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