First Solar (FSLR) Current Deferred Revenue (2011 - 2026)
First Solar (FSLR) recorded Current Deferred Revenue of $1.18 billion in Q2 2026, up 11.4% from $1.06 billion a year earlier but down 2.0% from the prior quarter.
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Analysis
First Solar (FSLR) Current Deferred Revenue (2011 - 2026) Analysis & Trends
At the end of FY2025, First Solar reported Current Deferred Revenue of $1.01 billion, up 42.5% from FY2024.
- 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%).
- Quarterly Current Deferred Revenue has ranged from $201.87 million in Q4 2021 to $1.55 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Current Deferred Revenue has increased for 15 consecutive quarters, with growth averaging 57.5% over the last eight quarters.
- 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 4.1% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.2 billion (Q1 2026), $1.01 billion (Q4 2025) and $1.55 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 238.81 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();