First Solar (FSLR) Change in Receivables (2009 - 2026)
First Solar (FSLR) posted Change in Receivables of $85.8 million for Q1 2026, up 137.68% on a QoQ basis from -$227.6 million in Q4 2025, and down 72.05% year-over-year from $306.8 million in Q1 2025.
First Solar (FSLR) Change in Receivables (2009 - 2026) Analysis & Trends
First Solar's Change in Receivables history runs 18 years deep, the most recent figure standing at $85.8 million for Q1 2026.
- Quarterly Change in Receivables fell 72.05% year-over-year to $85.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$251.7 million (down 130.34% YoY) and the FY2025 annual result came in at -$30.6 million, down 106.06% from the prior year.
- Change in Receivables was $85.8 million for Q1 2026 at First Solar, 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.
- A 5-year average of $43.9 million and a median of -$1.5 million in 2022 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2023 — Change in Receivables soared 14220.43% — and 2025, when it slumped 323.67%.
- First Solar's Change in Receivables stood at $58.3 million in 2022, then plunged by 238.71% to -$80.9 million in 2023, then jumped by 639.82% to $436.5 million in 2024, then plunged by 152.14% to -$227.6 million in 2025, then surged by 137.68% to $85.8 million in 2026.
- Business Quant data shows FSLR's Change in Receivables at $85.8 million in Q1 2026, -$227.6 million in Q4 2025, and -$220.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -41.56 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 | -43.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 412,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 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 |