First Solar (FSLR) EBITDA (2009 - 2026)
First Solar posted quarterly EBITDA of $345.3 million for Q1 2026, up 56.07% year-on-year from $221.2 million in Q1 2025, and down 36.98% on a QoQ basis from $547.9 million in Q4 2025.
First Solar (FSLR) has 18 years of EBITDA data on file, last reported at $345.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA 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.
- EBITDA for Q1 2026 stood at $345.3 million, down from $547.9 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.
- The 5-year median for EBITDA is $273.0 million (2023), against an average of $245.1 million.
- The widest annual swing landed in 2022, when EBITDA plunged 234.38%; it then soared 1250.63% in 2024.
- A 5-year view of EBITDA shows it stood at -$45.9 million in 2022, then jumped by 966.52% to $397.8 million in 2023, then increased by 14.83% to $456.8 million in 2024, then grew by 19.96% to $547.9 million in 2025, then plunged by 36.98% to $345.3 million in 2026.
- The last three EBITDA 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) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 9.92 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 9.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2.41 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 |
| Mar 31, 2021 | 252.35 Mn |
| Dec 31, 2020 | 57.77 Mn |
| Sep 30, 2020 | 207.16 Mn |
| Jun 30, 2020 | 50.90 Mn |
| Mar 31, 2020 | 1.66 Mn |
| Dec 31, 2019 | -117.87 Mn |
| Sep 30, 2019 | 41.30 Mn |
| Jun 30, 2019 | -8.58 Mn |
| Mar 31, 2019 | -76.64 Mn |
| Dec 31, 2018 | 11.01 Mn |
| Sep 30, 2018 | 58.48 Mn |
| Jun 30, 2018 | -103.63 Mn |
| Mar 31, 2018 | 74.26 Mn |
| Dec 31, 2017 | -35.07 Mn |
| Sep 30, 2017 | 206.99 Mn |
| Jun 30, 2017 | 13.93 Mn |
| Mar 31, 2017 | -8.00 Mn |
| Dec 31, 2016 | -821.15 Mn |
| Sep 30, 2016 | 73.32 Mn |
| Jun 30, 2016 | -243,000.00 |
| Mar 31, 2016 | 179.92 Mn |
| Dec 31, 2015 | 345.32 Mn |
| Sep 30, 2015 | 397.82 Mn |
| Jun 30, 2015 | 57.13 Mn |
| Mar 31, 2015 | -70.11 Mn |
| Dec 31, 2014 | 199.22 Mn |
| Sep 30, 2014 | 83.88 Mn |
| Jun 30, 2014 | 1.91 Mn |
| Mar 31, 2014 | 139.27 Mn |
| Dec 31, 2013 | 62.20 Mn |
| Sep 30, 2013 | 207.90 Mn |
| Jun 30, 2013 | 39.10 Mn |
| Mar 31, 2013 | 61.21 Mn |
| Dec 31, 2012 | 172.02 Mn |
| Sep 30, 2012 | 107.05 Mn |
| Jun 30, 2012 | 139.66 Mn |
| Mar 31, 2012 | -456.28 Mn |
| Dec 31, 2011 | -485.32 Mn |
| Sep 30, 2011 | 222.74 Mn |
| Jun 30, 2011 | 64.53 Mn |
| Mar 31, 2011 | 129.38 Mn |
| Dec 31, 2010 | 165.65 Mn |
| Sep 25, 2010 | 211.64 Mn |
| Jun 26, 2010 | 180.47 Mn |
| Mar 27, 2010 | 191.14 Mn |
| Dec 26, 2009 | 144.73 Mn |
| Sep 26, 2009 | 162.79 Mn |
| Jun 27, 2009 | 204.04 Mn |
| Mar 28, 2009 | 168.06 Mn |