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% YoY from $475.0 million in Q2 2025, and up 4.25% on a QoQ basis from $385.6 million in Q1 2026.
First Solar (FSLR) Raw Materials (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Raw Materials data on file, last reported at $402.0 million in Q2 2026.
- Quarterly Raw Materials fell 15.37% year-over-year to $402.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $402.0 million (down 15.37% YoY) and the FY2025 annual result came in at $429.7 million, down 12.23% from the prior year.
- Raw Materials grew to $402.0 million in Q2 2026, from $385.6 million in the prior quarter.
- In the past five years, Raw Materials ranged from a high of $489.5 million in Q4 2024 to a low of $382.6 million in Q3 2022.
- A 5-year average of $432.7 million and a median of $432.4 million in 2025 frame the typical range for Raw Materials.
- Annual changes were most pronounced in 2022 — Raw Materials grew 29.64% — and 2026, when it fell 17.07%.
- Tracing FSLR's Raw Materials over 5 years: stood at $397.9 million in 2022, then grew by 20.16% to $478.1 million in 2023, then advanced by 2.38% to $489.5 million in 2024, then slipped by 12.23% to $429.7 million in 2025, then fell by 6.45% to $402.0 million in 2026.
- The last three Raw Materials figures came in at $402.0 million (Q2 2026), $385.6 million (Q1 2026), and $429.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn |
Historic Data
Download 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 |