First Solar (FSLR) Ending Cash Balance (2009 - 2026)
First Solar (FSLR) posted Ending Cash Balance of $1.59 billion for Q3 2026, down 20.4% from $2 billion a year earlier and down 6.4% from the prior quarter.
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Analysis
First Solar (FSLR) Ending Cash Balance (2009 - 2026) Analysis & Trends
For FY2025, First Solar's Ending Cash Balance came in at $2.81 billion, up 71.8% from FY2024.
- Annual Ending Cash Balance shows a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- In prior years, First Solar's Ending Cash Balance was $1.64 billion in FY2024 (-16.6%), $1.97 billion in FY2023 (+31.6%), $1.49 billion in FY2022 (+2.6%) and $1.46 billion in FY2021 (+14.3%).
- The Q3 2026 figure stands as the lowest quarterly Ending Cash Balance since Q2 2025.
- On a year-over-year basis, Ending Cash Balance increased in four of the last eight quarters, with growth averaging 34.4%.
- The strongest year-over-year quarter for Ending Cash Balance in the past five years was Q1 2026, with growth of 181.6%; the weakest was Q2 2023, with a decline of 50.6%.
- According to Business Quant data, Ending Cash Balance for the three prior quarters was $1.7 billion (Q2 2026), $2.38 billion (Q1 2026) and $2.81 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 206.05 Bn | 157.15 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 51.10 Bn | 41.00 Bn | 417.10 Mn | 2.51 Bn |
| 3 | First Solar | 21.63 Bn | 12.99 Bn | 713.06 Mn | 1.59 Bn |
| 4 | Nextpower | 15.87 Bn | 11.57 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 10.96 Bn | 8.77 Bn | 227.14 Mn | 576.80 Mn |
| 6 | Generac Holdings | 10.36 Bn | 9.10 Bn | 516.04 Mn | 393.67 Mn |
| 7 | EnerSys | 5.36 Bn | 3.55 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Mirion Technologies | 4.35 Bn | 2.71 Bn | 131.50 Mn | 411.60 Mn |
| 9 | Enphase Energy | 3.78 Bn | -535.47 Mn | 127.12 Mn | 380.40 Mn |
| 10 | QuantumScape | 2.65 Bn | -899.55 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.59 Bn |
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 2.38 Bn |
| Dec 31, 2025 | 2.81 Bn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Mar 31, 2025 | 844.02 Mn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Sep 30, 2023 | 1.51 Bn |
| Jun 30, 2023 | 844.60 Mn |
| Mar 31, 2023 | 922.82 Mn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.16 Bn |
| Jun 30, 2022 | 1.71 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.46 Bn |
API Access
First Solar Ending Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();