First Solar (FSLR) Other Working Capital Changes (2021 - 2022)
First Solar's (FSLR) quarterly Other Working Capital Changes came in at -$117.7 million in Q2 2026, down 23.28% on a YoY basis from -$153.4 million in Q2 2025, and down 208.74% quarter-over-quarter from -$38.1 million in Q1 2026.
Analysis
First Solar (FSLR) Other Working Capital Changes (2021 - 2022) Analysis & Trends
First Solar (FSLR) has reported Other Working Capital Changes for 13 consecutive years, with -$117.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes fell 23.28% year-over-year to -$117.7 million; the trailing twelve-month figure through Jun 2026 stood at -$159.1 million (up 1.06% YoY), and the FY2025 full-year result was -$189.9 million, down 1523.47% from the prior year.
- Other Working Capital Changes eased to -$117.7 million in Q2 2026 per FSLR's latest filing, from -$38.1 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $42.8 million in Q1 2021 and bottomed at $1.2 million in Q2 2021.
- Historically, Other Working Capital Changes has averaged $75.8 million across 5 years, with a median of $55.0 million in 2023.
- The widest YoY moves for Other Working Capital Changes: up 68210.45% in 2025, down 1808.6% in 2025.
- Over 5 years, Other Working Capital Changes stood at $619.1 million in 2022, then tumbled by 49.88% to $310.3 million in 2023, then tumbled by 91.46% to $26.5 million in 2024, then plunged by 1808.6% to -$452.8 million in 2025, then surged by 74.0% to -$117.7 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$117.7 million, -$38.1 million, and -$452.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 3.14 Mn |
| Sep 30, 2022 | 3.14 Mn |
| Jun 30, 2022 | 10.43 Mn |
| Jun 30, 2022 | 10.43 Mn |
| Mar 31, 2022 | 15.04 Mn |
| Mar 31, 2022 | 15.04 Mn |
| Dec 31, 2021 | 9.95 Mn |
| Dec 31, 2021 | 9.95 Mn |
| Sep 30, 2021 | 8.28 Mn |
| Sep 30, 2021 | 8.28 Mn |
| Jun 30, 2021 | 1.24 Mn |
| Jun 30, 2021 | 1.24 Mn |
| Mar 31, 2021 | 42.75 Mn |
| Mar 31, 2021 | 42.75 Mn |