First Solar (FSLR) EBT Margin (2009 - 2026)
First Solar's (FSLR) quarterly EBT Margin came in at 43.49% in Q2 2026, up 1140.0% YoY from 3.51% in Q2 2025, and up 28.18% on a QoQ basis from 33.93% in Q1 2026.
First Solar (FSLR) EBT Margin (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of EBT Margin data on file, last reported at 43.49% in Q2 2026.
- Quarterly EBT Margin rose 1140.0% year-over-year to 43.49% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 33.94% (up 302.0% YoY) and the FY2025 annual result came in at 30.29%, down 314.0% from the prior year.
- EBT Margin improved to 43.49% in Q2 2026, from 33.93% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 43.49% in Q2 2026 to a low of 17.1% in Q1 2022.
- A 5-year average of 23.68% and a median of 30.79% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin plunged 4898 bps — and 2023, when it surged 4607 bps.
- Tracing FSLR's EBT Margin over 5 years: stood at 0.66% in 2022, then soared by 5059 bps to 32.51% in 2023, then decreased by 9 bps to 29.48% in 2024, then climbed by 11 bps to 32.76% in 2025, then jumped by 33 bps to 43.49% in 2026.
- The last three EBT Margin figures came in at 43.49% (Q2 2026), 33.93% (Q1 2026), and 32.76% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 43.49% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 21.27% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 21.21% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | -24.38% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.21% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 9.49% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -9.74% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -9.84% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 9.27% |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 23.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.49% |
| Mar 31, 2026 | 33.93% |
| Dec 31, 2025 | 32.76% |
| Sep 30, 2025 | 28.86% |
| Jun 30, 2025 | 32.10% |
| Mar 31, 2025 | 25.70% |
| Dec 31, 2024 | 29.48% |
| Sep 30, 2024 | 36.88% |
| Jun 30, 2024 | 37.32% |
| Mar 31, 2024 | 32.18% |
| Dec 31, 2023 | 32.51% |
| Sep 30, 2023 | 36.26% |
| Jun 30, 2023 | 23.25% |
| Mar 31, 2023 | 6.51% |
| Dec 31, 2022 | -0.66% |
| Sep 30, 2022 | -9.81% |
| Jun 30, 2022 | 22.48% |
| Mar 31, 2022 | -17.10% |
| Dec 31, 2021 | 18.42% |
| Sep 30, 2021 | 7.89% |