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| 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 |
| 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 |