First Solar (FSLR) Non-Current Debt (2009 - 2026)
First Solar's (FSLR) quarterly Non-Current Debt came in at $237.2 million in Q1 2026, down 27.68% on a YoY basis from $327.9 million in Q1 2025, and down 16.07% quarter-over-quarter from $282.6 million in Q4 2025.
Analysis
First Solar (FSLR) Non-Current Debt (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Non-Current Debt for 18 consecutive years, with $237.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Debt fell 27.68% year-over-year to $237.2 million; the trailing twelve-month figure through Mar 2026 stood at $237.2 million (down 27.68% YoY), and the FY2025 full-year result was $282.6 million, down 24.31% from the prior year.
- Non-Current Debt slipped to $237.2 million in Q1 2026 per FSLR's latest filing, from $282.6 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $464.1 million in Q4 2023 and bottomed at $184.3 million in Q4 2022.
- Historically, Non-Current Debt has averaged $353.3 million across 5 years, with a median of $373.3 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Non-Current Debt soared 151.73% in 2023, then slipped 27.68% in 2026.
- Over 5 years, Non-Current Debt stood at $184.3 million in 2022, then jumped by 151.73% to $464.1 million in 2023, then fell by 19.55% to $373.4 million in 2024, then dropped by 24.31% to $282.6 million in 2025, then declined by 16.07% to $237.2 million in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $237.2 million, $282.6 million, and $282.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | - |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 549.95 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 3.29 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 657.75 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 2.23 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 237.18 Mn |
| Dec 31, 2025 | 282.59 Mn |
| Sep 30, 2025 | 282.57 Mn |
| Jun 30, 2025 | 327.97 Mn |
| Mar 31, 2025 | 327.94 Mn |
| Dec 31, 2024 | 373.35 Mn |
| Sep 30, 2024 | 373.32 Mn |
| Jun 30, 2024 | 418.73 Mn |
| Mar 31, 2024 | 418.70 Mn |
| Dec 31, 2023 | 464.07 Mn |
| Sep 30, 2023 | 464.04 Mn |
| Jun 30, 2023 | 438.00 Mn |
| Dec 31, 2022 | 184.35 Mn |
| Dec 31, 2021 | 236.01 Mn |
| Dec 31, 2020 | 237.69 Mn |
| Dec 31, 2019 | 454.19 Mn |
| Sep 30, 2019 | 490.86 Mn |
| Jun 30, 2019 | 492.25 Mn |
| Mar 31, 2019 | 582.70 Mn |
| Dec 31, 2018 | 461.22 Mn |