First Solar (FSLR) Interest Expenses (2009 - 2026)
First Solar's (FSLR) quarterly Interest Expenses came in at $5.6 million in Q2 2026, down 39.43% on a YoY basis from $9.2 million in Q2 2025, and down 26.95% quarter-over-quarter from $7.6 million in Q1 2026.
Analysis
First Solar (FSLR) Interest Expenses (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Interest Expenses for 18 consecutive years, with $5.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 39.43% year-over-year to $5.6 million; the trailing twelve-month figure through Jun 2026 stood at $38.6 million (changed 0.01% YoY), and the FY2025 full-year result was $44.1 million, up 13.53% from the prior year.
- Interest Expenses fell to $5.6 million in Q2 2026 per FSLR's latest filing, from $7.6 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.
- Historically, Interest Expenses has averaged $6.7 million across 5 years, with a median of $7.3 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses plunged 73.89% in 2023, then soared 1131.28% in 2024.
- Over 5 years, Interest Expenses stood at $3.1 million in 2022, then surged by 125.6% to $7.1 million in 2023, then surged by 54.03% to $10.9 million in 2024, then increased by 3.8% to $11.3 million in 2025, then slumped by 50.77% to $5.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $5.6 million, $7.6 million, and $11.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.41 Bn | 19.69 Bn | 605.00 Mn | 5.56 Mn |
| 2 | Nextpower | 12.04 Bn | 10.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.71 Bn | 3.77 Bn | 175.01 Mn | 327,000.00 |
| 4 | Solaredge Technologies | 2.16 Bn | 1.58 Bn | 95.15 Mn | 12.38 Mn |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.17 Bn | 1.16 Bn | 49.53 Mn | 3.47 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -63.62 Mn |
| 8 | Array Technologies | 674.55 Mn | 367.25 Mn | 99.60 Mn | 5.79 Mn |
| 9 | JinkoSolar Holding | 616.90 Mn | -2.07 Bn | 75.62 Mn | -56.82 Mn |
| 10 | Toyo | 129.43 Mn | 19.38 Mn | 36.97 Mn | -278,102.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.56 Mn |
| Mar 31, 2026 | 7.62 Mn |
| Dec 31, 2025 | 11.30 Mn |
| Sep 30, 2025 | 14.12 Mn |
| Jun 30, 2025 | 9.18 Mn |
| Mar 31, 2025 | 9.53 Mn |
| Dec 31, 2024 | 10.89 Mn |
| Sep 30, 2024 | 9.01 Mn |
| Jun 30, 2024 | 9.77 Mn |
| Mar 31, 2024 | 9.21 Mn |
| Dec 31, 2023 | 7.07 Mn |
| Sep 30, 2023 | 3.73 Mn |
| Jun 30, 2023 | 1.42 Mn |
| Mar 31, 2023 | 748,000.00 |
| Dec 31, 2022 | 3.13 Mn |
| Sep 30, 2022 | 2.99 Mn |
| Jun 30, 2022 | 3.24 Mn |
| Mar 31, 2022 | 2.87 Mn |
| Dec 31, 2021 | 2.53 Mn |
| Sep 30, 2021 | 2.96 Mn |