First Solar (FSLR) Property, Plant & Equipment (Net) (2009 - 2026)
First Solar's Property, Plant & Equipment (Net) came in at $5.63 billion for Q3 2026, down 2.2% from $5.76 billion a year earlier and down 0.2% from the prior quarter.
Powered by 
Analysis
First Solar (FSLR) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar's Property, Plant & Equipment (Net) was $5.68 billion, up 4.8% from FY2024.
- Property, Plant & Equipment (Net) has increased in each of the last nine years, with a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $5.41 billion in FY2024 (+23.1%), $4.4 billion in FY2023 (+24.3%), $3.54 billion in FY2022 (+33.5%) and $2.65 billion in FY2021 (+10.3%).
- The Q3 2026 figure represents the lowest quarterly Property, Plant & Equipment (Net) since Q4 2024.
- Year-over-year, Property, Plant & Equipment (Net) increased in six of the last eight quarters, with growth averaging 7.4%.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q1 2023 (growth of 38.5%), and the weakest in Q3 2026 (a decline of 2.2%).
- Business Quant data shows FSLR's Property, Plant & Equipment (Net) at $5.64 billion (Q2 2026), $5.67 billion (Q1 2026) and $5.68 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 206.05 Bn | 157.15 Bn | 3.11 Bn | 7.82 Bn |
| 2 | Bloom Energy | 51.10 Bn | 41.00 Bn | 417.10 Mn | 539.73 Mn |
| 3 | First Solar | 21.63 Bn | 12.99 Bn | 713.06 Mn | 5.63 Bn |
| 4 | Nextpower | 15.87 Bn | 11.57 Bn | 345.32 Mn | 108.64 Mn |
| 5 | BWX Technologies | 10.96 Bn | 8.77 Bn | 227.14 Mn | 1.27 Bn |
| 6 | Generac Holdings | 10.36 Bn | 9.10 Bn | 516.04 Mn | 874.16 Mn |
| 7 | EnerSys | 5.36 Bn | 3.55 Bn | 313.36 Mn | 572.41 Mn |
| 8 | Mirion Technologies | 4.35 Bn | 2.71 Bn | 131.50 Mn | 156.70 Mn |
| 9 | Enphase Energy | 3.78 Bn | -535.47 Mn | 127.12 Mn | 133.72 Mn |
| 10 | QuantumScape | 2.65 Bn | -899.55 Mn | - | 218.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.63 Bn |
| Jun 30, 2026 | 5.64 Bn |
| Mar 31, 2026 | 5.67 Bn |
| Dec 31, 2025 | 5.68 Bn |
| Sep 30, 2025 | 5.76 Bn |
| Jun 30, 2025 | 5.72 Bn |
| Mar 31, 2025 | 5.64 Bn |
| Dec 31, 2024 | 5.41 Bn |
| Sep 30, 2024 | 5.33 Bn |
| Jun 30, 2024 | 5.14 Bn |
| Mar 31, 2024 | 4.92 Bn |
| Dec 31, 2023 | 4.40 Bn |
| Sep 30, 2023 | 4.07 Bn |
| Jun 30, 2023 | 4.02 Bn |
| Mar 31, 2023 | 3.86 Bn |
| Dec 31, 2022 | 3.54 Bn |
| Sep 30, 2022 | 3.12 Bn |
| Jun 30, 2022 | 2.99 Bn |
| Mar 31, 2022 | 2.79 Bn |
| Dec 31, 2021 | 2.65 Bn |
API Access
First Solar Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();