Growth Metrics

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 🔒
DateValue
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