First Solar (FSLR) Receivables (2009 - 2026)
First Solar (FSLR) reported Receivables of $1.4 billion for Q1 2026, down 22.48% on a YoY basis from $1.8 billion in Q1 2025, and down 21.92% quarter-over-quarter from $1.8 billion in Q4 2025.
First Solar (FSLR) Receivables (2009 - 2026) Analysis & Trends
First Solar has reported Receivables for 18 years, with the latest figure at $1.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Receivables fell 22.48% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (down 22.48% YoY), and the FY2025 full-year result was $1.8 billion, up 8.53% from the prior year.
- Receivables for Q1 2026 stood at $1.4 billion, down from $1.8 billion in the prior quarter.
- The five-year high for Receivables was $1.8 billion in Q1 2025, with the low at $293.4 million in Q1 2022.
- Historically, Receivables has averaged $946.9 million across 5 years, with a median of $779.5 million in 2023.
- Annual changes were most pronounced in 2022 — Receivables tumbled 66.53% — and 2024, when it surged 185.82%.
- First Solar's Receivables stood at $325.4 million in 2022, then soared by 110.27% to $684.2 million in 2023, then soared by 143.33% to $1.7 billion in 2024, then gained by 8.53% to $1.8 billion in 2025, then dropped by 21.92% to $1.4 billion in 2026.
- The last three Receivables figures came in at $1.4 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 336.42 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 277.70 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 237.93 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 193.96 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 402.83 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.99 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.17 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 11.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.41 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | 1.76 Bn |
| Mar 31, 2025 | 1.82 Bn |
| Dec 31, 2024 | 1.66 Bn |
| Sep 30, 2024 | 783.94 Mn |
| Jun 30, 2024 | 671.04 Mn |
| Mar 31, 2024 | 856.41 Mn |
| Dec 31, 2023 | 684.19 Mn |
| Sep 30, 2023 | 779.53 Mn |
| Jun 30, 2023 | 683.92 Mn |
| Mar 31, 2023 | 299.63 Mn |
| Dec 31, 2022 | 325.38 Mn |
| Sep 30, 2022 | 325.99 Mn |
| Jun 30, 2022 | 454.43 Mn |
| Mar 31, 2022 | 293.36 Mn |
| Dec 31, 2021 | 429.44 Mn |
| Sep 30, 2021 | 298.98 Mn |
| Jun 30, 2021 | 659.33 Mn |