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
DateValue
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