First Solar (FSLR) Common Equity (2009 - 2026)
First Solar (FSLR) posted Common Equity of $9.9 billion for Q1 2026, up 3.57% on a QoQ basis from $9.5 billion in Q4 2025, and up 20.66% year-over-year from $8.2 billion in Q1 2025.
First Solar (FSLR) Common Equity (2009 - 2026) Analysis & Trends
First Solar's Common Equity history runs 18 years deep, the most recent figure standing at $9.9 billion for Q1 2026.
- Quarterly Common Equity rose 20.66% year-over-year to $9.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.9 billion (up 20.66% YoY) and the FY2025 annual result came in at $9.5 billion, up 19.56% from the prior year.
- Common Equity was $9.9 billion for Q1 2026 at First Solar, up from $9.5 billion in the prior quarter.
- Across five years, Common Equity topped out at $9.9 billion in Q1 2026 and bottomed at $5.8 billion in Q3 2022.
- A 5-year average of $7.2 billion and a median of $6.9 billion in 2024 frame the typical range for Common Equity.
- Annual changes were most pronounced in 2022 — Common Equity declined 2.07% — and 2026, when it advanced 20.66%.
- First Solar's Common Equity stood at $5.8 billion in 2022, then gained by 14.59% to $6.7 billion in 2023, then gained by 19.29% to $8.0 billion in 2024, then advanced by 19.56% to $9.5 billion in 2025, then gained by 3.57% to $9.9 billion in 2026.
- Business Quant data shows FSLR's Common Equity at $9.9 billion in Q1 2026, $9.5 billion in Q4 2025, and $9.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 9.88 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 2.33 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 1.10 Bn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 3.92 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 410.72 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 3.34 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 601.65 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 3.94 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -214.38 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 139.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.88 Bn |
| Dec 31, 2025 | 9.54 Bn |
| Sep 30, 2025 | 9.02 Bn |
| Jun 30, 2025 | 8.55 Bn |
| Mar 31, 2025 | 8.19 Bn |
| Dec 31, 2024 | 7.98 Bn |
| Sep 30, 2024 | 7.59 Bn |
| Jun 30, 2024 | 7.26 Bn |
| Mar 31, 2024 | 6.90 Bn |
| Dec 31, 2023 | 6.69 Bn |
| Sep 30, 2023 | 6.30 Bn |
| Jun 30, 2023 | 6.04 Bn |
| Mar 31, 2023 | 5.87 Bn |
| Dec 31, 2022 | 5.84 Bn |
| Sep 30, 2022 | 5.83 Bn |
| Jun 30, 2022 | 5.90 Bn |
| Mar 31, 2022 | 5.88 Bn |
| Dec 31, 2021 | 5.96 Bn |
| Jun 30, 2021 | 5.78 Bn |
| Mar 31, 2021 | 5.69 Bn |