First Solar (FSLR) EBITDA (2009 - 2026)
First Solar's (FSLR) quarterly EBITDA came in at $450.4 million in Q2 2026, up 24.55% on a YoY basis from $361.6 million in Q2 2025, and up 30.43% quarter-over-quarter from $345.3 million in Q1 2026.
Analysis
First Solar (FSLR) EBITDA (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported EBITDA for 18 consecutive years, with $450.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA rose 24.55% year-over-year to $450.4 million; the trailing twelve-month figure through Jun 2026 stood at $1.8 billion (up 32.91% YoY), and the FY2025 full-year result was $1.6 billion, up 14.52% from the prior year.
- EBITDA rose to $450.4 million in Q2 2026 per FSLR's latest filing, from $345.3 million in the prior quarter.
- Across five years, EBITDA topped out at $547.9 million in Q4 2025 and bottomed at -$68.4 million in Q3 2022.
- Historically, EBITDA has averaged $256.5 million across 5 years, with a median of $297.5 million in 2023.
- The sharpest annual moves came in 2022 and 2024: EBITDA tumbled 234.38% in 2022, then jumped 1250.63% in 2024.
- Over 5 years, EBITDA 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 dropped by 17.8% to $450.4 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $450.4 million, $345.3 million, and $547.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.88 Bn | 20.15 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Nextpower | 12.39 Bn | 11.18 Bn | 335.85 Mn | 190.91 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.91 Bn | 175.01 Mn | 51.52 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn | -16.05 Mn |
| 5 | T1 Energy | 1.36 Bn | 1.15 Bn | 49.10 Mn | -22.78 Mn |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 21.42 Mn |
| 7 | Canadian Solar | 910.82 Mn | -555.68 Mn | 168.48 Mn | -71.06 Mn |
| 8 | Array Technologies | 687.01 Mn | 379.71 Mn | 99.60 Mn | 37.47 Mn |
| 9 | JinkoSolar Holding | 638.26 Mn | -2.04 Bn | 75.62 Mn | -210.95 Mn |
| 10 | Toyo | 131.23 Mn | 21.19 Mn | 36.97 Mn | 22.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.39 Mn |
| 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 |