First Solar (FSLR) Inventory (2009 - 2026)
First Solar (FSLR) posted Inventory of $1.14 billion for Q3 2026, up 3.4% from $1.1 billion a year earlier and up 4.6% from the prior quarter.
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Analysis
First Solar (FSLR) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar's Inventory came in at $736.73 million, down 32.1% from FY2024.
- Annual Inventory shows a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- In prior years, First Solar's Inventory was $1.08 billion in FY2024 (+32.3%), $819.9 million in FY2023 (+31.9%), $621.38 million in FY2022 (-6.7%) and $666.3 million in FY2021 (+17.4%).
- The Q3 2026 figure stands as the highest quarterly Inventory since Q2 2025.
- On a year-over-year basis, Inventory increased in four of the last eight quarters, with growth averaging 1.0%.
- The strongest year-over-year quarter for Inventory in the past five years was Q1 2022, with growth of 52.8%; the weakest was Q4 2025, with a decline of 32.1%.
- According to Business Quant data, Inventory for the three prior quarters was $1.09 billion (Q2 2026), $893.88 million (Q1 2026) and $736.73 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 220.58 Bn | 171.68 Bn | 3.11 Bn | 13.05 Bn |
| 2 | Bloom Energy | 56.91 Bn | 46.81 Bn | 417.10 Mn | 927.67 Mn |
| 3 | First Solar | 20.56 Bn | 11.92 Bn | 713.06 Mn | 1.14 Bn |
| 4 | Nextpower | 15.90 Bn | 11.61 Bn | 345.32 Mn | 264.14 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 35.97 Mn |
| 6 | Generac Holdings | 11.11 Bn | 9.84 Bn | 516.04 Mn | 1.29 Bn |
| 7 | EnerSys | 5.54 Bn | 3.73 Bn | 313.36 Mn | 738.65 Mn |
| 8 | Mirion Technologies | 4.72 Bn | 3.08 Bn | 131.50 Mn | 158.70 Mn |
| 9 | Enphase Energy | 3.84 Bn | -474.64 Mn | 127.12 Mn | 243.71 Mn |
| 10 | QuantumScape | 2.84 Bn | -715.25 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.14 Bn |
| Jun 30, 2026 | 1.09 Bn |
| 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 |
API Access
First Solar Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();