First Solar FSLR
NASDAQ FSLR
$207.17 +4.07 (+2.00%)
As of: Sep 10, 2026 · 3:59 PM EDT

First Solar (FSLR) Operating Expenses (2009 - 2026)

First Solar's (FSLR) quarterly Operating Expenses came in at $154.6 million in Q2 2026, up 11.85% on a YoY basis from $138.2 million in Q2 2025, and up 9.79% quarter-over-quarter from $140.8 million in Q1 2026.

Analysis

First Solar (FSLR) Operating Expenses (2009 - 2026) Analysis & Trends

First Solar (FSLR) has reported Operating Expenses for 18 consecutive years, with $154.6 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 11.85% year-over-year to $154.6 million; the trailing twelve-month figure through Jun 2026 stood at $557.5 million (up 12.49% YoY), and the FY2025 full-year result was $523.5 million, up 12.68% from the prior year.
  • Operating Expenses rose to $154.6 million in Q2 2026 per FSLR's latest filing, from $140.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $154.6 million in Q2 2026 and bottomed at $71.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $115.8 million across 5 years, with a median of $114.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses retreated 14.57% in 2022, then jumped 83.62% in 2023.
  • Over 5 years, Operating Expenses stood at $106.8 million in 2022, then advanced by 3.79% to $110.8 million in 2023, then grew by 0.08% to $110.9 million in 2024, then climbed by 5.89% to $117.4 million in 2025, then jumped by 31.68% to $154.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $154.6 million, $140.8 million, and $117.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 154.62 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 144.95 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 123.50 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 111.20 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 71.88 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 30.80 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 239.53 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 64.84 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -287.32 Mn
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -14.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 154.62 Mn
Mar 31, 2026 140.83 Mn
Dec 31, 2025 117.42 Mn
Sep 30, 2025 144.65 Mn
Jun 30, 2025 138.24 Mn
Mar 31, 2025 123.16 Mn
Dec 31, 2024 110.89 Mn
Sep 30, 2024 123.31 Mn
Jun 30, 2024 126.38 Mn
Mar 31, 2024 103.98 Mn
Dec 31, 2023 110.80 Mn
Sep 30, 2023 103.42 Mn
Jun 30, 2023 142.04 Mn
Mar 31, 2023 94.03 Mn
Dec 31, 2022 106.76 Mn
Sep 30, 2022 95.32 Mn
Jun 30, 2022 77.35 Mn
Mar 31, 2022 71.17 Mn
Dec 31, 2021 73.33 Mn
Sep 30, 2021 71.85 Mn