First Solar (FSLR) Change in Cash (2009 - 2026)

First Solar (FSLR) reported Change in Cash of -$437.7 million for Q1 2026, up 44.89% on a YoY basis from -$302.1 million in Q1 2025, and down 153.89% quarter-over-quarter from $812.1 million in Q4 2025.

First Solar (FSLR) Change in Cash (2009 - 2026) Analysis & Trends

First Solar has reported Change in Cash for 18 years, with the latest figure 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.
  • The five-year high for Change in Cash was $821.9 million in Q3 2025, with the low at -$794.2 million in Q1 2025.
  • Historically, Change in Cash has averaged $54.1 million across 5 years, with a median of $13.7 million in 2024.
  • Annual changes were most pronounced in 2023 — Change in Cash sank 372.16% — and 2025, when it surged 2361.28%.
  • First Solar's Change in Cash stood at $332.7 million in 2022, then soared by 36.72% to $454.8 million in 2023, then jumped by 35.6% to $616.8 million in 2024, then soared by 31.67% to $812.1 million in 2025, then tumbled 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 28.68 Bn 26.25 Bn 486.13 Mn -437.66 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 142.35 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 23.23 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 13.52 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -147.72 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -5.44 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -43.99 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 3.90 Mn
10 Skycorp Solar 110.38 Mn 103.60 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