First Solar (FSLR) Gross Profit (2009 - 2026)
First Solar (FSLR) reported Gross Profit of $486.1 million for Q1 2026, up 41.15% on a YoY basis from $344.4 million in Q1 2025, and down 26.94% quarter-over-quarter from $665.3 million in Q4 2025.
First Solar (FSLR) Gross Profit (2009 - 2026) Analysis & Trends
First Solar has reported Gross Profit for 18 years, with the latest figure at $486.1 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 41.15% year-over-year to $486.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 21.86% YoY), and the FY2025 full-year result was $2.1 billion, up 14.13% from the prior year.
- Gross Profit for Q1 2026 stood at $486.1 million, down from $665.3 million in the prior quarter.
- The five-year high for Gross Profit was $665.3 million in Q4 2025, with the low at -$23.2 million in Q2 2022.
- Historically, Gross Profit has averaged $343.2 million across 5 years, with a median of $376.2 million in 2023.
- Annual changes were most pronounced in 2022 — Gross Profit sank 113.32% — and 2023, when it soared 1692.85%.
- First Solar's Gross Profit stood at $60.6 million in 2022, then surged by 728.26% to $502.0 million in 2023, then advanced by 13.07% to $567.7 million in 2024, then climbed by 17.21% to $665.3 million in 2025, then retreated by 26.94% to $486.1 million in 2026.
- The last three Gross Profit figures came in at $486.1 million (Q1 2026), $665.3 million (Q4 2025), and $610.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 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 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 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 |
| 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 | 486.13 Mn |
| Mar 31, 2026 | 486.13 Mn |
| Dec 31, 2025 | 665.34 Mn |
| Dec 31, 2025 | 665.34 Mn |
| Sep 30, 2025 | 610.75 Mn |
| Sep 30, 2025 | 610.75 Mn |
| Jun 30, 2025 | 499.85 Mn |
| Jun 30, 2025 | 499.85 Mn |
| Mar 31, 2025 | 344.40 Mn |
| Mar 31, 2025 | 344.40 Mn |
| Dec 31, 2024 | 567.66 Mn |
| Dec 31, 2024 | 567.66 Mn |
| Sep 30, 2024 | 445.31 Mn |
| Sep 30, 2024 | 445.31 Mn |
| Jun 30, 2024 | 498.89 Mn |
| Jun 30, 2024 | 498.89 Mn |
| Mar 31, 2024 | 346.00 Mn |
| Mar 31, 2024 | 346.00 Mn |
| Dec 31, 2023 | 502.03 Mn |
| Dec 31, 2023 | 502.03 Mn |