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
DateValue
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