First Solar (FSLR) Inventory (2009 - 2026)
First Solar posted quarterly Inventory of $893.9 million for Q1 2026, down 30.5% year-on-year from $1.3 billion in Q1 2025, and up 21.33% on a QoQ basis from $736.7 million in Q4 2025.
First Solar (FSLR) has 18 years of Inventory data on file, last reported 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.
- Across five years, Inventory topped out at $1.4 billion in Q2 2025 and bottomed at $621.4 million in Q4 2022.
- The 5-year median for Inventory is $882.8 million (2023), against an average of $944.6 million.
- The widest annual swing landed in 2022, when Inventory soared 52.79%; it then slumped 32.06% in 2025.
- A 5-year view of Inventory shows it stood at $621.4 million in 2022, then jumped by 31.95% to $819.9 million in 2023, then surged by 32.26% to $1.1 billion in 2024, then plunged by 32.06% to $736.7 million in 2025, then climbed 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.13 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 290.70 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 596.82 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 490.39 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 158.99 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 167.97 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.57 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 24.81 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 |
| Mar 31, 2021 | 550.27 Mn |
| Dec 31, 2020 | 567.59 Mn |
| Sep 30, 2020 | 567.79 Mn |
| Jun 30, 2020 | 518.24 Mn |
| Mar 31, 2020 | 479.79 Mn |
| Dec 31, 2019 | 443.51 Mn |
| Sep 30, 2019 | 576.77 Mn |
| Jun 30, 2019 | 586.62 Mn |
| Mar 31, 2019 | 459.47 Mn |
| Dec 31, 2018 | 387.91 Mn |
| Sep 30, 2018 | 296.04 Mn |
| Jun 30, 2018 | 234.20 Mn |
| Mar 31, 2018 | 174.07 Mn |
| Dec 31, 2017 | 172.37 Mn |
| Sep 30, 2017 | 217.56 Mn |
| Jun 30, 2017 | 344.47 Mn |
| Mar 31, 2017 | 432.60 Mn |
| Dec 31, 2016 | 363.22 Mn |
| Sep 30, 2016 | 369.09 Mn |
| Jun 30, 2016 | 384.50 Mn |
| Mar 31, 2016 | 443.78 Mn |
| Dec 31, 2015 | 380.42 Mn |
| Sep 30, 2015 | 379.18 Mn |
| Jun 30, 2015 | 481.98 Mn |
| Mar 31, 2015 | 496.60 Mn |
| Dec 31, 2014 | 505.09 Mn |
| Sep 30, 2014 | 445.20 Mn |
| Jun 30, 2014 | 385.25 Mn |
| Mar 31, 2014 | 387.05 Mn |
| Dec 31, 2013 | 388.95 Mn |
| Sep 30, 2013 | 311.70 Mn |
| Jun 30, 2013 | 334.26 Mn |
| Mar 31, 2013 | 388.51 Mn |
| Dec 31, 2012 | 434.92 Mn |
| Sep 30, 2012 | 537.57 Mn |
| Jun 30, 2012 | 580.74 Mn |
| Mar 31, 2012 | 582.61 Mn |
| Dec 31, 2011 | 8.40 Mn |
| Sep 30, 2011 | 432.89 Mn |
| Jun 30, 2011 | 323.00 Mn |
| Mar 31, 2011 | 271.22 Mn |
| Dec 31, 2010 | 195.86 Mn |
| Sep 25, 2010 | 184.01 Mn |
| Jun 26, 2010 | 194.31 Mn |
| Mar 27, 2010 | 172.12 Mn |
| Dec 26, 2009 | 152.82 Mn |
| Sep 26, 2009 | 178.03 Mn |
| Jun 27, 2009 | 162.50 Mn |