First Solar (FSLR) Equity Average (2009 - 2026)
First Solar posted quarterly Equity Average of $9.7 billion for Q1 2026, up 20.12% year-on-year from $8.1 billion in Q1 2025, and up 4.65% on a QoQ basis from $9.3 billion in Q4 2025.
First Solar (FSLR) has 18 years of Equity Average data on file, last reported at $9.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Equity Average rose 20.12% year-over-year to $9.7 billion; the trailing twelve-month figure through Mar 2026 stood at $9.7 billion (up 20.12% YoY), and the FY2025 full-year result was $8.8 billion, up 19.44% from the prior year.
- Equity Average for Q1 2026 stood at $9.7 billion, up from $9.3 billion in the prior quarter.
- Across five years, Equity Average topped out at $9.7 billion in Q1 2026 and bottomed at $5.8 billion in Q4 2022.
- The 5-year median for Equity Average is $6.8 billion (2024), against an average of $7.1 billion.
- The widest annual swing landed in 2023, when Equity Average dropped 1.1%; it then rose 20.31% in 2024.
- A 5-year view of Equity Average shows it stood at $5.8 billion in 2022, then increased by 11.36% to $6.5 billion in 2023, then rose by 19.87% to $7.8 billion in 2024, then grew by 19.15% to $9.3 billion in 2025, then rose by 4.65% to $9.7 billion in 2026.
- The last three Equity Average figures came in at $9.7 billion (Q1 2026), $9.3 billion (Q4 2025), and $8.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 9.71 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 2.24 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1,436.10 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 1.09 Bn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 419.09 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 3.81 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 600.81 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -210.36 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 3.80 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 34.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.71 Bn |
| Dec 31, 2025 | 9.28 Bn |
| Sep 30, 2025 | 8.78 Bn |
| Jun 30, 2025 | 8.37 Bn |
| Mar 31, 2025 | 8.08 Bn |
| Dec 31, 2024 | 7.79 Bn |
| Sep 30, 2024 | 7.42 Bn |
| Jun 30, 2024 | 7.08 Bn |
| Mar 31, 2024 | 6.79 Bn |
| Dec 31, 2023 | 6.49 Bn |
| Sep 30, 2023 | 6.17 Bn |
| Jun 30, 2023 | 5.95 Bn |
| Mar 31, 2023 | 5.85 Bn |
| Dec 31, 2022 | 5.83 Bn |
| Sep 30, 2022 | 5.86 Bn |
| Jun 30, 2022 | 5.89 Bn |
| Mar 31, 2022 | 5.92 Bn |
| Dec 31, 2021 | 5.89 Bn |
| Sep 30, 2021 | 5.81 Bn |
| Jun 30, 2021 | 5.74 Bn |
| Mar 31, 2021 | 5.61 Bn |
| Dec 31, 2020 | 5.46 Bn |
| Sep 30, 2020 | 5.31 Bn |
| Jun 30, 2020 | 5.20 Bn |
| Mar 31, 2020 | 5.13 Bn |
| Dec 31, 2019 | 5.14 Bn |
| Sep 30, 2019 | 5.16 Bn |
| Jun 30, 2019 | 5.13 Bn |
| Mar 31, 2019 | 5.17 Bn |
| Dec 31, 2018 | 5.19 Bn |
| Sep 30, 2018 | 5.14 Bn |
| Jun 30, 2018 | 5.14 Bn |
| Mar 31, 2018 | 5.13 Bn |
| Dec 31, 2017 | 5.31 Bn |
| Sep 30, 2017 | 5.40 Bn |
| Jun 30, 2017 | 5.26 Bn |
| Mar 31, 2017 | 5.22 Bn |
| Dec 31, 2016 | 5.58 Bn |
| Sep 30, 2016 | 5.88 Bn |
| Jun 30, 2016 | 5.77 Bn |
| Mar 31, 2016 | 5.68 Bn |
| Dec 31, 2015 | 5.50 Bn |
| Sep 30, 2015 | 5.22 Bn |
| Jun 30, 2015 | 5.01 Bn |
| Mar 31, 2015 | 4.99 Bn |
| Dec 31, 2014 | 4.89 Bn |
| Sep 30, 2014 | 4.73 Bn |
| Jun 30, 2014 | 4.65 Bn |
| Mar 31, 2014 | 4.55 Bn |
| Dec 31, 2013 | 4.44 Bn |
| Sep 30, 2013 | 4.29 Bn |
| Jun 30, 2013 | 3.92 Bn |
| Mar 31, 2013 | 3.62 Bn |
| Dec 31, 2012 | 3.52 Bn |
| Sep 30, 2012 | 3.41 Bn |
| Jun 30, 2012 | 3.29 Bn |
| Mar 31, 2012 | 3.43 Bn |
| Dec 31, 2011 | 3.83 Bn |
| Sep 30, 2011 | 3.85 Bn |
| Jun 30, 2011 | 3.62 Bn |
| Mar 31, 2011 | 3.51 Bn |
| Dec 31, 2010 | 3.38 Bn |
| Sep 25, 2010 | 3.16 Bn |
| Jun 26, 2010 | 2.93 Bn |
| Mar 27, 2010 | 2.75 Bn |
| Dec 26, 2009 | 2.56 Bn |
| Sep 26, 2009 | 2.37 Bn |