First Solar (FSLR) Receivables - Net (2009 - 2026)
First Solar (FSLR) reported Receivables - Net of $1.4 billion for Q1 2026, down 13.49% on a YoY basis from $1.6 billion in Q1 2025, and up 6.25% quarter-over-quarter from $1.3 billion in Q4 2025.
First Solar (FSLR) Receivables - Net (2009 - 2026) Analysis & Trends
First Solar has reported Receivables - Net for 18 years, with the latest figure at $1.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Receivables - Net fell 13.49% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (down 13.49% YoY), and the FY2025 full-year result was $1.3 billion, up 3.67% from the prior year.
- Receivables - Net for Q1 2026 stood at $1.4 billion, up from $1.3 billion in the prior quarter.
- The five-year high for Receivables - Net was $1.7 billion in Q2 2025, with the low at $293.4 million in Q1 2022.
- Historically, Receivables - Net has averaged $858.3 million across 5 years, with a median of $671.6 million in 2024.
- Annual changes were most pronounced in 2022 — Receivables - Net slumped 63.14% — and 2025, when it surged 168.05%.
- First Solar's Receivables - Net stood at $325.4 million in 2022, then surged by 103.57% to $662.4 million in 2023, then soared by 90.38% to $1.3 billion in 2024, then climbed by 3.67% to $1.3 billion in 2025, then climbed by 6.25% to $1.4 billion in 2026.
- The last three Receivables - Net figures came in at $1.4 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 Bn |
| Mar 31, 2026 | 1.39 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | 762.14 Mn |
| Sep 30, 2024 | 762.14 Mn |
| Jun 30, 2024 | 649.24 Mn |
| Jun 30, 2024 | 649.24 Mn |
| Mar 31, 2024 | 671.65 Mn |
| Mar 31, 2024 | 671.65 Mn |
| Dec 31, 2023 | 662.39 Mn |
| Dec 31, 2023 | 662.39 Mn |