First Solar (FSLR) Property, Plant & Equipment (Net) (2009 - 2026)
First Solar's Property, Plant & Equipment (Net) came in at $5.64 billion for Q2 2026, down 1.4% from $5.72 billion a year earlier and down 0.4% from the prior quarter.
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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 Q2 2026 figure represents the lowest quarterly Property, Plant & Equipment (Net) since Q1 2025.
- Year-over-year, Property, Plant & Equipment (Net) increased in seven of the last eight quarters, with growth averaging 11.5%.
- 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 Q2 2026 (a decline of 1.4%).
- Business Quant data shows FSLR's Property, Plant & Equipment (Net) at $5.67 billion (Q1 2026), $5.68 billion (Q4 2025) and $5.76 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 7.35 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 443.39 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 5.64 Bn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 862.58 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 89.18 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 1.60 Bn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 572.41 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 136.45 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 155.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.13 Bn | -152,000.00 | 3.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 2.51 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();