First Solar (FSLR) Exchange Rate Effect (2009 - 2026)
First Solar posted quarterly Exchange Rate Effect of -$2.0 million for Q1 2026, down 227.26% year-on-year from $1.6 million in Q1 2025, and down 289.7% on a QoQ basis from $1.1 million in Q4 2025.
First Solar (FSLR) has 18 years of Exchange Rate Effect data on file, last reported at -$2.0 million in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 227.26% year-over-year to -$2.0 million; the trailing twelve-month figure through Mar 2026 stood at -$553000.0 (up 80.54% YoY), and the FY2025 full-year result was $3.1 million, up 148.52% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$2.0 million, 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.
- The 5-year median for Exchange Rate Effect is $1.1 million (2025), against an average of $2.8 million.
- The widest annual swing landed in 2022, when Exchange Rate Effect soared 2425.46%; it then plunged 4766.18% in 2023.
- A 5-year view of Exchange Rate Effect shows it stood at $7.6 million in 2022, then dropped by 18.91% to $6.1 million in 2023, then plunged by 158.34% to -$3.6 million in 2024, then surged by 130.09% to $1.1 million in 2025, then tumbled by 289.7% to -$2.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$2.0 million (Q1 2026), $1.1 million (Q4 2025), and -$1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -2.05 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 102.27 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -4.84 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -1.15 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 553,000.00 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | - |
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 |
| Sep 30, 2023 | -3.31 Mn |
| Sep 30, 2023 | -3.31 Mn |
| Jun 30, 2023 | 959,000.00 |
| Jun 30, 2023 | 959,000.00 |
| Mar 31, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | 7.57 Mn |
| Dec 31, 2022 | 7.57 Mn |
| Sep 30, 2022 | -68,000.00 |
| Sep 30, 2022 | -68,000.00 |
| Jun 30, 2022 | 24.77 Mn |
| Jun 30, 2022 | 24.77 Mn |
| Mar 31, 2022 | 15.16 Mn |
| Mar 31, 2022 | 15.16 Mn |
| Dec 31, 2021 | 1.49 Mn |
| Dec 31, 2021 | 1.49 Mn |
| Sep 30, 2021 | 781,000.00 |
| Sep 30, 2021 | 781,000.00 |
| Jun 30, 2021 | 1.56 Mn |
| Jun 30, 2021 | 1.56 Mn |
| Mar 31, 2021 | -652,000.00 |
| Mar 31, 2021 | -652,000.00 |
| Dec 31, 2020 | 2.53 Mn |
| Dec 31, 2020 | 2.53 Mn |
| Sep 30, 2020 | 1.47 Mn |
| Sep 30, 2020 | 1.47 Mn |
| Jun 30, 2020 | 5.55 Mn |
| Jun 30, 2020 | 5.55 Mn |
| Mar 31, 2020 | -5.77 Mn |
| Mar 31, 2020 | -5.77 Mn |
| Dec 31, 2019 | 3.77 Mn |
| Dec 31, 2019 | 3.77 Mn |
| Sep 30, 2019 | -4.71 Mn |
| Sep 30, 2019 | -4.71 Mn |
| Jun 30, 2019 | -1.39 Mn |
| Jun 30, 2019 | -1.39 Mn |
| Mar 31, 2019 | -625,000.00 |
| Mar 31, 2019 | -625,000.00 |
| Dec 31, 2018 | -1.10 Mn |
| Dec 31, 2018 | -1.10 Mn |
| Sep 30, 2018 | 623,000.00 |
| Sep 30, 2018 | 623,000.00 |
| Jun 30, 2018 | -8.00 Mn |
| Jun 30, 2018 | -8.00 Mn |
| Mar 31, 2018 | -5.07 Mn |
| Mar 31, 2018 | -5.07 Mn |
| Dec 31, 2017 | -554,000.00 |
| Dec 31, 2017 | -554,000.00 |
| Sep 30, 2017 | 6.35 Mn |
| Sep 30, 2017 | 6.35 Mn |
| Jun 30, 2017 | 10.38 Mn |
| Jun 30, 2017 | 10.38 Mn |
| Mar 31, 2017 | -7.31 Mn |
| Mar 31, 2017 | -7.31 Mn |
| Dec 31, 2016 | -13.05 Mn |
| Dec 31, 2016 | -13.05 Mn |
| Sep 30, 2016 | 1.47 Mn |
| Sep 30, 2016 | 1.47 Mn |
| Jun 30, 2016 | -1.15 Mn |
| Jun 30, 2016 | -1.15 Mn |
| Mar 31, 2016 | 6.42 Mn |
| Mar 31, 2016 | 6.42 Mn |
| Dec 31, 2015 | -847,000.00 |
| Dec 31, 2015 | -847,000.00 |
| Sep 30, 2015 | -5.74 Mn |
| Sep 30, 2015 | -5.74 Mn |
| Jun 30, 2015 | 1.47 Mn |
| Jun 30, 2015 | 1.47 Mn |
| Mar 31, 2015 | -14.15 Mn |
| Mar 31, 2015 | -14.15 Mn |
| Dec 31, 2014 | -9.15 Mn |
| Dec 31, 2014 | -9.15 Mn |
| Sep 30, 2014 | -12.90 Mn |
| Sep 30, 2014 | -12.90 Mn |
| Jun 30, 2014 | 11,000.00 |
| Jun 30, 2014 | 11,000.00 |
| Mar 31, 2014 | 2.56 Mn |
| Mar 31, 2014 | 2.56 Mn |
| Dec 31, 2013 | 1.30 Mn |
| Dec 31, 2013 | 1.30 Mn |
| Sep 30, 2013 | 3.36 Mn |
| Sep 30, 2013 | 3.36 Mn |
| Jun 30, 2013 | 3.69 Mn |
| Jun 30, 2013 | 3.69 Mn |
| Mar 31, 2013 | -4.75 Mn |
| Mar 31, 2013 | -4.75 Mn |
| Dec 31, 2012 | 3.32 Mn |
| Dec 31, 2012 | 3.32 Mn |
| Sep 30, 2012 | 3.49 Mn |
| Sep 30, 2012 | 3.49 Mn |
| Jun 30, 2012 | -8.04 Mn |
| Jun 30, 2012 | -8.04 Mn |
| Mar 31, 2012 | 7.54 Mn |
| Mar 31, 2012 | 7.54 Mn |
| Dec 31, 2011 | -22.30 Mn |
| Dec 31, 2011 | -22.30 Mn |
| Sep 30, 2011 | -9.55 Mn |
| Sep 30, 2011 | -9.55 Mn |
| Jun 30, 2011 | 1.94 Mn |
| Jun 30, 2011 | 1.94 Mn |
| Mar 31, 2011 | 8.54 Mn |
| Mar 31, 2011 | 8.54 Mn |
| Dec 31, 2010 | -3.30 Mn |
| Dec 31, 2010 | -3.30 Mn |
| Sep 25, 2010 | 18.21 Mn |
| Sep 25, 2010 | 18.21 Mn |
| Jun 26, 2010 | -13.09 Mn |
| Jun 26, 2010 | -13.09 Mn |
| Mar 27, 2010 | -14.48 Mn |
| Mar 27, 2010 | -14.48 Mn |
| Dec 26, 2009 | 507,000.00 |
| Dec 26, 2009 | 507,000.00 |
| Sep 26, 2009 | 2.58 Mn |
| Sep 26, 2009 | 2.58 Mn |
| Jun 27, 2009 | 14.23 Mn |
| Jun 27, 2009 | 14.23 Mn |
| Mar 28, 2009 | -20.51 Mn |
| Mar 28, 2009 | -20.51 Mn |