First Solar (FSLR) Receivables (2009 - 2026)
First Solar (FSLR) posted Receivables of $1.4 billion for Q1 2026, up 6.15% on a QoQ basis from $1.3 billion in Q4 2025, and down 13.31% year-over-year from $1.6 billion in Q1 2025.
First Solar (FSLR) Receivables (2009 - 2026) Analysis & Trends
First Solar's Receivables history runs 18 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- Quarterly Receivables fell 13.31% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 13.31% YoY) and the FY2025 annual result came in at $1.3 billion, up 3.5% from the prior year.
- Receivables was $1.4 billion for Q1 2026 at First Solar, up from $1.3 billion in the prior quarter.
- Across five years, Receivables topped out at $1.8 billion in Q2 2025 and bottomed at $293.8 million in Q1 2022.
- A 5-year average of $874.7 million and a median of $691.5 million in 2024 frame the typical range for Receivables.
- Annual changes were most pronounced in 2022 — Receivables slumped 66.48% — and 2025, when it jumped 161.2%.
- First Solar's Receivables stood at $325.4 million in 2022, then jumped by 109.78% to $682.6 million in 2023, then surged by 88.13% to $1.3 billion in 2024, then advanced by 3.5% to $1.3 billion in 2025, then gained by 6.15% to $1.4 billion in 2026.
- Business Quant data shows FSLR's Receivables at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 232.24 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.99 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 280.70 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 1.28 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 194.45 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.06 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 402.83 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 17.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.41 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | 1.75 Bn |
| Mar 31, 2025 | 1.63 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 784.55 Mn |
| Jun 30, 2024 | 671.04 Mn |
| Mar 31, 2024 | 691.55 Mn |
| Dec 31, 2023 | 682.58 Mn |
| Sep 30, 2023 | 779.53 Mn |
| Jun 30, 2023 | 682.64 Mn |
| Mar 31, 2023 | 299.63 Mn |
| Dec 31, 2022 | 325.38 Mn |
| Sep 30, 2022 | 325.42 Mn |
| Jun 30, 2022 | 454.43 Mn |
| Mar 31, 2022 | 293.84 Mn |
| Dec 31, 2021 | 430.10 Mn |
| Sep 30, 2021 | 298.98 Mn |
| Jun 30, 2021 | 659.33 Mn |