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| Date | Value |
|---|---|
| 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 |