First Solar (FSLR) Current Deferred Revenue (2011 - 2026)
First Solar (FSLR) reported Current Deferred Revenue of $1.8 billion for Q1 2026, up 71.38% on a YoY basis from $1.0 billion in Q1 2025, and down 1.86% quarter-over-quarter from $1.8 billion in Q4 2025.
First Solar (FSLR) Current Deferred Revenue (2011 - 2026) Analysis & Trends
First Solar has reported Current Deferred Revenue for 16 years, with the latest figure at $1.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Current Deferred Revenue rose 71.38% year-over-year to $1.8 billion; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (up 71.38% YoY), and the FY2025 full-year result was $1.8 billion, up 155.53% from the prior year.
- Current Deferred Revenue for Q1 2026 stood at $1.8 billion, down from $1.8 billion in the prior quarter.
- The five-year high for Current Deferred Revenue was $2.1 billion in Q1 2024, with the low at $263.2 million in Q4 2022.
- Historically, Current Deferred Revenue has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2023.
- Annual changes were most pronounced in 2023 — Current Deferred Revenue surged 206.03% — and 2024, when it plunged 62.54%.
- First Solar's Current Deferred Revenue stood at $263.2 million in 2022, then surged by 57.13% to $413.6 million in 2023, then surged by 72.16% to $712.0 million in 2024, then soared by 155.53% to $1.8 billion in 2025, then fell by 1.86% to $1.8 billion in 2026.
- The last three Current Deferred Revenue figures came in at $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.79 Bn |
| Dec 31, 2025 | 1.82 Bn |
| Sep 30, 2025 | 1.55 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 712.00 Mn |
| Sep 30, 2024 | 645.05 Mn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 2.07 Bn |
| Dec 31, 2023 | 413.58 Mn |
| Sep 30, 2023 | 1.72 Bn |
| Jun 30, 2023 | 1.55 Bn |
| Dec 31, 2022 | 263.22 Mn |
| Sep 30, 2022 | 584.23 Mn |
| Jun 30, 2022 | 505.64 Mn |
| Mar 31, 2022 | 373.81 Mn |
| Dec 31, 2021 | 297.81 Mn |
| Sep 30, 2021 | 307.47 Mn |
| Jun 30, 2021 | 328.41 Mn |
| Mar 31, 2021 | 261.49 Mn |