First Solar FSLR
NASDAQ FSLR
$203.01 -10.24 (-4.80%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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