Growth Metrics

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 🔒
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 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