Growth Metrics

First Solar (FSLR) Non-Current Debt (2009 - 2026)

First Solar posted quarterly Non-Current Debt of $237.2 million for Q1 2026, down 27.68% year-on-year from $327.9 million in Q1 2025, and down 16.07% on a QoQ basis from $282.6 million in Q4 2025.

First Solar (FSLR) has 18 years of Non-Current Debt data on file, last reported at $237.2 million 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 for Q1 2026 stood at $237.2 million, down 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.
  • The 5-year median for Non-Current Debt is $373.3 million (2024), against an average of $353.2 million.
  • The widest annual swing landed in 2023, when Non-Current Debt surged 151.73%; it then decreased 27.68% in 2026.
  • A 5-year view of Non-Current Debt shows it stood at $184.3 million in 2022, then soared by 151.73% to $464.1 million in 2023, then declined by 19.55% to $373.4 million in 2024, then slipped by 24.31% to $282.6 million in 2025, then dropped by 16.07% to $237.2 million in 2026.
  • The last three Non-Current Debt figures came in at $237.2 million (Q1 2026), $282.6 million (Q4 2025), and $282.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 237.18 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2.96 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 152.20 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 656.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.76 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Mar 31, 2026 237.18 Mn
Mar 31, 2026 237.18 Mn
Dec 31, 2025 282.59 Mn
Dec 31, 2025 282.59 Mn
Sep 30, 2025 282.57 Mn
Sep 30, 2025 282.57 Mn
Jun 30, 2025 327.97 Mn
Jun 30, 2025 327.97 Mn
Mar 31, 2025 327.94 Mn
Mar 31, 2025 327.94 Mn
Dec 31, 2024 373.35 Mn
Dec 31, 2024 373.35 Mn
Sep 30, 2024 373.32 Mn
Sep 30, 2024 373.32 Mn
Jun 30, 2024 418.73 Mn
Jun 30, 2024 418.73 Mn
Mar 31, 2024 418.70 Mn
Mar 31, 2024 418.70 Mn
Dec 31, 2023 464.07 Mn
Dec 31, 2023 464.07 Mn
Sep 30, 2023 464.04 Mn
Sep 30, 2023 464.04 Mn
Jun 30, 2023 437.41 Mn
Jun 30, 2023 437.41 Mn
Dec 31, 2022 184.35 Mn
Dec 31, 2022 184.35 Mn
Dec 31, 2021 236.01 Mn
Dec 31, 2021 236.01 Mn
Dec 31, 2020 237.69 Mn
Dec 31, 2020 237.69 Mn
Dec 31, 2019 454.19 Mn
Dec 31, 2019 454.19 Mn
Dec 31, 2018 461.22 Mn
Dec 31, 2018 461.22 Mn
Sep 30, 2018 463.49 Mn
Sep 30, 2018 463.49 Mn
Jun 30, 2018 448.55 Mn
Jun 30, 2018 448.55 Mn
Mar 31, 2018 431.82 Mn
Mar 31, 2018 431.82 Mn
Dec 31, 2017 380.47 Mn
Dec 31, 2017 380.47 Mn
Sep 30, 2017 330.21 Mn
Sep 30, 2017 330.21 Mn
Jun 30, 2017 307.46 Mn
Jun 30, 2017 307.46 Mn
Mar 31, 2017 265.82 Mn
Mar 31, 2017 265.82 Mn
Dec 31, 2016 160.42 Mn
Dec 31, 2016 160.42 Mn
Sep 30, 2016 161.13 Mn
Sep 30, 2016 161.13 Mn
Jun 30, 2016 161.84 Mn
Jun 30, 2016 161.84 Mn
Mar 31, 2016 205.26 Mn
Mar 31, 2016 205.26 Mn
Dec 31, 2015 251.33 Mn
Dec 31, 2015 251.33 Mn
Sep 30, 2015 246.81 Mn
Sep 30, 2015 246.81 Mn
Jun 30, 2015 257.79 Mn
Jun 30, 2015 257.79 Mn
Mar 31, 2015 200.39 Mn
Mar 31, 2015 200.39 Mn
Dec 31, 2014 162.07 Mn
Dec 31, 2014 162.07 Mn
Sep 30, 2014 163.65 Mn
Sep 30, 2014 163.65 Mn
Jun 30, 2014 133.84 Mn
Jun 30, 2014 133.84 Mn
Mar 31, 2014 138.23 Mn
Mar 31, 2014 138.23 Mn
Dec 31, 2013 162.78 Mn
Dec 31, 2013 162.78 Mn
Sep 30, 2013 168.89 Mn
Sep 30, 2013 168.89 Mn
Jun 30, 2013 194.57 Mn
Jun 30, 2013 194.57 Mn
Mar 31, 2013 501.11 Mn
Mar 31, 2013 501.11 Mn
Dec 31, 2012 500.22 Mn
Dec 31, 2012 500.22 Mn
Sep 30, 2012 468.29 Mn
Sep 30, 2012 468.29 Mn
Jun 30, 2012 471.08 Mn
Jun 30, 2012 471.08 Mn
Mar 31, 2012 806.07 Mn
Mar 31, 2012 806.07 Mn
Dec 31, 2011 619.14 Mn
Dec 31, 2011 619.14 Mn
Sep 30, 2011 582.74 Mn
Sep 30, 2011 582.74 Mn
Jun 30, 2011 332.49 Mn
Jun 30, 2011 332.49 Mn
Mar 31, 2011 103.53 Mn
Mar 31, 2011 103.53 Mn
Dec 31, 2010 210.80 Mn
Dec 31, 2010 210.80 Mn
Sep 25, 2010 223.76 Mn
Sep 25, 2010 223.76 Mn
Jun 26, 2010 114.17 Mn
Jun 26, 2010 114.17 Mn
Mar 27, 2010 136.13 Mn
Mar 27, 2010 136.13 Mn
Dec 26, 2009 146.40 Mn
Dec 26, 2009 146.40 Mn
Sep 26, 2009 163.32 Mn
Sep 26, 2009 163.32 Mn
Jun 27, 2009 156.94 Mn
Jun 27, 2009 156.94 Mn