Growth Metrics

First Solar (FSLR) Raw Materials (2009 - 2026)

First Solar posted quarterly Raw Materials of $385.6 million for Q1 2026, down 17.07% year-on-year from $464.9 million in Q1 2025, and down 10.26% on a QoQ basis from $429.7 million in Q4 2025.

First Solar (FSLR) has 18 years of Raw Materials data on file, last reported at $385.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Raw Materials fell 17.07% year-over-year to $385.6 million; the trailing twelve-month figure through Mar 2026 stood at $385.6 million (down 17.07% YoY), and the FY2025 full-year result was $429.7 million, down 12.23% from the prior year.
  • Raw Materials for Q1 2026 stood at $385.6 million, 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.
  • The 5-year median for Raw Materials is $435.2 million (2025), against an average of $434.5 million.
  • The widest annual swing landed in 2022, when Raw Materials grew 29.64%; it then fell 17.07% in 2026.
  • A 5-year view of Raw Materials shows it stood at $397.9 million in 2022, then increased by 20.16% to $478.1 million in 2023, then climbed by 2.38% to $489.5 million in 2024, then dropped by 12.23% to $429.7 million in 2025, then declined by 10.26% to $385.6 million in 2026.
  • The last three Raw Materials figures came in at $385.6 million (Q1 2026), $429.7 million (Q4 2025), and $435.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 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
Mar 31, 2021 307.88 Mn
Dec 31, 2020 292.33 Mn
Sep 30, 2020 275.31 Mn
Jun 30, 2020 260.03 Mn
Mar 31, 2020 255.85 Mn
Dec 31, 2019 248.76 Mn
Sep 30, 2019 241.31 Mn
Jun 30, 2019 241.34 Mn
Mar 31, 2019 244.41 Mn
Dec 31, 2018 224.33 Mn
Sep 30, 2018 210.22 Mn
Jun 30, 2018 180.84 Mn
Mar 31, 2018 168.40 Mn
Dec 31, 2017 148.97 Mn
Sep 30, 2017 142.82 Mn
Jun 30, 2017 134.58 Mn
Mar 31, 2017 140.73 Mn
Dec 31, 2016 148.22 Mn
Sep 30, 2016 155.59 Mn
Jun 30, 2016 165.05 Mn
Mar 31, 2016 165.23 Mn
Dec 31, 2015 159.08 Mn
Sep 30, 2015 158.82 Mn
Jun 30, 2015 163.92 Mn
Mar 31, 2015 163.38 Mn
Dec 31, 2014 157.47 Mn
Sep 30, 2014 156.69 Mn
Jun 30, 2014 160.69 Mn
Mar 31, 2014 162.93 Mn
Dec 31, 2013 165.81 Mn
Sep 30, 2013 166.44 Mn
Jun 30, 2013 177.07 Mn
Mar 31, 2013 176.09 Mn
Dec 31, 2012 184.01 Mn
Sep 30, 2012 188.85 Mn
Jun 30, 2012 181.45 Mn
Mar 31, 2012 192.89 Mn
Dec 31, 2011 230.68 Mn
Sep 30, 2011 221.94 Mn
Jun 30, 2011 197.96 Mn
Mar 31, 2011 175.21 Mn
Dec 31, 2010 162.19 Mn
Sep 25, 2010 140.33 Mn
Jun 26, 2010 136.60 Mn
Dec 26, 2009 122.28 Mn