First Solar (FSLR) Enterprise Value (2009 - 2026)
First Solar's (FSLR) quarterly Enterprise Value came in at -$1.7 billion in Q2 2026, down 49.67% YoY from -$3.4 billion in Q2 2025, and up 28.83% on a QoQ basis from -$2.4 billion in Q1 2026.
First Solar (FSLR) Enterprise Value (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Enterprise Value data on file, last reported at -$1.7 billion in Q2 2026.
- Quarterly Enterprise Value fell 49.67% year-over-year to -$1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$1.7 billion (down 49.67% YoY) and the FY2025 annual result came in at -$2.9 billion, down 59.25% from the prior year.
- Enterprise Value grew to -$1.7 billion in Q2 2026, from -$2.4 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$8.3 million in Q2 2023 to a low of -$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.
- Annual changes were most pronounced in 2022 — Enterprise Value jumped 99.29% — and 2024, when it tumbled 20964.43%.
- Tracing FSLR's Enterprise Value over 5 years: 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 soared by 39.52% to -$1.7 billion in 2026.
- The last three Enterprise Value figures came in at -$1.7 billion (Q2 2026), -$2.4 billion (Q1 2026), and -$2.9 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | -1.73 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | -1.21 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | -937.71 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 477.69 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -581.92 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | -15.72 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -453.19 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -1.69 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | -307.30 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -76.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.73 Bn |
| 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 |