First Solar (FSLR) Raw Materials (2009 - 2026)
First Solar's (FSLR) quarterly Raw Materials came in at $402.0 million in Q2 2026, down 15.37% on a YoY basis from $475.0 million in Q2 2025, and up 4.25% quarter-over-quarter from $385.6 million in Q1 2026.
Analysis
First Solar (FSLR) Raw Materials (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Raw Materials for 18 consecutive years, with $402.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Raw Materials fell 15.37% year-over-year to $402.0 million; the trailing twelve-month figure through Jun 2026 stood at $402.0 million (down 15.37% YoY), and the FY2025 full-year result was $429.7 million, down 12.23% from the prior year.
- Raw Materials improved to $402.0 million in Q2 2026 per FSLR's latest filing, from $385.6 million in the prior quarter.
- Across five years, Raw Materials topped out at $489.5 million in Q4 2024 and bottomed at $382.6 million in Q3 2022.
- Historically, Raw Materials has averaged $432.7 million across 5 years, with a median of $432.4 million in 2025.
- The sharpest annual moves came in 2022 and 2026: Raw Materials increased 29.64% in 2022, then retreated 17.07% in 2026.
- Over 5 years, Raw Materials stood at $397.9 million in 2022, then rose by 20.16% to $478.1 million in 2023, then grew by 2.38% to $489.5 million in 2024, then declined by 12.23% to $429.7 million in 2025, then decreased by 6.45% to $402.0 million in 2026.
- According to Business Quant data, Raw Materials over the past three periods registered $402.0 million, $385.6 million, and $429.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 401.96 Mn |
| Mar 31, 2026 | 385.57 Mn |
| Dec 31, 2025 | 429.68 Mn |
| Sep 30, 2025 | 435.20 Mn |
| Jun 30, 2025 | 474.95 Mn |
| Mar 31, 2025 | 464.91 Mn |
| Dec 31, 2024 | 489.52 Mn |
| Sep 30, 2024 | 486.16 Mn |
| Jun 30, 2024 | 449.08 Mn |
| Mar 31, 2024 | 454.93 Mn |
| Dec 31, 2023 | 478.14 Mn |
| Sep 30, 2023 | 445.41 Mn |
| Jun 30, 2023 | 413.28 Mn |
| Mar 31, 2023 | 403.23 Mn |
| Dec 31, 2022 | 397.91 Mn |
| Sep 30, 2022 | 382.55 Mn |
| Jun 30, 2022 | 397.30 Mn |
| Mar 31, 2022 | 399.14 Mn |
| Dec 31, 2021 | 404.73 Mn |
| Sep 30, 2021 | 356.11 Mn |