Growth Metrics

First Solar (FSLR) Current Deferred Revenue (2011 - 2026)

First Solar posted quarterly Current Deferred Revenue of $1.8 billion for Q1 2026, up 71.38% year-on-year from $1.0 billion in Q1 2025, and down 1.86% on a QoQ basis from $1.8 billion in Q4 2025.

First Solar (FSLR) has 16 years of Current Deferred Revenue data on file, last reported 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.
  • Across five years, Current Deferred Revenue topped out at $2.1 billion in Q1 2024 and bottomed at $263.2 million in Q4 2022.
  • The 5-year median for Current Deferred Revenue is $1.3 billion (2023), against an average of $1.2 billion.
  • The widest annual swing landed in 2023, when Current Deferred Revenue surged 206.03%; it then slumped 62.54% in 2024.
  • A 5-year view of Current Deferred Revenue shows it stood at $263.2 million in 2022, then soared by 57.13% to $413.6 million in 2023, then soared by 72.16% to $712.0 million in 2024, then jumped by 155.53% to $1.8 billion in 2025, then retreated 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 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

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DateValue
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
Dec 31, 2020 188.81 Mn
Sep 30, 2020 161.58 Mn
Jun 30, 2020 187.64 Mn
Mar 31, 2020 206.50 Mn
Dec 31, 2019 394.66 Mn
Sep 30, 2019 134.28 Mn
Jun 30, 2019 157.68 Mn
Mar 31, 2019 217.44 Mn
Dec 31, 2018 177.77 Mn
Sep 30, 2018 263.58 Mn
Jun 30, 2018 258.25 Mn
Mar 31, 2018 67.34 Mn
Dec 31, 2017 81.82 Mn
Sep 30, 2017 69.10 Mn
Jun 30, 2017 31.50 Mn
Mar 31, 2017 24.75 Mn
Dec 31, 2016 308.70 Mn
Sep 30, 2016 80.83 Mn
Jun 30, 2016 110.51 Mn
Mar 31, 2016 148.33 Mn
Dec 31, 2015 87.94 Mn
Sep 30, 2015 74.10 Mn
Jun 30, 2015 168.59 Mn
Mar 31, 2015 171.33 Mn
Dec 31, 2014 195.35 Mn
Sep 30, 2014 133.78 Mn
Dec 31, 2013 117.77 Mn
Jun 30, 2013 1.68 Mn
Mar 31, 2013 2.61 Mn
Dec 31, 2012 2.06 Mn
Sep 30, 2012 534,000.00
Jun 30, 2012 195.42 Mn
Mar 31, 2012 177.58 Mn
Dec 31, 2011 41.93 Mn