First Solar (FSLR) Raw Materials (2009 - 2026)
First Solar (FSLR) posted Raw Materials of $385.6 million for Q1 2026, down 10.26% on a QoQ basis from $429.7 million in Q4 2025, and down 17.07% year-over-year from $464.9 million in Q1 2025.
First Solar (FSLR) Raw Materials (2009 - 2026) Analysis & Trends
First Solar's Raw Materials history runs 18 years deep, the most recent figure standing at $385.6 million for Q1 2026.
- Quarterly Raw Materials fell 17.07% year-over-year to $385.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $385.6 million (down 17.07% YoY) and the FY2025 annual result came in at $429.7 million, down 12.23% from the prior year.
- Raw Materials was $385.6 million for Q1 2026 at First Solar, down from $429.7 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.
- A 5-year average of $434.5 million and a median of $435.2 million in 2025 frame the typical range for Raw Materials.
- Annual changes were most pronounced in 2022 — Raw Materials gained 29.64% — and 2026, when it slipped 17.07%.
- First Solar's 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 fell by 10.26% to $385.6 million in 2026.
- Business Quant data shows FSLR's Raw Materials at $385.6 million in Q1 2026, $429.7 million in Q4 2025, and $435.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 333.01 Mn |