First Solar (FSLR) Other Working Capital Changes (2014 - 2026)

First Solar (FSLR) posted Other Working Capital Changes of $20.5 million for Q1 2026, up 27.7% on a QoQ basis from $16.0 million in Q4 2025, and up 111.31% year-over-year from $9.7 million in Q1 2025.

First Solar (FSLR) Other Working Capital Changes (2014 - 2026) Analysis & Trends

First Solar's Other Working Capital Changes history runs 10 years deep, the most recent figure standing at $20.5 million for Q1 2026.

  • Quarterly Other Working Capital Changes rose 111.31% year-over-year to $20.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.0 million (up 130.79% YoY) and the FY2025 annual result came in at $44.2 million, up 231.53% from the prior year.
  • Other Working Capital Changes was $20.5 million for Q1 2026 at First Solar, up from $16.0 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $376.3 million in Q3 2023 and bottomed at -$340.1 million in Q4 2025.
  • A 5-year average of $4.4 million and a median of $30.8 million in 2022 frame the typical range for Other Working Capital Changes.
  • Annual changes were most pronounced in 2022 — Other Working Capital Changes slumped 355.59% — and 2025, when it soared 1288.94%.
  • First Solar's Other Working Capital Changes stood at $6.0 million in 2022, then surged by 289.29% to $23.2 million in 2023, then plunged by 56.52% to $10.1 million in 2024, then jumped by 58.5% to $16.0 million in 2025, then grew by 27.7% to $20.5 million in 2026.
  • Business Quant data shows FSLR's Other Working Capital Changes at $20.5 million in Q1 2026, $16.0 million in Q4 2025, and $21.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.13 Mn
Mar 31, 2026 -38.13 Mn
Mar 31, 2026 -38.13 Mn
Dec 31, 2025 -340.08 Mn
Dec 31, 2025 -340.08 Mn
Dec 31, 2025 -340.08 Mn
Sep 30, 2025 44.07 Mn
Sep 30, 2025 44.07 Mn
Sep 30, 2025 44.07 Mn
Jun 30, 2025 197.26 Mn
Jun 30, 2025 197.26 Mn
Jun 30, 2025 197.26 Mn
Mar 31, 2025 -91.17 Mn
Mar 31, 2025 -91.17 Mn
Mar 31, 2025 -91.17 Mn
Dec 31, 2024 -182.43 Mn
Dec 31, 2024 -182.43 Mn
Dec 31, 2024 -182.43 Mn
Sep 30, 2024 195.63 Mn
Sep 30, 2024 195.63 Mn