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% YoY from $1.4 billion in Q2 2025, and up 21.55% on a QoQ basis from $815.3 million in Q1 2026.
First Solar (FSLR) Inventory Average (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Inventory Average data on file, last reported at $991.0 million in Q2 2026.
- Quarterly Inventory Average fell 26.6% year-over-year to $991.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $991.0 million (down 26.6% YoY) and the FY2025 annual result came in at $910.6 million, down 4.37% from the prior year.
- Inventory Average rose to $991.0 million in Q2 2026, from $815.3 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $1.4 billion in Q2 2025 to a low of $813.1 million in Q1 2023.
- A 5-year average of $1.0 billion and a median of $995.3 million in 2022 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2024 — Inventory Average soared 37.14% — and 2026, when it tumbled 31.21%.
- Tracing FSLR's Inventory Average over 5 years: stood at $835.8 million in 2022, then gained by 1.85% to $851.3 million in 2023, then surged by 37.14% to $1.2 billion in 2024, then slipped by 21.3% to $918.8 million in 2025, then rose by 7.86% to $991.0 million in 2026.
- The last three Inventory Average figures came in at $991.0 million (Q2 2026), $815.3 million (Q1 2026), and $918.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 991.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 261.95 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 287.86 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 570.12 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 598.32 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 171.86 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 622.77 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.30 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 162.22 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 97.23 Mn |
Historic Data
Download 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 | 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 |