First Solar (FSLR) Payables (2009 - 2026)

First Solar (FSLR) posted Payables of $306.8 million for Q1 2026, down 24.38% on a QoQ basis from $405.8 million in Q4 2025, and down 28.28% year-over-year from $427.8 million in Q1 2025.

First Solar (FSLR) Payables (2009 - 2026) Analysis & Trends

First Solar's Payables history runs 18 years deep, the most recent figure standing at $306.8 million for Q1 2026.

  • Quarterly Payables fell 28.28% year-over-year to $306.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $306.8 million (down 28.28% YoY) and the FY2025 annual result came in at $405.8 million, down 15.85% from the prior year.
  • Payables was $306.8 million for Q1 2026 at First Solar, down from $405.8 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.
  • A 5-year average of $218.8 million and a median of $239.2 million in 2024 frame the typical range for Payables.
  • Annual changes were most pronounced in 2022 — Payables jumped 9704.99% — and 2023, when it slumped 40.48%.
  • First Solar's Payables stood at $348.1 million in 2022, then slumped by 40.48% 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 fell by 24.38% to $306.8 million in 2026.
  • Business Quant data shows FSLR's Payables at $306.8 million in Q1 2026, $405.8 million in Q4 2025, and $284.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 306.83 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 113.46 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 3.45 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 404.51 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 343.23 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 80.43 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 3.27 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 142.17 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 78.10 Mn

Historic Data

Download Data
DateValue
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 12.88 Mn
Mar 31, 2023 6.80 Mn
Dec 31, 2022 348.08 Mn
Sep 30, 2022 12.89 Mn
Jun 30, 2022 7.37 Mn
Mar 31, 2022 3.79 Mn
Dec 31, 2021 3.55 Mn
Sep 30, 2021 1.72 Mn
Jun 30, 2021 2.85 Mn