First Solar (FSLR) EBIT (2009 - 2026)
First Solar (FSLR) posted EBIT of $345.3 million for Q1 2026, down 36.98% on a QoQ basis from $547.9 million in Q4 2025, and up 56.07% year-over-year from $221.2 million in Q1 2025.
First Solar (FSLR) EBIT (2009 - 2026) Analysis & Trends
First Solar's EBIT history runs 18 years deep, the most recent figure standing at $345.3 million for Q1 2026.
- Quarterly EBIT rose 56.07% year-over-year to $345.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 25.38% YoY) and the FY2025 annual result came in at $1.6 billion, up 14.52% from the prior year.
- EBIT was $345.3 million for Q1 2026 at First Solar, down from $547.9 million in the prior quarter.
- Across five years, EBIT topped out at $547.9 million in Q4 2025 and bottomed at -$68.4 million in Q3 2022.
- A 5-year average of $245.1 million and a median of $273.0 million in 2023 frame the typical range for EBIT.
- Annual changes were most pronounced in 2022 — EBIT sank 234.38% — and 2024, when it soared 1250.63%.
- First Solar's EBIT stood at -$45.9 million in 2022, then surged by 966.52% to $397.8 million in 2023, then rose by 14.83% to $456.8 million in 2024, then increased by 19.96% to $547.9 million in 2025, then tumbled by 36.98% to $345.3 million in 2026.
- Business Quant data shows FSLR's EBIT at $345.3 million in Q1 2026, $547.9 million in Q4 2025, and $466.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -29.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -84.91 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -64.06 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 7.11 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 36.27 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 |