First Solar (FSLR) Raw Materials (2009 - 2026)
First Solar (FSLR) posted Raw Materials of $401.96 million for Q2 2026, down 15.4% from $474.95 million a year earlier but up 4.2% from the prior quarter.
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Analysis
First Solar (FSLR) Raw Materials (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar's Raw Materials came in at $429.68 million, down 12.2% from FY2024.
- Annual Raw Materials shows a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In prior years, First Solar's Raw Materials was $489.52 million in FY2024 (+2.4%), $478.14 million in FY2023 (+20.2%), $397.91 million in FY2022 (-1.7%) and $404.73 million in FY2021 (+38.4%).
- Quarterly Raw Materials has run from a low of $356.11 million in Q3 2021 to a high of $489.52 million in Q4 2024 over five years.
- On a year-over-year basis, Raw Materials has declined in each of the last four quarters, with an average decline of 4.5% over the last eight quarters.
- The strongest year-over-year quarter for Raw Materials in the past five years was Q4 2021, with growth of 38.4%; the weakest was Q1 2026, with a decline of 17.1%.
- According to Business Quant data, Raw Materials for the three prior quarters was $385.57 million (Q1 2026), $429.68 million (Q4 2025) and $435.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 |
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 |
API Access
First Solar Raw Materials 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=raw-materials&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();