First Solar (FSLR) Invested Capital (2009 - 2026)

First Solar's Invested Capital history runs 15 years deep, the most recent figure standing at $188.6 million for Q1 2026.

• Quarterly Invested Capital fell 4.36% year-over-year to $188.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $926.9 million (up 18.52% YoY) and the FY2025 annual result came in at $216.0 million, down 8.65% from the prior year.
• Invested Capital was $188.6 million for Q1 2026 at First Solar, down from $216.0 million in the prior quarter.
• Across five years, Invested Capital topped out at $272.4 million in Q3 2025 and bottomed at $7.5 million in Q2 2023.
• A 4-year average of $170.7 million and a median of $199.1 million in 2024 frame the typical range for Invested Capital.
• Annual changes were most pronounced in 2024 — Invested Capital surged 1769.0% — and 2025, when it declined 8.65%.
• First Solar's Invested Capital stood at $96.2 million in 2023, then jumped by 145.67% to $236.4 million in 2024, then retreated by 8.65% to $216.0 million in 2025, then declined by 12.68% to $188.6 million in 2026.
• Business Quant data shows FSLR's Invested Capital at $188.6 million in Q1 2026, $216.0 million in Q4 2025, and $272.4 million in Q3 2025.