First Solar (FSLR) Inventory (2009 - 2026)
First Solar's (FSLR) quarterly Inventory came in at $1.1 billion in Q2 2026, down 23.05% YoY from $1.4 billion in Q2 2025, and up 21.73% on a QoQ basis from $893.9 million in Q1 2026.
First Solar (FSLR) Inventory (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Inventory data on file, last reported at $1.1 billion in Q2 2026.
- Quarterly Inventory fell 23.05% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (down 23.05% YoY) and the FY2025 annual result came in at $736.7 million, down 32.06% from the prior year.
- Inventory climbed to $1.1 billion in Q2 2026, from $893.9 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $1.4 billion in Q2 2025 to a low of $621.4 million in Q4 2022.
- A 5-year average of $1.0 billion and a median of $1.0 billion in 2022 frame the typical range for Inventory.
- Annual changes were most pronounced in 2022 — Inventory soared 42.79% — and 2025, when it plunged 32.06%.
- Tracing FSLR's Inventory over 5 years: 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 surged by 47.69% to $1.1 billion in 2026.
- The last three Inventory figures came in at $1.1 billion (Q2 2026), $893.9 million (Q1 2026), and $736.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.09 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 261.63 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 285.02 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 649.85 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 599.82 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 184.72 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.13 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.57 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 156.47 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 114.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.08 Bn |
| Dec 31, 2021 | 666.30 Mn |
| Sep 30, 2021 | 647.44 Mn |