First Solar (FSLR) Inventory (2009 - 2026)

First Solar (FSLR) reported Inventory of $893.9 million for Q1 2026, down 30.5% on a YoY basis from $1.3 billion in Q1 2025, and up 21.33% quarter-over-quarter from $736.7 million in Q4 2025.

First Solar (FSLR) Inventory (2009 - 2026) Analysis & Trends

First Solar has reported Inventory for 18 years, with the latest figure at $893.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Inventory fell 30.5% year-over-year to $893.9 million; the trailing twelve-month figure through Mar 2026 stood at $893.9 million (down 30.5% YoY), and the FY2025 full-year result was $736.7 million, down 32.06% from the prior year.
  • Inventory for Q1 2026 stood at $893.9 million, up from $736.7 million in the prior quarter.
  • The five-year high for Inventory was $1.4 billion in Q2 2025, with the low at $621.4 million in Q4 2022.
  • Historically, Inventory has averaged $944.6 million across 5 years, with a median of $882.8 million in 2023.
  • Annual changes were most pronounced in 2022 — Inventory soared 52.79% — and 2025, when it plunged 32.06%.
  • First Solar's Inventory stood at $621.4 million in 2022, then soared by 31.95% to $819.9 million in 2023, then jumped by 32.26% to $1.1 billion in 2024, then sank by 32.06% to $736.7 million in 2025, then advanced by 21.33% to $893.9 million in 2026.
  • The last three Inventory figures came in at $893.9 million (Q1 2026), $736.7 million (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 893.88 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 262.28 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 290.70 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 596.82 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 490.39 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 158.99 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 167.97 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.57 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 24.81 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 4.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 893.88 Mn
Dec 31, 2025 736.73 Mn
Sep 30, 2025 1.10 Bn
Jun 30, 2025 1.41 Bn
Mar 31, 2025 1.29 Bn
Dec 31, 2024 1.08 Bn
Sep 30, 2024 1.25 Bn
Jun 30, 2024 1.03 Bn
Mar 31, 2024 970.87 Mn
Dec 31, 2023 819.90 Mn
Sep 30, 2023 882.79 Mn
Jun 30, 2023 756.17 Mn
Mar 31, 2023 751.41 Mn
Dec 31, 2022 621.38 Mn
Sep 30, 2022 810.66 Mn
Jun 30, 2022 810.46 Mn
Mar 31, 2022 840.75 Mn
Dec 31, 2021 666.30 Mn
Sep 30, 2021 647.44 Mn
Jun 30, 2021 603.06 Mn