First Solar (FSLR) Exchange Rate Effect (2009 - 2026)

First Solar (FSLR) reported Exchange Rate Effect of -$2.0 million for Q1 2026, down 227.26% on a YoY basis from $1.6 million in Q1 2025, and down 289.7% quarter-over-quarter from $1.1 million in Q4 2025.

First Solar (FSLR) Exchange Rate Effect (2009 - 2026) Analysis & Trends

First Solar has reported Exchange Rate Effect for 18 years, with the latest figure 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.
  • The five-year high for Exchange Rate Effect was $24.8 million in Q2 2022, with the low at -$3.7 million in Q2 2024.
  • Historically, Exchange Rate Effect has averaged $2.8 million across 5 years, with a median of $1.1 million in 2025.
  • Annual changes were most pronounced in 2022 — Exchange Rate Effect soared 2425.46% — and 2023, when it slumped 4766.18%.
  • First Solar's Exchange Rate Effect stood at $7.6 million in 2022, then slipped by 18.91% to $6.1 million in 2023, then sank by 158.34% to -$3.6 million in 2024, then jumped by 130.09% to $1.1 million in 2025, then plunged 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 28.68 Bn 26.25 Bn 486.13 Mn -2.05 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -4.84 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -1.15 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 553,000.00
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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