First Solar (FSLR) Inventory Average (2009 - 2026)

First Solar (FSLR) posted Inventory Average of $815.3 million for Q1 2026, down 11.26% on a QoQ basis from $918.8 million in Q4 2025, and down 31.21% year-over-year from $1.2 billion in Q1 2025.

First Solar (FSLR) Inventory Average (2009 - 2026) Analysis & Trends

First Solar's Inventory Average history runs 18 years deep, the most recent figure standing at $815.3 million for Q1 2026.

  • Quarterly Inventory Average fell 31.21% year-over-year to $815.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $815.3 million (down 31.21% YoY) and the FY2025 annual result came in at $910.6 million, down 4.37% from the prior year.
  • Inventory Average was $815.3 million for Q1 2026 at First Solar, down from $918.8 million in the prior quarter.
  • Across five years, Inventory Average topped out at $1.4 billion in Q2 2025 and bottomed at $686.4 million in Q1 2023.
  • A 5-year average of $951.9 million and a median of $895.4 million in 2024 frame the typical range for Inventory Average.
  • Annual changes were most pronounced in 2022 — Inventory Average soared 56.09% — and 2026, when it slumped 31.21%.
  • First Solar's Inventory Average stood at $716.0 million in 2022, then rose by 18.9% to $851.3 million in 2023, then jumped by 37.14% to $1.2 billion in 2024, then declined by 21.3% to $918.8 million in 2025, then retreated by 11.26% to $815.3 million in 2026.
  • Business Quant data shows FSLR's Inventory Average at $815.3 million in Q1 2026, $918.8 million in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 815.31 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 268.78 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 289.37 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 2.30 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 574.73 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 495.84 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 124.44 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 622.77 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 159.17 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 97.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 815.31 Mn
Dec 31, 2025 918.79 Mn
Sep 30, 2025 1.26 Bn
Jun 30, 2025 1.35 Bn
Mar 31, 2025 1.19 Bn
Dec 31, 2024 1.17 Bn
Sep 30, 2024 1.14 Bn
Jun 30, 2024 999.37 Mn
Mar 31, 2024 895.39 Mn
Dec 31, 2023 851.34 Mn
Sep 30, 2023 819.48 Mn
Jun 30, 2023 753.79 Mn
Mar 31, 2023 686.39 Mn
Dec 31, 2022 716.02 Mn
Sep 30, 2022 810.56 Mn
Jun 30, 2022 944.53 Mn
Mar 31, 2022 872.45 Mn
Dec 31, 2021 656.87 Mn
Sep 30, 2021 738.61 Mn
Jun 30, 2021 690.02 Mn