Growth Metrics

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

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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
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