 2020 | -43.10 Mn |
| Sep 30, 2020 | 168.88 Mn |
| Jun 30, 2020 | 128.93 Mn |
| Mar 31, 2020 | -427.63 Mn |
| Dec 31, 2019 | 471.00 Mn |
| Sep 30, 2019 | -358.06 Mn |
| Jun 30, 2019 | 126.94 Mn |
| Mar 31, 2019 | -356.00 Mn |
| Dec 31, 2018 | 38.45 Mn |
| Sep 30, 2018 | -574.25 Mn |
| Jun 30, 2018 | 150.84 Mn |
| Mar 31, 2018 | -382.89 Mn |
| Dec 31, 2017 | 251.00 Mn |
| Sep 30, 2017 | 524.90 Mn |
| Jun 30, 2017 | -155.92 Mn |
| Mar 31, 2017 | 294.81 Mn |
| Dec 31, 2016 | -34.99 Mn |
| Sep 30, 2016 | 488.68 Mn |
| Jun 30, 2016 | -172.73 Mn |
| Mar 31, 2016 | -72.38 Mn |
| Dec 31, 2015 | -107.10 Mn |
| Sep 30, 2015 | 114.56 Mn |
| Jun 30, 2015 | 295.24 Mn |
| Mar 31, 2015 | -702.15 Mn |
| Dec 31, 2014 | 983.85 Mn |
| Sep 30, 2014 | -228.82 Mn |
| Jun 30, 2014 | -123.85 Mn |
| Mar 31, 2014 | -349.88 Mn |
| Dec 31, 2013 | 132.42 Mn |
| Sep 30, 2013 | 263.99 Mn |
| Jun 30, 2013 | 85.90 Mn |
| Mar 31, 2013 | -58.54 Mn |
| Dec 31, 2012 | 286.60 Mn |
| Sep 30, 2012 | -15.54 Mn |
| Jun 30, 2012 | 19.76 Mn |
| Mar 31, 2012 | 4.86 Mn |
| Dec 31, 2011 | -72.94 Mn |
| Sep 30, 2011 | 321.08 Mn |
| Jun 30, 2011 | 1.75 Mn |
| Mar 31, 2011 | -409.96 Mn |
| Dec 31, 2010 | 144.47 Mn |
| Sep 25, 2010 | 110.73 Mn |
| Jun 26, 2010 | 89.60 Mn |
| Mar 27, 2010 | -243.61 Mn |
| Dec 26, 2009 | 299.69 Mn |
| Sep 26, 2009 | -64.35 Mn |
| Jun 27, 2009 | -195.77 Mn |
| Mar 28, 2009 | -91.29 Mn |