First Solar (FSLR) EBIT (2009 - 2026)
First Solar (FSLR) reported EBIT of $345.3 million for Q1 2026, up 56.07% on a YoY basis from $221.2 million in Q1 2025, and down 36.98% quarter-over-quarter from $547.9 million in Q4 2025.
First Solar (FSLR) EBIT (2009 - 2026) Analysis & Trends
First Solar has reported EBIT for 18 years, with the latest figure at $345.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBIT rose 56.07% year-over-year to $345.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 25.38% YoY), and the FY2025 full-year result was $1.6 billion, up 14.52% from the prior year.
- EBIT for Q1 2026 stood at $345.3 million, down from $547.9 million in the prior quarter.
- The five-year high for EBIT was $547.9 million in Q4 2025, with the low at -$68.4 million in Q3 2022.
- Historically, EBIT has averaged $245.1 million across 5 years, with a median of $273.0 million in 2023.
- Annual changes were most pronounced in 2022 — EBIT slumped 234.38% — and 2024, when it soared 1250.63%.
- First Solar's EBIT stood at -$45.9 million in 2022, then soared by 966.52% to $397.8 million in 2023, then grew by 14.83% to $456.8 million in 2024, then climbed by 19.96% to $547.9 million in 2025, then sank by 36.98% to $345.3 million in 2026.
- The last three EBIT figures came in at $345.3 million (Q1 2026), $547.9 million (Q4 2025), and $466.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -29.64 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -55.04 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -43.51 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 7.72 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 7.11 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -84.91 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2.41 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 345.30 Mn |
| Dec 31, 2025 | 547.92 Mn |
| Sep 30, 2025 | 466.10 Mn |
| Jun 30, 2025 | 361.61 Mn |
| Mar 31, 2025 | 221.24 Mn |
| Dec 31, 2024 | 456.77 Mn |
| Sep 30, 2024 | 322.00 Mn |
| Jun 30, 2024 | 372.51 Mn |
| Mar 31, 2024 | 243.14 Mn |
| Dec 31, 2023 | 397.78 Mn |
| Sep 30, 2023 | 272.97 Mn |
| Jun 30, 2023 | 168.52 Mn |
| Mar 31, 2023 | 18.00 Mn |
| Dec 31, 2022 | -45.91 Mn |
| Sep 30, 2022 | -68.35 Mn |
| Jun 30, 2022 | 144.83 Mn |
| Mar 31, 2022 | -57.80 Mn |
| Dec 31, 2021 | 173.16 Mn |
| Sep 30, 2021 | 50.87 Mn |
| Jun 30, 2021 | 110.38 Mn |