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% on a YoY basis from 3.51% in Q2 2025, and up 28.18% quarter-over-quarter from 33.93% in Q1 2026.
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First Solar (FSLR) EBT Margin (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported EBT Margin for 18 consecutive years, with 43.49% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 1140.0% year-over-year to 43.49%; the trailing twelve-month figure through Jun 2026 stood at 33.94% (up 302.0% YoY), and the FY2025 full-year result was 30.29%, down 314.0% from the prior year.
- EBT Margin advanced to 43.49% in Q2 2026 per FSLR's latest filing, from 33.93% in the prior quarter.
- Across five years, EBT Margin topped out at 43.49% in Q2 2026 and bottomed at 17.1% in Q1 2022.
- Historically, EBT Margin has averaged 23.68% across 5 years, with a median of 30.79% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin sank 4898 bps in 2022, then soared 4607 bps in 2023.
- Over 5 years, EBT Margin stood at 0.66% in 2022, then surged by 5059 bps to 32.51% in 2023, then dropped by 9 bps to 29.48% in 2024, then increased by 11 bps to 32.76% in 2025, then soared by 33 bps to 43.49% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 43.49%, 33.93%, and 32.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 43.49% |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 21.27% |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 21.21% |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | -8.21% |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | -14.45% |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 9.49% |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | -5.58% |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 9.27% |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | -10.51% |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 18.14% |
Historic Data
Download Data
Historic 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% |