First Solar FSLR
NASDAQ FSLR
$207.17 +4.07 (+2.00%)
As of: Sep 10, 2026 · 3:59 PM EDT

First Solar (FSLR) Change in Inventory (2020 - 2026)

First Solar's (FSLR) quarterly Change in Inventory came in at $162.1 million in Q2 2026, up 34.0% on a YoY basis from $121.0 million in Q2 2025, and up 12.74% quarter-over-quarter from $143.8 million in Q1 2026.

Analysis

First Solar (FSLR) Change in Inventory (2020 - 2026) Analysis & Trends

First Solar (FSLR) has reported Change in Inventory for 7 consecutive years, with $162.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Change in Inventory rose 34.0% year-over-year to $162.1 million; the trailing twelve-month figure through Jun 2026 stood at -$395.5 million (down 202.71% YoY), and the FY2025 full-year result was -$377.7 million, down 236.46% from the prior year.
  • Change in Inventory improved to $162.1 million in Q2 2026 per FSLR's latest filing, from $143.8 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $218.9 million in Q3 2024 and bottomed at -$378.4 million in Q4 2025.
  • Historically, Change in Inventory has averaged $21.9 million across 5 years, with a median of $93.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Change in Inventory plunged 989.02% in 2022, then surged 3395.33% in 2023.
  • Over 5 years, Change in Inventory stood at -$180.9 million in 2022, then surged by 68.18% to -$57.6 million in 2023, then tumbled by 173.75% to -$157.6 million in 2024, then slumped by 140.15% to -$378.4 million in 2025, then jumped by 142.85% to $162.1 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered $162.1 million, $143.8 million, and -$378.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 162.14 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn -
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn -5.68 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -3.12 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 99.83 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 27.45 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn -
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 162.14 Mn
Mar 31, 2026 143.82 Mn
Dec 31, 2025 -378.40 Mn
Sep 30, 2025 -323.10 Mn
Jun 30, 2025 121.00 Mn
Mar 31, 2025 202.78 Mn
Dec 31, 2024 -157.57 Mn
Sep 30, 2024 218.88 Mn
Jun 30, 2024 66.02 Mn
Mar 31, 2024 149.47 Mn
Dec 31, 2023 -57.56 Mn
Sep 30, 2023 131.04 Mn
Jun 30, 2023 8.63 Mn
Mar 31, 2023 123.00 Mn
Dec 31, 2022 -180.90 Mn
Sep 30, 2022 3.75 Mn
Jun 30, 2022 -15.53 Mn
Mar 31, 2022 175.99 Mn
Dec 31, 2021 20.35 Mn
Sep 30, 2021 54.08 Mn