First Solar (FSLR) EBT (2009 - 2026)

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

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

First Solar has reported EBT for 18 years, with the latest figure at $354.3 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT rose 63.24% year-over-year to $354.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 25.61% YoY), and the FY2025 full-year result was $1.6 billion, up 12.41% from the prior year.
  • EBT for Q1 2026 stood at $354.3 million, down from $551.3 million in the prior quarter.
  • The five-year high for EBT was $551.3 million in Q4 2025, with the low at -$62.8 million in Q1 2022.
  • Historically, EBT has averaged $249.5 million across 5 years, with a median of $290.5 million in 2023.
  • Annual changes were most pronounced in 2022 — EBT sank 233.97% — and 2023, when it soared 5831.6%.
  • First Solar's EBT stood at -$6.6 million in 2022, then soared by 5831.6% to $376.7 million in 2023, then gained by 18.49% to $446.3 million in 2024, then advanced by 23.52% to $551.3 million in 2025, then tumbled by 35.73% to $354.3 million in 2026.
  • The last three EBT figures came in at $354.3 million (Q1 2026), $551.3 million (Q4 2025), and $460.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 354.33 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 159.64 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -13.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -56.08 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -290.27 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -386,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 4.13 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -174.72 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -1.91 Mn
10 Skycorp Solar 110.38 Mn 103.60 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