First Solar (FSLR) Receivables (2009 - 2026)
First Solar (FSLR) recorded Receivables of $1.76 billion in Q2 2026, down 20.5% from $2.21 billion a year earlier but up 6.1% from the prior quarter.
Analysis
First Solar (FSLR) Receivables (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar reported Receivables of $1.79 billion, up 7.7% from FY2024.
- Annual Receivables has increased for three straight years, with a five-year compound annual growth rate of 41.6% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $1.66 billion in FY2024 (+26.1%), $1.32 billion in FY2023 (+307.1%), $324.34 million in FY2022 (-24.5%) and $429.44 million in FY2021 (+36.1%).
- Quarterly Receivables has ranged from $293.36 million in Q1 2022 to $2.21 billion in Q2 2025 over the past five years.
- On a year-over-year basis, Receivables rose in six of the last eight quarters, with growth averaging 65.1%.
- Peak year-over-year performance for Receivables in the last five years was growth of 307.1% in Q4 2023, against a decline of 66.3% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.66 billion (Q1 2026), $1.79 billion (Q4 2025) and $2.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 20.62 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 823.59 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 1.76 Bn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 820.54 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 669.20 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 1.05 Bn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 543.79 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 308.42 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 267.40 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 | 13.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.76 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.79 Bn |
| Sep 30, 2025 | 2.13 Bn |
| Jun 30, 2025 | 2.21 Bn |
| Mar 31, 2025 | 1.82 Bn |
| Dec 31, 2024 | 1.66 Bn |
| Sep 30, 2024 | 783.94 Mn |
| Jun 30, 2024 | 669.37 Mn |
| Mar 31, 2024 | 854.51 Mn |
| Dec 31, 2023 | 1.32 Bn |
| Sep 30, 2023 | 775.32 Mn |
| Jun 30, 2023 | 682.64 Mn |
| Mar 31, 2023 | 298.62 Mn |
| Dec 31, 2022 | 324.34 Mn |
| Sep 30, 2022 | 325.42 Mn |
| Jun 30, 2022 | 454.43 Mn |
| Mar 31, 2022 | 293.36 Mn |
| Dec 31, 2021 | 429.44 Mn |
| Sep 30, 2021 | 297.55 Mn |
API Access
First Solar Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables&ticker=FSLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=receivables&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();