First Solar (FSLR) Enterprise Value (2009 - 2026)

First Solar (FSLR) reported Enterprise Value of -$2.4 billion for Q1 2026, down 172.41% on a YoY basis from $3.4 billion in Q1 2025, and up 15.02% quarter-over-quarter from -$2.9 billion in Q4 2025.

First Solar (FSLR) Enterprise Value (2009 - 2026) Analysis & Trends

First Solar has reported Enterprise Value for 18 years, with the latest figure at -$2.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 172.41% year-over-year to -$2.4 billion; the trailing twelve-month figure through Mar 2026 stood at -$2.4 billion (down 172.41% YoY), and the FY2025 full-year result was -$2.9 billion, down 59.25% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$2.4 billion, up from -$2.9 billion in the prior quarter.
  • The five-year high for Enterprise Value was -$9.7 million in Q2 2022, with the low at -$2.9 billion in Q4 2025.
  • Historically, Enterprise Value has averaged -$1.5 billion across 5 years, with a median of -$1.8 billion in 2024.
  • Annual changes were most pronounced in 2022 — Enterprise Value jumped 98.25% — and 2023, when it slumped 19392.57%.
  • First Solar's Enterprise Value stood at -$2.6 billion in 2022, then climbed by 18.44% to -$2.1 billion in 2023, then advanced by 14.72% to -$1.8 billion in 2024, then slumped by 59.25% to -$2.9 billion in 2025, then advanced by 15.02% to -$2.4 billion in 2026.
  • The last three Enterprise Value figures came in at -$2.4 billion (Q1 2026), -$2.9 billion (Q4 2025), and -$2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -2.43 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -1.09 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -930.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -553.37 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 476.02 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -1.88 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -200.70 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.61 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -11.57 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -6.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.43 Bn
Dec 31, 2025 -2.86 Bn
Sep 30, 2025 -2.04 Bn
Jun 30, 2025 -1.15 Bn
Mar 31, 2025 -890.76 Mn
Dec 31, 2024 -1.79 Bn
Sep 30, 2024 -1.27 Bn
Jun 30, 2024 -1.74 Bn
Mar 31, 2024 -1.99 Bn
Dec 31, 2023 -2.10 Bn
Sep 30, 2023 -1.82 Bn
Jun 30, 2023 -1.88 Bn
Mar 31, 2023 -12.26 Mn
Dec 31, 2022 -2.58 Bn
Sep 30, 2022 -1.16 Bn
Jun 30, 2022 -9.67 Mn
Mar 31, 2022 -17.21 Mn
Dec 31, 2021 -1.83 Bn
Sep 30, 2021 -1.37 Bn
Jun 30, 2021 -6.57 Mn