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| 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 |