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
DateValue
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