First Solar (FSLR) Interest Expenses (2009 - 2026)
First Solar posted quarterly Interest Expenses of $7.6 million for Q1 2026, down 20.05% year-on-year from $9.5 million in Q1 2025, and down 32.62% on a QoQ basis from $11.3 million in Q4 2025.
First Solar (FSLR) has 18 years of Interest Expenses data on file, last reported at $7.6 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 20.05% year-over-year to $7.6 million; the trailing twelve-month figure through Mar 2026 stood at $42.2 million (up 7.75% YoY), and the FY2025 full-year result was $44.1 million, up 13.53% from the prior year.
- Interest Expenses for Q1 2026 stood at $7.6 million, down from $11.3 million in the prior quarter.
- Across five years, Interest Expenses topped out at $14.1 million in Q3 2025 and bottomed at $748000.0 in Q1 2023.
- The 5-year median for Interest Expenses is $7.6 million (2026), against an average of $6.8 million.
- The widest annual swing landed in 2023, when Interest Expenses sank 73.89%; it then surged 1131.28% in 2024.
- A 5-year view of Interest Expenses shows it stood at $3.1 million in 2022, then jumped by 125.6% to $7.1 million in 2023, then jumped by 54.03% to $10.9 million in 2024, then grew by 3.8% to $11.3 million in 2025, then tumbled by 32.62% to $7.6 million in 2026.
- The last three Interest Expenses figures came in at $7.6 million (Q1 2026), $11.3 million (Q4 2025), and $14.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.62 Mn |
| Mar 31, 2026 | 7.62 Mn |
| Dec 31, 2025 | 11.30 Mn |
| Dec 31, 2025 | 11.30 Mn |
| Sep 30, 2025 | 14.12 Mn |
| Sep 30, 2025 | 14.12 Mn |
| Jun 30, 2025 | 9.18 Mn |
| Jun 30, 2025 | 9.18 Mn |
| Mar 31, 2025 | 9.53 Mn |
| Mar 31, 2025 | 9.53 Mn |
| Dec 31, 2024 | 10.89 Mn |
| Dec 31, 2024 | 10.89 Mn |
| Sep 30, 2024 | 9.01 Mn |
| Sep 30, 2024 | 9.01 Mn |
| Jun 30, 2024 | 9.77 Mn |
| Jun 30, 2024 | 9.77 Mn |
| Mar 31, 2024 | 9.21 Mn |
| Mar 31, 2024 | 9.21 Mn |
| Dec 31, 2023 | 7.07 Mn |
| Dec 31, 2023 | 7.07 Mn |
| Sep 30, 2023 | 3.73 Mn |
| Sep 30, 2023 | 3.73 Mn |
| Jun 30, 2023 | 1.42 Mn |
| Jun 30, 2023 | 1.42 Mn |
| Mar 31, 2023 | 748,000.00 |
| Mar 31, 2023 | 748,000.00 |
| Dec 31, 2022 | 3.13 Mn |
| Dec 31, 2022 | 3.13 Mn |
| Sep 30, 2022 | 2.99 Mn |
| Sep 30, 2022 | 2.99 Mn |
| Jun 30, 2022 | 3.24 Mn |
| Jun 30, 2022 | 3.24 Mn |
| Mar 31, 2022 | 2.87 Mn |
| Mar 31, 2022 | 2.87 Mn |
| Dec 31, 2021 | 2.53 Mn |
| Dec 31, 2021 | 2.53 Mn |
| Sep 30, 2021 | 2.96 Mn |
| Sep 30, 2021 | 2.96 Mn |
| Jun 30, 2021 | 4.62 Mn |
| Jun 30, 2021 | 4.62 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Dec 31, 2020 | 3.02 Mn |
| Dec 31, 2020 | 3.02 Mn |
| Sep 30, 2020 | 10.98 Mn |
| Sep 30, 2020 | 10.98 Mn |
| Jun 30, 2020 | 3.25 Mn |
| Jun 30, 2020 | 3.25 Mn |
| Mar 31, 2020 | 6.79 Mn |
| Mar 31, 2020 | 6.79 Mn |
| Dec 31, 2019 | 3.05 Mn |
| Dec 31, 2019 | 3.05 Mn |
| Sep 30, 2019 | 4.98 Mn |
| Sep 30, 2019 | 4.98 Mn |
| Jun 30, 2019 | 8.92 Mn |
| Jun 30, 2019 | 8.92 Mn |
| Mar 31, 2019 | 10.12 Mn |
| Mar 31, 2019 | 10.12 Mn |
| Dec 31, 2018 | 11.48 Mn |
| Dec 31, 2018 | 11.48 Mn |
| Sep 30, 2018 | 3.20 Mn |
| Sep 30, 2018 | 3.20 Mn |
| Jun 30, 2018 | 6.07 Mn |
| Jun 30, 2018 | 6.07 Mn |
| Mar 31, 2018 | 5.18 Mn |
| Mar 31, 2018 | 5.18 Mn |
| Dec 31, 2017 | 6.07 Mn |
| Dec 31, 2017 | 6.07 Mn |
| Sep 30, 2017 | 4.15 Mn |
| Sep 30, 2017 | 4.15 Mn |
| Jun 30, 2017 | 6.37 Mn |
| Jun 30, 2017 | 6.37 Mn |
| Mar 31, 2017 | 9.17 Mn |
| Mar 31, 2017 | 9.17 Mn |
| Dec 31, 2016 | 3.18 Mn |
| Dec 31, 2016 | 3.18 Mn |
| Sep 30, 2016 | 5.56 Mn |
| Sep 30, 2016 | 5.56 Mn |
| Jun 30, 2016 | 7.15 Mn |
| Jun 30, 2016 | 7.15 Mn |
| Mar 31, 2016 | 4.64 Mn |
| Mar 31, 2016 | 4.64 Mn |
| Dec 31, 2015 | 4.18 Mn |
| Dec 31, 2015 | 4.18 Mn |
| Sep 30, 2015 | 1.78 Mn |
| Sep 30, 2015 | 1.78 Mn |
| Jun 30, 2015 | 826,000.00 |
| Jun 30, 2015 | 826,000.00 |
| Mar 31, 2015 | 194,000.00 |
| Mar 31, 2015 | 194,000.00 |
| Dec 31, 2014 | 553,000.00 |
| Dec 31, 2014 | 553,000.00 |
| Sep 30, 2014 | 89,000.00 |
| Sep 30, 2014 | 89,000.00 |
| Jun 30, 2014 | 930,000.00 |
| Jun 30, 2014 | 930,000.00 |
| Mar 31, 2014 | 410,000.00 |
| Mar 31, 2014 | 410,000.00 |
| Dec 31, 2013 | -16,000.00 |
| Dec 31, 2013 | -16,000.00 |
| Sep 30, 2013 | 275,000.00 |
| Sep 30, 2013 | 275,000.00 |
| Jun 30, 2013 | 875,000.00 |
| Jun 30, 2013 | 875,000.00 |
| Mar 31, 2013 | 750,000.00 |
| Mar 31, 2013 | 750,000.00 |
| Dec 31, 2012 | 2.69 Mn |
| Dec 31, 2012 | 2.69 Mn |
| Sep 30, 2012 | 2.90 Mn |
| Sep 30, 2012 | 2.90 Mn |
| Jun 30, 2012 | 7.37 Mn |
| Jun 30, 2012 | 7.37 Mn |
| Mar 31, 2012 | 920,000.00 |
| Mar 31, 2012 | 920,000.00 |
| Dec 31, 2011 | 100,000.00 |
| Dec 31, 2011 | 100,000.00 |
| Jun 26, 2010 | 6,000.00 |
| Jun 26, 2010 | 6,000.00 |
| Dec 26, 2009 | 407,000.00 |
| Dec 26, 2009 | 407,000.00 |
| Sep 26, 2009 | 89,000.00 |
| Sep 26, 2009 | 89,000.00 |
| Jun 27, 2009 | 3.83 Mn |
| Jun 27, 2009 | 3.83 Mn |
| Mar 28, 2009 | 935,000.00 |
| Mar 28, 2009 | 935,000.00 |