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
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 -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