First Solar (FSLR) Interest Expenses (2009 - 2026)
First Solar (FSLR) posted Interest Expenses of $56.3 million for Q1 2026, up 3079.27% on a QoQ basis from $1.8 million in Q4 2025, and down 7.24% year-over-year from $60.7 million in Q1 2025.
First Solar (FSLR) Interest Expenses (2009 - 2026) Analysis & Trends
First Solar's Interest Expenses history runs 18 years deep, the most recent figure standing at $56.3 million for Q1 2026.
- Quarterly Interest Expenses fell 7.24% year-over-year to $56.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $56.3 million (down 7.24% YoY) and the FY2025 annual result came in at $59.3 million, down 64.69% from the prior year.
- Interest Expenses was $56.3 million for Q1 2026 at First Solar, up from $1.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $152.4 million in Q3 2025 and bottomed at $1.8 million in Q4 2025.
- A 5-year average of $30.7 million and a median of $11.0 million in 2022 frame the typical range for Interest Expenses.
- Peak annual rise in Interest Expenses reached 558.65% in 2025, while the deepest fall reached 78.46% in 2025.
- First Solar's Interest Expenses stood at $3.5 million in 2022, then soared by 85.77% to $6.5 million in 2023, then rose by 26.67% to $8.2 million in 2024, then tumbled by 78.46% to $1.8 million in 2025, then jumped by 3079.27% to $56.3 million in 2026.
- Business Quant data shows FSLR's Interest Expenses at $56.3 million in Q1 2026, $1.8 million in Q4 2025, and $152.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 56.27 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 26.55 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 28.41 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 83.69 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 210.73 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -48.46 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.38 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -785,260.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.27 Mn |
| Mar 31, 2026 | 56.27 Mn |
| Dec 31, 2025 | 1.77 Mn |
| Dec 31, 2025 | 1.77 Mn |
| Sep 30, 2025 | 152.36 Mn |
| Sep 30, 2025 | 152.36 Mn |
| Jun 30, 2025 | 60.17 Mn |
| Jun 30, 2025 | 60.17 Mn |
| Mar 31, 2025 | 60.66 Mn |
| Mar 31, 2025 | 60.66 Mn |
| Dec 31, 2024 | 8.22 Mn |
| Dec 31, 2024 | 8.22 Mn |
| Sep 30, 2024 | 54.25 Mn |
| Sep 30, 2024 | 54.25 Mn |
| Jun 30, 2024 | 47.00 Mn |
| Jun 30, 2024 | 47.00 Mn |
| Mar 31, 2024 | 9.21 Mn |
| Mar 31, 2024 | 9.21 Mn |
| Dec 31, 2023 | 6.49 Mn |
| Dec 31, 2023 | 6.49 Mn |