First Solar (FSLR) Change in Receivables (2009 - 2026)
First Solar posted quarterly Change in Receivables of $85.8 million for Q1 2026, down 72.05% year-on-year from $306.8 million in Q1 2025, and up 137.68% on a QoQ basis from -$227.6 million in Q4 2025.
First Solar (FSLR) has 18 years of Change in Receivables data on file, last reported at $85.8 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Receivables fell 72.05% year-over-year to $85.8 million; the trailing twelve-month figure through Mar 2026 stood at -$251.7 million (down 130.34% YoY), and the FY2025 full-year result was -$30.6 million, down 106.06% from the prior year.
- Change in Receivables for Q1 2026 stood at $85.8 million, up from -$227.6 million in the prior quarter.
- Across five years, Change in Receivables topped out at $436.5 million in Q4 2024 and bottomed at -$227.6 million in Q4 2025.
- The 5-year median for Change in Receivables is -$1.5 million (2022), against an average of $43.9 million.
- The widest annual swing landed in 2023, when Change in Receivables soared 14220.43%; it then sank 323.67% in 2025.
- A 5-year view of Change in Receivables shows it stood at $58.3 million in 2022, then sank by 238.71% to -$80.9 million in 2023, then soared by 639.82% to $436.5 million in 2024, then sank by 152.14% to -$227.6 million in 2025, then jumped by 137.68% to $85.8 million in 2026.
- The last three Change in Receivables figures came in at $85.8 million (Q1 2026), -$227.6 million (Q4 2025), and -$220.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -41.56 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -43.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 412,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 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 | 1.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.76 Mn |
| Mar 31, 2026 | 85.76 Mn |
| Dec 31, 2025 | -227.59 Mn |
| Dec 31, 2025 | -227.59 Mn |
| Sep 30, 2025 | -220.17 Mn |
| Sep 30, 2025 | -220.17 Mn |
| Jun 30, 2025 | 110.31 Mn |
| Jun 30, 2025 | 110.31 Mn |
| Mar 31, 2025 | 306.82 Mn |
| Mar 31, 2025 | 306.82 Mn |
| Dec 31, 2024 | 436.51 Mn |
| Dec 31, 2024 | 436.51 Mn |
| Sep 30, 2024 | 98.44 Mn |
| Sep 30, 2024 | 98.44 Mn |
| Jun 30, 2024 | -12.11 Mn |
| Jun 30, 2024 | -12.11 Mn |
| Mar 31, 2024 | -17.50 Mn |
| Mar 31, 2024 | -17.50 Mn |
| Dec 31, 2023 | -80.86 Mn |
| Dec 31, 2023 | -80.86 Mn |
| Sep 30, 2023 | 207.46 Mn |
| Sep 30, 2023 | 207.46 Mn |
| Jun 30, 2023 | 211.52 Mn |
| Jun 30, 2023 | 211.52 Mn |
| Mar 31, 2023 | -33.93 Mn |
| Mar 31, 2023 | -33.93 Mn |
| Dec 31, 2022 | 58.30 Mn |
| Dec 31, 2022 | 58.30 Mn |
| Sep 30, 2022 | -31.24 Mn |
| Sep 30, 2022 | -31.24 Mn |
| Jun 30, 2022 | -1.50 Mn |
| Jun 30, 2022 | -1.50 Mn |
| Mar 31, 2022 | -144.29 Mn |
| Mar 31, 2022 | -144.29 Mn |
| Dec 31, 2021 | 176.52 Mn |
| Dec 31, 2021 | 176.52 Mn |
| Sep 30, 2021 | -335.40 Mn |
| Sep 30, 2021 | -335.40 Mn |
| Jun 30, 2021 | -64.63 Mn |
| Jun 30, 2021 | -64.63 Mn |
| Mar 31, 2021 | 320.46 Mn |
| Mar 31, 2021 | 320.46 Mn |
| Dec 31, 2020 | -15.06 Mn |
| Dec 31, 2020 | -15.06 Mn |
| Sep 30, 2020 | -27.06 Mn |
| Sep 30, 2020 | -27.06 Mn |
| Jun 30, 2020 | -60.35 Mn |
| Jun 30, 2020 | -60.35 Mn |
| Mar 31, 2020 | -242.68 Mn |
| Mar 31, 2020 | -242.68 Mn |
| Dec 31, 2019 | 125.40 Mn |
| Dec 31, 2019 | 125.40 Mn |
| Sep 30, 2019 | 136.50 Mn |
| Sep 30, 2019 | 136.50 Mn |
| Jun 30, 2019 | -271.20 Mn |
| Jun 30, 2019 | -271.20 Mn |
| Mar 31, 2019 | 82.90 Mn |
| Mar 31, 2019 | 82.90 Mn |
| Dec 31, 2018 | 23.58 Mn |
| Dec 31, 2018 | 23.58 Mn |
| Sep 30, 2018 | 260.38 Mn |
| Sep 30, 2018 | 260.38 Mn |
| Jun 30, 2018 | -119.29 Mn |
| Jun 30, 2018 | -119.29 Mn |
| Mar 31, 2018 | 37.63 Mn |
| Mar 31, 2018 | 37.63 Mn |
| Dec 31, 2017 | -414.32 Mn |
| Dec 31, 2017 | -414.32 Mn |
| Sep 30, 2017 | 193.32 Mn |
| Sep 30, 2017 | 193.32 Mn |
| Jun 30, 2017 | 387.48 Mn |
| Jun 30, 2017 | 387.48 Mn |
| Mar 31, 2017 | -252.24 Mn |
| Mar 31, 2017 | -252.24 Mn |
| Dec 31, 2016 | -176.25 Mn |
| Dec 31, 2016 | -176.25 Mn |
| Sep 30, 2016 | 47.68 Mn |
| Sep 30, 2016 | 47.68 Mn |
| Jun 30, 2016 | 45.98 Mn |
| Jun 30, 2016 | 45.98 Mn |
| Mar 31, 2016 | -96.31 Mn |
| Mar 31, 2016 | -96.31 Mn |
| Dec 31, 2015 | 76.33 Mn |
| Dec 31, 2015 | 76.33 Mn |
| Sep 30, 2015 | 216.27 Mn |
| Sep 30, 2015 | 216.27 Mn |
| Jun 30, 2015 | 9.99 Mn |
| Jun 30, 2015 | 9.99 Mn |
| Mar 31, 2015 | 125.07 Mn |
| Mar 31, 2015 | 125.07 Mn |
| Dec 31, 2014 | -613.58 Mn |
| Dec 31, 2014 | -613.58 Mn |
| Sep 30, 2014 | 5.47 Mn |
| Sep 30, 2014 | 5.47 Mn |
| Jun 30, 2014 | 37.30 Mn |
| Jun 30, 2014 | 37.30 Mn |
| Mar 31, 2014 | 108.18 Mn |
| Mar 31, 2014 | 108.18 Mn |
| Dec 31, 2013 | -3.73 Bn |
| Dec 31, 2013 | -3.73 Bn |
| Sep 30, 2013 | 1.11 Bn |
| Sep 30, 2013 | 1.11 Bn |
| Jun 30, 2013 | 924.74 Mn |
| Jun 30, 2013 | 924.74 Mn |
| Mar 31, 2013 | 1.13 Bn |
| Mar 31, 2013 | 1.13 Bn |
| Dec 31, 2012 | 930.71 Mn |
| Dec 31, 2012 | 930.71 Mn |
| Sep 30, 2012 | 661.43 Mn |
| Sep 30, 2012 | 661.43 Mn |
| Jun 30, 2012 | 990.18 Mn |
| Jun 30, 2012 | 990.18 Mn |
| Mar 31, 2012 | 648.95 Mn |
| Mar 31, 2012 | 648.95 Mn |
| Dec 31, 2011 | 720.76 Mn |
| Dec 31, 2011 | 720.76 Mn |
| Sep 30, 2011 | 772.02 Mn |
| Sep 30, 2011 | 772.02 Mn |
| Jun 30, 2011 | 326.56 Mn |
| Jun 30, 2011 | 326.56 Mn |
| Mar 31, 2011 | 471.60 Mn |
| Mar 31, 2011 | 471.60 Mn |
| Dec 31, 2010 | 785.02 Mn |
| Dec 31, 2010 | 785.02 Mn |
| Sep 25, 2010 | 717.98 Mn |
| Sep 25, 2010 | 717.98 Mn |
| Jun 26, 2010 | 470.83 Mn |
| Jun 26, 2010 | 470.83 Mn |
| Mar 27, 2010 | 484.26 Mn |
| Mar 27, 2010 | 484.26 Mn |
| Dec 26, 2009 | 788.26 Mn |
| Dec 26, 2009 | 788.26 Mn |
| Sep 26, 2009 | 497.56 Mn |
| Sep 26, 2009 | 497.56 Mn |
| Jun 27, 2009 | 346.07 Mn |
| Jun 27, 2009 | 346.07 Mn |
| Mar 28, 2009 | 325.71 Mn |
| Mar 28, 2009 | 325.71 Mn |