First Solar (FSLR) Inventory Average (2009 - 2026)
First Solar's (FSLR) quarterly Inventory Average came in at $991.0 million in Q2 2026, down 26.6% on a YoY basis from $1.4 billion in Q2 2025, and up 21.55% quarter-over-quarter from $815.3 million in Q1 2026.
Analysis
First Solar (FSLR) Inventory Average (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Inventory Average for 18 consecutive years, with $991.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average fell 26.6% year-over-year to $991.0 million; the trailing twelve-month figure through Jun 2026 stood at $991.0 million (down 26.6% YoY), and the FY2025 full-year result was $910.6 million, down 4.37% from the prior year.
- Inventory Average climbed to $991.0 million in Q2 2026 per FSLR's latest filing, from $815.3 million in the prior quarter.
- Across five years, Inventory Average topped out at $1.4 billion in Q2 2025 and bottomed at $813.1 million in Q1 2023.
- Historically, Inventory Average has averaged $994.8 million across 5 years, with a median of $954.9 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Inventory Average jumped 39.02% in 2024, then plunged 31.21% in 2026.
- Over 5 years, Inventory Average stood at $835.8 million in 2022, then climbed by 1.85% 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 advanced by 7.86% to $991.0 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $991.0 million, $815.3 million, and $918.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 991.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 261.95 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 287.86 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 598.32 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 178.86 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 171.86 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 1.59 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 162.22 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 2.50 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 123.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 991.00 Mn |
| 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 | 880.47 Mn |
| Mar 31, 2023 | 813.07 Mn |
| Dec 31, 2022 | 835.84 Mn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 872.45 Mn |
| Dec 31, 2021 | 775.09 Mn |
| Sep 30, 2021 | 856.83 Mn |