First Solar (FSLR) Enterprise Value (2009 - 2026)
First Solar (FSLR) posted Enterprise Value of -$2.4 billion for Q1 2026, up 15.02% on a QoQ basis from -$2.9 billion in Q4 2025, and down 172.41% year-over-year from $3.4 billion in Q1 2025.
First Solar (FSLR) Enterprise Value (2009 - 2026) Analysis & Trends
First Solar's Enterprise Value history runs 18 years deep, the most recent figure standing at -$2.4 billion for Q1 2026.
- Quarterly Enterprise Value fell 172.41% year-over-year to -$2.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.4 billion (down 172.41% YoY) and the FY2025 annual result came in at -$2.9 billion, down 59.25% from the prior year.
- Enterprise Value was -$2.4 billion for Q1 2026 at First Solar, up from -$2.9 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$8.3 million in Q2 2023 and bottomed at -$2.9 billion in Q4 2025.
- A 5-year average of -$1.4 billion and a median of -$1.7 billion in 2024 frame the typical range for Enterprise Value.
- Peak annual rise in Enterprise Value reached 99.29% in 2022, while the deepest fall reached 34984.12% in 2022.
- First Solar's Enterprise Value stood at -$2.6 billion in 2022, then increased by 18.44% to -$2.1 billion in 2023, then grew by 14.72% to -$1.8 billion in 2024, then plunged by 59.25% to -$2.9 billion in 2025, then grew by 15.02% to -$2.4 billion in 2026.
- Business Quant data shows FSLR's Enterprise Value at -$2.4 billion in Q1 2026, -$2.9 billion in Q4 2025, and -$2.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -2.43 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | -1.09 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -930.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -1.69 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -553.37 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 320.65 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -1.88 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -433.02 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -200.70 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -76.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -8.26 Mn |
| 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 | -7.35 Mn |
| Sep 30, 2021 | -1.37 Bn |
| Jun 30, 2021 | -1.35 Bn |