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| 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 |