First Solar (FSLR) Enterprise Value (2009 - 2026)
First Solar (FSLR) posted Enterprise Value of $23.63 billion for Q2 2026, up 42.4% from $16.6 billion a year earlier and up 25.9% from the prior quarter.
Powered by 
Analysis
First Solar (FSLR) Enterprise Value (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at First Solar was $16.31 billion, up 29.0% year-over-year; for FY2025, it was $25.18 billion, up 47.4% from FY2024.
- Annual Enterprise Value has increased for four consecutive years, with a five-year compound annual growth rate of 23.6% (FY2020 to FY2025).
- In prior years, First Solar's Enterprise Value was $17.08 billion in FY2024 (+4.7%), $16.31 billion in FY2023 (+21.8%), $13.39 billion in FY2022 (+79.9%) and $7.44 billion in FY2021 (-14.8%).
- Quarterly Enterprise Value has run from a low of $7.12 billion in Q2 2022 to a high of $25.43 billion in Q3 2024 over five years.
- On a year-over-year basis, Enterprise Value has increased in each of the last three quarters, with growth averaging 18.2% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q2 2023, with growth of 158.8%; the weakest was Q2 2025, with a decline of 25.9%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $18.77 billion (Q1 2026), $25.18 billion (Q4 2025) and $21.62 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.63 Bn |
| Mar 31, 2026 | 18.77 Bn |
| Dec 31, 2025 | 25.18 Bn |
| Sep 30, 2025 | 21.62 Bn |
| Jun 30, 2025 | 16.60 Bn |
| Mar 31, 2025 | 12.67 Bn |
| Dec 31, 2024 | 17.08 Bn |
| Sep 30, 2024 | 25.43 Bn |
| Jun 30, 2024 | 22.39 Bn |
| Mar 31, 2024 | 16.08 Bn |
| Dec 31, 2023 | 16.31 Bn |
| Sep 30, 2023 | 15.44 Bn |
| Jun 30, 2023 | 18.42 Bn |
| Mar 31, 2023 | 20.96 Bn |
| Dec 31, 2022 | 13.39 Bn |
| Sep 30, 2022 | 12.17 Bn |
| Jun 30, 2022 | 7.12 Bn |
| Mar 31, 2022 | 8.70 Bn |
| Dec 31, 2021 | 7.44 Bn |
| Sep 30, 2021 | 8.23 Bn |
API Access
First Solar Enterprise Value 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=enterprise-value&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();