First Solar (FSLR) Depreciation and Depletion (2014 - 2026)
First Solar posted quarterly Depreciation and Depletion of $143.8 million for Q1 2026, up 17.58% year-on-year from $122.3 million in Q1 2025, and up 0.56% on a QoQ basis from $143.0 million in Q4 2025.
First Solar (FSLR) has 13 years of Depreciation and Depletion data on file, last reported at $143.8 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation and Depletion rose 17.58% year-over-year to $143.8 million; the trailing twelve-month figure through Mar 2026 stood at $539.8 million (up 21.85% YoY), and the FY2025 full-year result was $518.3 million, up 27.22% from the prior year.
- Depreciation and Depletion for Q1 2026 stood at $143.8 million, up from $143.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $143.8 million in Q1 2026 and bottomed at $58.6 million in Q1 2022.
- The 5-year median for Depreciation and Depletion is $86.7 million (2024), against an average of $95.6 million.
- Peak annual rise in Depreciation and Depletion reached 1968.97% in 2022, while the deepest fall reached 3.17% in 2022.
- A 5-year view of Depreciation and Depletion shows it stood at $64.7 million in 2022, then jumped by 33.69% to $86.5 million in 2023, then jumped by 38.96% to $120.2 million in 2024, then climbed by 18.97% to $143.0 million in 2025, then grew by 0.56% to $143.8 million in 2026.
- The last three Depreciation and Depletion figures came in at $143.8 million (Q1 2026), $143.0 million (Q4 2025), and $130.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.80 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 | 181.10 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.20 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.40 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 | 300,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.80 Mn |
| Mar 31, 2026 | 143.80 Mn |
| Dec 31, 2025 | 143.00 Mn |
| Dec 31, 2025 | 143.00 Mn |
| Sep 30, 2025 | 130.90 Mn |
| Sep 30, 2025 | 130.90 Mn |
| Jun 30, 2025 | 122.10 Mn |
| Jun 30, 2025 | 122.10 Mn |
| Mar 31, 2025 | 122.30 Mn |
| Mar 31, 2025 | 122.30 Mn |
| Dec 31, 2024 | 120.20 Mn |
| Dec 31, 2024 | 120.20 Mn |
| Sep 30, 2024 | 107.10 Mn |
| Sep 30, 2024 | 107.10 Mn |
| Jun 30, 2024 | 93.40 Mn |
| Jun 30, 2024 | 93.40 Mn |
| Mar 31, 2024 | 86.70 Mn |
| Mar 31, 2024 | 86.70 Mn |
| Dec 31, 2023 | 86.50 Mn |
| Dec 31, 2023 | 86.50 Mn |
| Sep 30, 2023 | 80.70 Mn |
| Sep 30, 2023 | 80.70 Mn |
| Jun 30, 2023 | 76.90 Mn |
| Jun 30, 2023 | 76.90 Mn |
| Mar 31, 2023 | 65.90 Mn |
| Mar 31, 2023 | 65.90 Mn |
| Dec 31, 2022 | 64.70 Mn |
| Dec 31, 2022 | 64.70 Mn |
| Sep 30, 2022 | 61.60 Mn |
| Sep 30, 2022 | 61.60 Mn |
| Jun 30, 2022 | 60.00 Mn |
| Jun 30, 2022 | 60.00 Mn |
| Mar 31, 2022 | 58.60 Mn |
| Mar 31, 2022 | 58.60 Mn |
| Dec 31, 2021 | 58.50 Mn |
| Dec 31, 2021 | 58.50 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 2.90 Mn |
| Jun 30, 2021 | 2.90 Mn |
| Mar 31, 2021 | 56.80 Mn |
| Mar 31, 2021 | 56.80 Mn |
| Dec 31, 2020 | 53.40 Mn |
| Dec 31, 2020 | 53.40 Mn |
| Sep 30, 2020 | 49.70 Mn |
| Sep 30, 2020 | 49.70 Mn |
| Jun 30, 2020 | 48.50 Mn |
| Jun 30, 2020 | 48.50 Mn |
| Mar 31, 2020 | 5.80 Mn |
| Mar 31, 2020 | 5.80 Mn |
| Dec 31, 2019 | 5.80 Mn |
| Dec 31, 2019 | 5.80 Mn |
| Sep 30, 2019 | 42.80 Mn |
| Sep 30, 2019 | 42.80 Mn |
| Jun 30, 2019 | 3.50 Mn |
| Jun 30, 2019 | 3.50 Mn |
| Mar 31, 2019 | 42.90 Mn |
| Mar 31, 2019 | 42.90 Mn |
| Dec 31, 2018 | 36.50 Mn |
| Dec 31, 2018 | 36.50 Mn |
| Sep 30, 2018 | 3.50 Mn |
| Sep 30, 2018 | 3.50 Mn |
| Jun 30, 2018 | 4.00 Mn |
| Jun 30, 2018 | 4.00 Mn |
| Mar 31, 2018 | 4.30 Mn |
| Mar 31, 2018 | 4.30 Mn |
| Dec 31, 2017 | 76.50 Mn |
| Dec 31, 2017 | 76.50 Mn |
| Sep 30, 2017 | 22.40 Mn |
| Sep 30, 2017 | 22.40 Mn |
| Jun 30, 2017 | 4.90 Mn |
| Jun 30, 2017 | 4.90 Mn |
| Mar 31, 2017 | 5.10 Mn |
| Mar 31, 2017 | 5.10 Mn |
| Dec 31, 2016 | -146.90 Mn |
| Dec 31, 2016 | -146.90 Mn |
| Sep 30, 2016 | 4.40 Mn |
| Sep 30, 2016 | 4.40 Mn |
| Jun 30, 2016 | 52.50 Mn |
| Jun 30, 2016 | 52.50 Mn |
| Mar 31, 2016 | 54.60 Mn |
| Mar 31, 2016 | 54.60 Mn |
| Dec 31, 2015 | 1.10 Mn |
| Dec 31, 2015 | 1.10 Mn |
| Sep 30, 2015 | 61.30 Mn |
| Sep 30, 2015 | 61.30 Mn |
| Jun 30, 2015 | 62.50 Mn |
| Jun 30, 2015 | 62.50 Mn |
| Mar 31, 2015 | 600,000.00 |
| Mar 31, 2015 | 600,000.00 |
| Dec 31, 2014 | -181.70 Mn |
| Dec 31, 2014 | -181.70 Mn |
| Sep 30, 2014 | 600,000.00 |
| Sep 30, 2014 | 600,000.00 |
| Jun 30, 2014 | 100,000.00 |
| Jun 30, 2014 | 100,000.00 |
| Mar 31, 2014 | 60.80 Mn |
| Mar 31, 2014 | 60.80 Mn |