First Solar (FSLR) Inventory Average (2009 - 2026)
First Solar posted quarterly Inventory Average of $815.3 million for Q1 2026, down 31.21% year-on-year from $1.2 billion in Q1 2025, and down 11.26% on a QoQ basis from $918.8 million in Q4 2025.
First Solar (FSLR) has 18 years of Inventory Average data on file, last reported at $815.3 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average fell 31.21% year-over-year to $815.3 million; the trailing twelve-month figure through Mar 2026 stood at $815.3 million (down 31.21% YoY), and the FY2025 full-year result was $910.6 million, down 4.37% from the prior year.
- Inventory Average for Q1 2026 stood at $815.3 million, 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.
- The 5-year median for Inventory Average is $851.3 million (2023), against an average of $937.9 million.
- The widest annual swing landed in 2022, when Inventory Average jumped 43.17%; it then sank 31.21% in 2026.
- A 5-year view of Inventory Average shows it stood at $716.0 million in 2022, then increased by 18.9% to $851.3 million in 2023, then soared by 37.14% to $1.2 billion in 2024, then dropped by 21.3% to $918.8 million in 2025, then fell by 11.26% to $815.3 million in 2026.
- The last three Inventory Average figures came in at $815.3 million (Q1 2026), $918.8 million (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 622.77 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 289.37 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 574.73 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 495.84 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 124.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 159.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.30 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 28.05 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 | 825.61 Mn |
| Mar 31, 2022 | 753.52 Mn |
| Dec 31, 2021 | 656.87 Mn |
| Sep 30, 2021 | 625.25 Mn |
| Jun 30, 2021 | 576.66 Mn |
| Mar 31, 2021 | 558.93 Mn |
| Dec 31, 2020 | 567.69 Mn |
| Sep 30, 2020 | 543.01 Mn |
| Jun 30, 2020 | 499.02 Mn |
| Mar 31, 2020 | 461.65 Mn |
| Dec 31, 2019 | 510.14 Mn |
| Sep 30, 2019 | 581.70 Mn |
| Jun 30, 2019 | 523.05 Mn |
| Mar 31, 2019 | 423.69 Mn |
| Dec 31, 2018 | 341.98 Mn |
| Sep 30, 2018 | 265.12 Mn |
| Jun 30, 2018 | 204.14 Mn |
| Mar 31, 2018 | 173.22 Mn |
| Dec 31, 2017 | 194.96 Mn |
| Sep 30, 2017 | 281.01 Mn |
| Jun 30, 2017 | 388.54 Mn |
| Mar 31, 2017 | 397.91 Mn |
| Dec 31, 2016 | 366.15 Mn |
| Sep 30, 2016 | 376.80 Mn |
| Jun 30, 2016 | 414.14 Mn |
| Mar 31, 2016 | 412.10 Mn |
| Dec 31, 2015 | 379.80 Mn |
| Sep 30, 2015 | 430.58 Mn |
| Jun 30, 2015 | 489.29 Mn |
| Mar 31, 2015 | 500.84 Mn |
| Dec 31, 2014 | 475.14 Mn |
| Sep 30, 2014 | 415.22 Mn |
| Jun 30, 2014 | 386.15 Mn |
| Mar 31, 2014 | 388.00 Mn |
| Dec 31, 2013 | 350.33 Mn |
| Sep 30, 2013 | 322.98 Mn |
| Jun 30, 2013 | 361.39 Mn |
| Mar 31, 2013 | 411.72 Mn |
| Dec 31, 2012 | 486.24 Mn |
| Sep 30, 2012 | 559.15 Mn |
| Jun 30, 2012 | 581.67 Mn |
| Mar 31, 2012 | 295.50 Mn |
| Dec 31, 2011 | 220.64 Mn |
| Sep 30, 2011 | 377.94 Mn |
| Jun 30, 2011 | 297.11 Mn |
| Mar 31, 2011 | 233.54 Mn |
| Dec 31, 2010 | 189.93 Mn |
| Sep 25, 2010 | 189.16 Mn |
| Jun 26, 2010 | 183.21 Mn |
| Mar 27, 2010 | 162.47 Mn |
| Dec 26, 2009 | 165.43 Mn |
| Sep 26, 2009 | 170.27 Mn |