First Solar (FSLR) Inventory (2009 - 2026)
First Solar's (FSLR) quarterly Inventory came in at $1.1 billion in Q2 2026, down 23.05% on a YoY basis from $1.4 billion in Q2 2025, and up 21.73% quarter-over-quarter from $893.9 million in Q1 2026.
Analysis
First Solar (FSLR) Inventory (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Inventory for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory fell 23.05% year-over-year to $1.1 billion; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (down 23.05% YoY), and the FY2025 full-year result was $736.7 million, down 32.06% from the prior year.
- Inventory grew to $1.1 billion in Q2 2026 per FSLR's latest filing, from $893.9 million in the prior quarter.
- Across five years, Inventory topped out at $1.4 billion in Q2 2025 and bottomed at $621.4 million in Q4 2022.
- Historically, Inventory has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Inventory jumped 42.79% in 2022, then sank 32.06% in 2025.
- Over 5 years, Inventory stood at $621.4 million in 2022, then surged by 31.95% to $819.9 million in 2023, then soared by 32.26% to $1.1 billion in 2024, then tumbled by 32.06% to $736.7 million in 2025, then jumped by 47.69% to $1.1 billion in 2026.
- According to Business Quant data, Inventory over the past three periods registered $1.1 billion, $893.9 million, and $736.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 1.09 Bn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 261.63 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 285.02 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 599.82 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 228.77 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 184.72 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 1.66 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 156.47 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 2.43 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 132.13 Mn |
Historic Data
Download Data
Historic 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 | 1.00 Bn |
| Dec 31, 2022 | 621.38 Mn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.08 Bn |
| Dec 31, 2021 | 666.30 Mn |
| Sep 30, 2021 | 883.89 Mn |