First Solar FSLR
NASDAQ FSLR
$208.01 +4.91 (+2.42%)
As of: Sep 10, 2026 · 12:34 PM EDT

First Solar (FSLR) Operating Leases (2020 - 2023)

First Solar's (FSLR) quarterly Operating Leases came in at $47.8 million in Q1 2023, down 67.97% on a YoY basis from $149.4 million in Q1 2022, and down 10.69% quarter-over-quarter from $53.6 million in Q3 2022.

Analysis

First Solar (FSLR) Operating Leases (2020 - 2023) Analysis & Trends

First Solar (FSLR) has reported Operating Leases for 4 consecutive years, with $47.8 million the latest figure, recorded in Q1 2023.

  • For the quarter ending Q1 2023, Operating Leases fell 67.97% year-over-year to $47.8 million; the trailing twelve-month figure through Mar 2023 stood at $47.8 million (down 67.97% YoY), and the FY2021 full-year result was $145.9 million, changed N/A from the prior year.
  • Operating Leases declined to $47.8 million in Q1 2023 per FSLR's latest filing, from $53.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $211.3 million in Q2 2020 and bottomed at $47.8 million in Q1 2023.
  • Historically, Operating Leases has averaged $143.1 million across 4 years, with a median of $149.4 million in 2022.
  • The sharpest annual moves came in 2021 and 2022: Operating Leases soared 43.48% in 2021, then tumbled 71.39% in 2022.
  • Over 4 years, Operating Leases stood at $199.4 million in 2020, then slipped by 26.82% to $145.9 million in 2021, then sank by 63.29% to $53.6 million in 2022, then decreased by 10.69% to $47.8 million in 2023.
  • According to Business Quant data, Operating Leases over the past three periods registered $47.8 million, $53.6 million, and $57.2 million for Q1 2023, Q3 2022, and Q2 2022 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.36 Bn 20.63 Bn 605.00 Mn
2 Nextpower 12.26 Bn 11.04 Bn 335.85 Mn
3 Enphase Energy 4.84 Bn 3.91 Bn 175.01 Mn
4 Solaredge Technologies 2.03 Bn 1.45 Bn 95.15 Mn
5 T1 Energy 1.31 Bn 1.10 Bn 49.10 Mn
6 Shoals Technologies 1.17 Bn 1.15 Bn 49.53 Mn
7 Canadian Solar 879.50 Mn -587.01 Mn 168.48 Mn
8 Array Technologies 696.24 Mn 388.94 Mn 99.60 Mn
9 JinkoSolar Holding 614.03 Mn -2.07 Bn 75.62 Mn
10 Toyo 132.44 Mn 22.39 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 47.84 Mn
Sep 30, 2022 53.56 Mn
Jun 30, 2022 57.19 Mn
Mar 31, 2022 149.36 Mn
Dec 31, 2021 145.91 Mn
Sep 30, 2021 187.19 Mn
Jun 30, 2021 188.98 Mn
Mar 31, 2021 196.68 Mn
Sep 30, 2020 199.39 Mn
Jun 30, 2020 211.33 Mn
Mar 31, 2020 137.08 Mn