First Solar (FSLR) Change in Cash (2009 - 2026)
First Solar (FSLR) posted Change in Cash of -$437.7 million for Q1 2026, down 153.89% on a QoQ basis from $812.1 million in Q4 2025, and up 44.89% year-over-year from -$302.1 million in Q1 2025.
First Solar (FSLR) Change in Cash (2009 - 2026) Analysis & Trends
First Solar's Change in Cash history runs 18 years deep, the most recent figure standing at -$437.7 million for Q1 2026.
- Quarterly Change in Cash rose 44.89% year-over-year to -$437.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 278.41% YoY) and the FY2025 annual result came in at $1.2 billion, up 459.74% from the prior year.
- Change in Cash was -$437.7 million for Q1 2026 at First Solar, 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.
- A 5-year average of $54.1 million and a median of $13.7 million in 2024 frame the typical range for Change in Cash.
- Annual changes were most pronounced in 2023 — Change in Cash plunged 372.16% — and 2025, when it surged 2361.28%.
- First Solar's Change in Cash stood at $332.7 million in 2022, then surged by 36.72% to $454.8 million in 2023, then soared by 35.6% to $616.8 million in 2024, then surged by 31.67% to $812.1 million in 2025, then sank by 153.89% to -$437.7 million in 2026.
- Business Quant data shows FSLR's Change in Cash at -$437.7 million in Q1 2026, $812.1 million in Q4 2025, and $821.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -437.66 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 23.23 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 13.52 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -239.50 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -43.99 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 13.33 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 |