First Solar (FSLR) EBT (2009 - 2026)

First Solar (FSLR) posted EBT of $354.3 million for Q1 2026, down 35.73% on a QoQ basis from $551.3 million in Q4 2025, and up 63.24% year-over-year from $217.1 million in Q1 2025.

First Solar (FSLR) EBT (2009 - 2026) Analysis & Trends

First Solar's EBT history runs 18 years deep, the most recent figure standing at $354.3 million for Q1 2026.

  • Quarterly EBT rose 63.24% year-over-year to $354.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 25.61% YoY) and the FY2025 annual result came in at $1.6 billion, up 12.41% from the prior year.
  • EBT was $354.3 million for Q1 2026 at First Solar, down from $551.3 million in the prior quarter.
  • Across five years, EBT topped out at $551.3 million in Q4 2025 and bottomed at -$62.8 million in Q1 2022.
  • A 5-year average of $249.5 million and a median of $290.5 million in 2023 frame the typical range for EBT.
  • Annual changes were most pronounced in 2022 — EBT plunged 233.97% — and 2023, when it soared 5831.6%.
  • First Solar's EBT stood at -$6.6 million in 2022, then surged by 5831.6% to $376.7 million in 2023, then climbed by 18.49% to $446.3 million in 2024, then grew by 23.52% to $551.3 million in 2025, then sank by 35.73% to $354.3 million in 2026.
  • Business Quant data shows FSLR's EBT at $354.3 million in Q1 2026, $551.3 million in Q4 2025, and $460.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 354.33 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 159.64 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -13.90 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -174.72 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -56.08 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -290.27 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -386,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -118.53 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 4.13 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 33.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 354.33 Mn
Dec 31, 2025 551.34 Mn
Sep 30, 2025 460.35 Mn
Jun 30, 2025 352.17 Mn
Mar 31, 2025 217.06 Mn
Dec 31, 2024 446.35 Mn
Sep 30, 2024 327.34 Mn
Jun 30, 2024 377.13 Mn
Mar 31, 2024 255.52 Mn
Dec 31, 2023 376.68 Mn
Sep 30, 2023 290.47 Mn
Jun 30, 2023 188.47 Mn
Mar 31, 2023 35.67 Mn
Dec 31, 2022 -6.57 Mn
Sep 30, 2022 -61.68 Mn
Jun 30, 2022 139.60 Mn
Mar 31, 2022 -62.75 Mn
Dec 31, 2021 167.17 Mn
Sep 30, 2021 46.04 Mn
Jun 30, 2021 102.80 Mn