Growth Metrics

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

First Solar posted quarterly Other Working Capital Changes of $20.5 million for Q1 2026, down 82.16% year-on-year from $114.6 million in Q1 2025, and up 106.01% on a QoQ basis from -$340.1 million in Q4 2025.

First Solar (FSLR) has 13 years of Other Working Capital Changes data on file, last reported at $20.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes fell 82.16% year-over-year to $20.5 million; the trailing twelve-month figure through Mar 2026 stood at -$284.1 million (down 840.62% YoY), and the FY2025 full-year result was -$189.9 million, down 1523.47% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $20.5 million, up from -$340.1 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $195.6 million in Q3 2024 and bottomed at -$340.1 million in Q4 2025.
  • The 5-year median for Other Working Capital Changes is $24.3 million (2022), against an average of -$2.7 million.
  • The widest annual swing landed in 2022, when Other Working Capital Changes soared 1856.23%; it then plunged 1307.99% in 2023.
  • A 5-year view of Other Working Capital Changes shows it stood at $37.9 million in 2022, then plunged by 370.53% to -$102.4 million in 2023, then slumped by 65.74% to -$169.8 million in 2024, then tumbled by 100.3% to -$340.1 million in 2025, then jumped by 106.01% to $20.5 million in 2026.
  • The last three Other Working Capital Changes figures came in at $20.5 million (Q1 2026), -$340.1 million (Q4 2025), and $143.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 20.45 Mn
Mar 31, 2026 20.45 Mn
Dec 31, 2025 -340.08 Mn
Dec 31, 2025 -340.08 Mn
Sep 30, 2025 142.99 Mn
Sep 30, 2025 142.99 Mn
Jun 30, 2025 -107.46 Mn
Jun 30, 2025 -107.46 Mn
Mar 31, 2025 114.63 Mn
Mar 31, 2025 114.63 Mn
Dec 31, 2024 -169.79 Mn
Dec 31, 2024 -169.79 Mn
Sep 30, 2024 195.63 Mn
Sep 30, 2024 195.63 Mn
Jun 30, 2024 -102.11 Mn
Jun 30, 2024 -102.11 Mn
Mar 31, 2024 89.61 Mn
Mar 31, 2024 89.61 Mn
Dec 31, 2023 -102.44 Mn
Dec 31, 2023 -102.44 Mn
Sep 30, 2023 -85.65 Mn
Sep 30, 2023 -85.65 Mn
Jun 30, 2023 151.33 Mn
Jun 30, 2023 151.33 Mn
Mar 31, 2023 60.39 Mn
Mar 31, 2023 60.39 Mn
Dec 31, 2022 37.87 Mn
Dec 31, 2022 37.87 Mn
Sep 30, 2022 -6.08 Mn
Sep 30, 2022 -6.08 Mn
Jun 30, 2022 24.32 Mn
Jun 30, 2022 24.32 Mn
Mar 31, 2022 30.84 Mn
Mar 31, 2022 30.84 Mn
Dec 31, 2021 72.85 Mn
Dec 31, 2021 72.85 Mn
Sep 30, 2021 -46.90 Mn
Sep 30, 2021 -46.90 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
Dec 31, 2020 -148.82 Mn
Dec 31, 2020 -148.82 Mn
Sep 30, 2020 -24.93 Mn
Sep 30, 2020 -24.93 Mn
Jun 30, 2020 -38.46 Mn
Jun 30, 2020 -38.46 Mn
Mar 31, 2020 54.93 Mn
Mar 31, 2020 54.93 Mn
Dec 31, 2019 1.04 Mn
Dec 31, 2019 1.04 Mn
Sep 30, 2019 -35.63 Mn
Sep 30, 2019 -35.63 Mn
Jun 30, 2019 36.31 Mn
Jun 30, 2019 36.31 Mn
Mar 31, 2019 239,000.00
Mar 31, 2019 239,000.00
Dec 31, 2018 -10.57 Mn
Dec 31, 2018 -10.57 Mn
Sep 30, 2018 -14.69 Mn
Sep 30, 2018 -14.69 Mn
Jun 30, 2018 -33.16 Mn
Jun 30, 2018 -33.16 Mn
Mar 31, 2018 60.54 Mn
Mar 31, 2018 60.54 Mn
Dec 31, 2017 9.14 Mn
Dec 31, 2017 9.14 Mn
Sep 30, 2017 -35.85 Mn
Sep 30, 2017 -35.85 Mn
Jun 30, 2017 34.47 Mn
Jun 30, 2017 34.47 Mn
Mar 31, 2017 -34.44 Mn
Mar 31, 2017 -34.44 Mn
Dec 31, 2016 -28.14 Mn
Dec 31, 2016 -28.14 Mn
Sep 30, 2016 38.85 Mn
Sep 30, 2016 38.85 Mn
Jun 30, 2016 -3.56 Mn
Jun 30, 2016 -3.56 Mn
Mar 31, 2016 12.10 Mn
Mar 31, 2016 12.10 Mn
Dec 31, 2015 -36.12 Mn
Dec 31, 2015 -36.12 Mn
Sep 30, 2015 30.17 Mn
Sep 30, 2015 30.17 Mn
Jun 30, 2015 6.77 Mn
Jun 30, 2015 6.77 Mn
Mar 31, 2015 347,000.00
Mar 31, 2015 347,000.00
Dec 31, 2014 9.01 Mn
Dec 31, 2014 9.01 Mn
Sep 30, 2014 -6.21 Mn
Sep 30, 2014 -6.21 Mn
Jun 30, 2014 4.45 Mn
Jun 30, 2014 4.45 Mn
Mar 31, 2014 -1.87 Mn
Mar 31, 2014 -1.87 Mn