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| Date | Value |
|---|---|
| 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 |