First Solar (FSLR) Interest Expenses (2009 - 2026)

First Solar (FSLR) reported Interest Expenses of $7.6 million for Q1 2026, down 20.05% on a YoY basis from $9.5 million in Q1 2025, and down 32.62% quarter-over-quarter from $11.3 million in Q4 2025.

First Solar (FSLR) Interest Expenses (2009 - 2026) Analysis & Trends

First Solar has reported Interest Expenses for 18 years, with the latest figure 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.
  • The five-year high for Interest Expenses was $14.1 million in Q3 2025, with the low at $748000.0 in Q1 2023.
  • Historically, Interest Expenses has averaged $6.8 million across 5 years, with a median of $7.6 million in 2026.
  • Annual changes were most pronounced in 2023 — Interest Expenses tumbled 73.89% — and 2024, when it surged 1131.28%.
  • First Solar's Interest Expenses stood at $3.1 million in 2022, then soared by 125.6% to $7.1 million in 2023, then soared by 54.03% to $10.9 million in 2024, then climbed by 3.8% to $11.3 million in 2025, then plunged 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) Interest Expense (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 7.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 633,000.00
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 2.90 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 5.56 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 1,000.00
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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