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| Date | Value |
|---|---|
| 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 |