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| Date | Value |
|---|---|
| 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 |