First Solar (FSLR) Current Deferred Revenue (2011 - 2026)
First Solar (FSLR) recorded Current Deferred Revenue of $1.01 billion in Q3 2026, down 35.3% from $1.55 billion a year earlier and down 14.7% from the prior quarter.
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Analysis
First Solar (FSLR) Current Deferred Revenue (2011 - 2026) Analysis & Trends
Starting with Q4 2011, First Solar's Current Deferred Revenue history includes 57 quarters.
- Annual Current Deferred Revenue has increased for five straight years, with a five-year compound annual growth rate of 40.0% (FY2020 to FY2025).
- Across earlier years, Current Deferred Revenue came in at $712 million in FY2024 (+72.2%), $413.58 million in FY2023 (+57.1%), $263.22 million in FY2022 (+30.4%) and $201.87 million in FY2021 (+6.9%).
- The Q3 2026 figure is the lowest quarterly Current Deferred Revenue since Q4 2024.
- On a year-over-year basis, Current Deferred Revenue rose in seven of the last eight quarters, with growth averaging 43.9%.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 141.0% in Q3 2025, against a decline of 35.3% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.18 billion (Q2 2026), $1.2 billion (Q1 2026) and $1.01 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 210.90 Bn | 163.15 Bn | 3.11 Bn |
| 2 | Bloom Energy | 54.82 Bn | 44.75 Bn | 417.10 Mn |
| 3 | First Solar | 19.45 Bn | 10.82 Bn | 713.06 Mn |
| 4 | Nextpower | 15.04 Bn | 10.75 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.61 Bn | 9.39 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.72 Bn | 9.45 Bn | 516.04 Mn |
| 7 | Innio | 10.33 Bn | 6.57 Bn | 367.70 Mn |
| 8 | EnerSys | 5.50 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.08 Bn | 131.50 Mn |
| 10 | X-Energy | 4.46 Bn | 3.10 Bn | -32.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.01 Bn |
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.55 Bn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 712.00 Mn |
| Sep 30, 2024 | 645.05 Mn |
| Jun 30, 2024 | 689.47 Mn |
| Mar 31, 2024 | 692.68 Mn |
| Dec 31, 2023 | 413.58 Mn |
| Sep 30, 2023 | 372.17 Mn |
| Jun 30, 2023 | 390.23 Mn |
| Mar 31, 2023 | 398.69 Mn |
| Dec 31, 2022 | 263.22 Mn |
| Sep 30, 2022 | 235.29 Mn |
| Jun 30, 2022 | 227.47 Mn |
| Mar 31, 2022 | 218.92 Mn |
| Dec 31, 2021 | 201.87 Mn |
API Access
First Solar Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();