First Solar (FSLR) Exchange Rate Effect (2009 - 2026)
First Solar (FSLR) posted Exchange Rate Effect of -$2.0 million for Q1 2026, down 289.7% on a QoQ basis from $1.1 million in Q4 2025, and down 227.26% year-over-year from $1.6 million in Q1 2025.
First Solar (FSLR) Exchange Rate Effect (2009 - 2026) Analysis & Trends
First Solar's Exchange Rate Effect history runs 18 years deep, the most recent figure standing at -$2.0 million for Q1 2026.
- Quarterly Exchange Rate Effect fell 227.26% year-over-year to -$2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$553000.0 (up 80.54% YoY) and the FY2025 annual result came in at $3.1 million, up 148.52% from the prior year.
- Exchange Rate Effect was -$2.0 million for Q1 2026 at First Solar, down from $1.1 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.
- A 5-year average of $2.8 million and a median of $1.1 million in 2025 frame the typical range for Exchange Rate Effect.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect soared 2425.46% — and 2023, when it sank 4766.18%.
- First Solar's 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 slumped by 289.7% to -$2.0 million in 2026.
- Business Quant data shows FSLR's Exchange Rate Effect at -$2.0 million in Q1 2026, $1.1 million in Q4 2025, and -$1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -2.05 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -4.84 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -1.15 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 102.27 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 553,000.00 |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 325,716.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.05 Mn |
| Mar 31, 2026 | -2.05 Mn |
| Dec 31, 2025 | 1.08 Mn |
| Dec 31, 2025 | 1.08 Mn |
| Sep 30, 2025 | -1.45 Mn |
| Sep 30, 2025 | -1.45 Mn |
| Jun 30, 2025 | 1.86 Mn |
| Jun 30, 2025 | 1.86 Mn |
| Mar 31, 2025 | 1.61 Mn |
| Mar 31, 2025 | 1.61 Mn |
| Dec 31, 2024 | -3.58 Mn |
| Dec 31, 2024 | -3.58 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | -3.66 Mn |
| Jun 30, 2024 | -3.66 Mn |
| Mar 31, 2024 | -1.94 Mn |
| Mar 31, 2024 | -1.94 Mn |
| Dec 31, 2023 | 6.14 Mn |
| Dec 31, 2023 | 6.14 Mn |