First Solar (FSLR) Enterprise Value (2009 - 2026)
First Solar's (FSLR) quarterly Enterprise Value came in at $23.6 billion in Q2 2026, up 42.36% on a YoY basis from $16.6 billion in Q2 2025, and up 25.9% quarter-over-quarter from $18.8 billion in Q1 2026.
Analysis
First Solar (FSLR) Enterprise Value (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Enterprise Value for 18 consecutive years, with $23.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value rose 42.36% year-over-year to $23.6 billion; the trailing twelve-month figure through Jun 2026 stood at $23.6 billion (up 42.36% YoY), and the FY2025 full-year result was $25.2 billion, up 47.45% from the prior year.
- Enterprise Value climbed to $23.6 billion in Q2 2026 per FSLR's latest filing, from $18.8 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $25.4 billion in Q3 2024 and bottomed at $7.3 billion in Q2 2022.
- Historically, Enterprise Value has averaged $17.5 billion across 5 years, with a median of $16.8 billion in 2024.
- The sharpest annual moves came in 2023 and 2024: Enterprise Value surged 160.69% in 2023, then tumbled 30.76% in 2024.
- Over 5 years, Enterprise Value stood at $13.4 billion in 2022, then rose by 21.76% to $16.3 billion in 2023, then advanced by 4.72% to $17.1 billion in 2024, then surged by 47.45% to $25.2 billion in 2025, then slipped by 6.14% to $23.6 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $23.6 billion, $18.8 billion, and $25.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
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 | 23.22 Bn |
| Dec 31, 2022 | 13.39 Bn |
| Sep 30, 2022 | 12.94 Bn |
| Jun 30, 2022 | 7.25 Bn |
| Mar 31, 2022 | 8.91 Bn |
| Dec 31, 2021 | 7.44 Bn |
| Sep 30, 2021 | 8.78 Bn |