First Solar (FSLR) Exchange Rate Effect (2009 - 2026)
First Solar's (FSLR) quarterly Exchange Rate Effect came in at $5.9 million in Q2 2026, up 214.55% on a YoY basis from $1.9 million in Q2 2025, and up 386.41% quarter-over-quarter from -$2.0 million in Q1 2026.
Analysis
First Solar (FSLR) Exchange Rate Effect (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Exchange Rate Effect for 18 consecutive years, with $5.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect rose 214.55% year-over-year to $5.9 million; the trailing twelve-month figure through Jun 2026 stood at $3.4 million (up 28.34% YoY), and the FY2025 full-year result was $3.1 million, up 148.52% from the prior year.
- Exchange Rate Effect improved to $5.9 million in Q2 2026 per FSLR's latest filing, from -$2.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $24.8 million in Q2 2022 and bottomed at -$3.7 million in Q2 2024.
- Historically, Exchange Rate Effect has averaged $3.0 million across 5 years, with a median of $1.3 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Exchange Rate Effect jumped 2425.46% in 2022, then tumbled 4766.18% in 2023.
- Over 5 years, Exchange Rate Effect stood at $7.6 million in 2022, then declined by 18.91% to $6.1 million in 2023, then tumbled by 158.34% to -$3.6 million in 2024, then soared by 130.09% to $1.1 million in 2025, then soared by 443.32% to $5.9 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $5.9 million, -$2.0 million, and $1.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 5.86 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | -620,000.00 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 6.43 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -117,000.00 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -45.33 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 1.18 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -583,641.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.86 Mn |
| Mar 31, 2026 | -2.05 Mn |
| Dec 31, 2025 | 1.08 Mn |
| Sep 30, 2025 | -1.45 Mn |
| Jun 30, 2025 | 1.86 Mn |
| Mar 31, 2025 | 1.61 Mn |
| Dec 31, 2024 | -3.58 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | -3.66 Mn |
| Mar 31, 2024 | -1.94 Mn |
| Dec 31, 2023 | 6.14 Mn |
| Sep 30, 2023 | -3.31 Mn |
| Jun 30, 2023 | 959,000.00 |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | 7.57 Mn |
| Sep 30, 2022 | -68,000.00 |
| Jun 30, 2022 | 24.77 Mn |
| Mar 31, 2022 | 15.16 Mn |
| Dec 31, 2021 | 1.49 Mn |
| Sep 30, 2021 | 781,000.00 |