First Solar (FSLR) Consolidated Net Income (2009 - 2026)
First Solar (FSLR) posted Consolidated Net Income of $346.6 million for Q1 2026, down 33.46% on a QoQ basis from $520.9 million in Q4 2025, and up 65.42% year-over-year from $209.5 million in Q1 2025.
First Solar (FSLR) Consolidated Net Income (2009 - 2026) Analysis & Trends
First Solar's Consolidated Net Income history runs 18 years deep, the most recent figure standing at $346.6 million for Q1 2026.
- Quarterly Consolidated Net Income rose 65.42% year-over-year to $346.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 31.65% YoY) and the FY2025 annual result came in at $1.5 billion, up 18.28% from the prior year.
- Consolidated Net Income was $346.6 million for Q1 2026 at First Solar, down from $520.9 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $520.9 million in Q4 2025 and bottomed at -$49.2 million in Q3 2022.
- A 5-year average of $232.6 million and a median of $268.4 million in 2023 frame the typical range for Consolidated Net Income.
- Annual changes were most pronounced in 2022 — Consolidated Net Income tumbled 208.77% — and 2023, when it soared 4726.91%.
- First Solar's Consolidated Net Income stood at -$7.5 million in 2022, then surged by 4726.91% to $349.2 million in 2023, then climbed by 12.56% to $393.1 million in 2024, then jumped by 32.5% to $520.9 million in 2025, then sank by 33.46% to $346.6 million in 2026.
- Business Quant data shows FSLR's Consolidated Net Income at $346.6 million in Q1 2026, $520.9 million in Q4 2025, and $455.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -7.40 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -228.75 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -57.37 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -297.33 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -297,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -122.70 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 2.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 39.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 346.62 Mn |
| Dec 31, 2025 | 520.88 Mn |
| Sep 30, 2025 | 455.94 Mn |
| Jun 30, 2025 | 341.87 Mn |
| Mar 31, 2025 | 209.54 Mn |
| Dec 31, 2024 | 393.12 Mn |
| Sep 30, 2024 | 312.96 Mn |
| Jun 30, 2024 | 349.36 Mn |
| Mar 31, 2024 | 236.62 Mn |
| Dec 31, 2023 | 349.24 Mn |
| Sep 30, 2023 | 268.40 Mn |
| Jun 30, 2023 | 170.58 Mn |
| Mar 31, 2023 | 42.56 Mn |
| Dec 31, 2022 | -7.55 Mn |
| Sep 30, 2022 | -49.17 Mn |
| Jun 30, 2022 | 55.81 Mn |
| Mar 31, 2022 | -43.26 Mn |
| Dec 31, 2021 | 131.37 Mn |
| Sep 30, 2021 | 45.20 Mn |
| Jun 30, 2021 | 82.45 Mn |