First Solar (FSLR) Payables (2009 - 2026)
First Solar's (FSLR) quarterly Payables came in at $346.3 million in Q2 2026, down 5.8% on a YoY basis from $367.7 million in Q2 2025, and up 12.87% quarter-over-quarter from $306.8 million in Q1 2026.
Analysis
First Solar (FSLR) Payables (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Payables for 18 consecutive years, with $346.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables fell 5.8% year-over-year to $346.3 million; the trailing twelve-month figure through Jun 2026 stood at $346.3 million (down 5.8% YoY), and the FY2025 full-year result was $405.8 million, down 15.85% from the prior year.
- Payables rose to $346.3 million in Q2 2026 per FSLR's latest filing, from $306.8 million in the prior quarter.
- Across five years, Payables topped out at $482.2 million in Q4 2024 and bottomed at $3.8 million in Q1 2022.
- Historically, Payables has averaged $238.5 million across 5 years, with a median of $255.6 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Payables slumped 39.32% in 2023, then jumped 3419.74% in 2024.
- Over 5 years, Payables stood at $341.4 million in 2022, then sank by 39.32% to $207.2 million in 2023, then soared by 132.74% to $482.2 million in 2024, then slipped by 15.85% to $405.8 million in 2025, then retreated by 14.65% to $346.3 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $346.3 million, $306.8 million, and $405.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 460.14 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 127.09 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 4.13 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 161.09 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 3.17 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 88.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 346.33 Mn |
| Mar 31, 2026 | 306.83 Mn |
| Dec 31, 2025 | 405.78 Mn |
| Sep 30, 2025 | 284.54 Mn |
| Jun 30, 2025 | 367.65 Mn |
| Mar 31, 2025 | 427.80 Mn |
| Dec 31, 2024 | 482.19 Mn |
| Sep 30, 2024 | 265.32 Mn |
| Jun 30, 2024 | 230.89 Mn |
| Mar 31, 2024 | 239.24 Mn |
| Dec 31, 2023 | 207.18 Mn |
| Sep 30, 2023 | 110.80 Mn |
| Jun 30, 2023 | 245.83 Mn |
| Mar 31, 2023 | 6.80 Mn |
| Dec 31, 2022 | 341.41 Mn |
| Sep 30, 2022 | 12.89 Mn |
| Jun 30, 2022 | 7.37 Mn |
| Mar 31, 2022 | 3.79 Mn |
| Dec 31, 2021 | 196.92 Mn |
| Sep 30, 2021 | 1.72 Mn |