First Solar (FSLR) Retained Earnings (2009 - 2026)

First Solar (FSLR) reported Retained Earnings of -$168.2 million for Q1 2026, up 1.68% on a YoY basis from -$165.4 million in Q1 2025, and down 102.48% quarter-over-quarter from $6.8 billion in Q4 2025.

First Solar (FSLR) Retained Earnings (2009 - 2026) Analysis & Trends

First Solar has reported Retained Earnings for 18 years, with the latest figure at -$168.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings rose 1.68% year-over-year to -$168.2 million; the trailing twelve-month figure through Mar 2026 stood at -$168.2 million (up 1.68% YoY), and the FY2025 full-year result was $6.8 billion, up 3789.78% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$168.2 million, down from $6.8 billion in the prior quarter.
  • The five-year high for Retained Earnings was $6.8 billion in Q4 2025, with the low at -$184.1 million in Q4 2024.
  • Historically, Retained Earnings has averaged $1.5 billion across 5 years, with a median of -$160.9 million in 2025.
  • Annual changes were most pronounced in 2023 — Retained Earnings tumbled 105.55% — and 2025, when it soared 3789.78%.
  • First Solar's Retained Earnings stood at $3.1 billion in 2022, then plunged by 105.55% to -$174.1 million in 2023, then dropped by 5.7% to -$184.1 million in 2024, then soared by 3789.78% to $6.8 billion in 2025, then plunged by 102.48% to -$168.2 million in 2026.
  • The last three Retained Earnings figures came in at -$168.2 million (Q1 2026), $6.8 billion (Q4 2025), and -$154.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -168.20 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 183,000.00
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -211.30 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 4.94 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -3.66 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 131.86 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -420.86 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 -142.16 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 11.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -168.20 Mn
Dec 31, 2025 6.79 Bn
Sep 30, 2025 -154.88 Mn
Jun 30, 2025 -160.92 Mn
Mar 31, 2025 -171.07 Mn
Dec 31, 2024 -184.06 Mn
Sep 30, 2024 -168.86 Mn
Jun 30, 2024 4.56 Bn
Mar 31, 2024 -183.61 Mn
Dec 31, 2023 -174.13 Mn
Sep 30, 2023 3.62 Bn
Jun 30, 2023 3.35 Bn
Dec 31, 2022 3.14 Bn
Dec 31, 2021 3.18 Bn
Dec 31, 2020 2.72 Bn
Dec 31, 2019 2.33 Bn
Dec 31, 2018 2.44 Bn
Sep 30, 2018 -35.17 Mn
Jun 30, 2018 2.33 Bn
Mar 31, 2018 -18.58 Mn