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

First Solar (FSLR) posted Retained Earnings of -$168.2 million for Q1 2026, down 102.48% on a QoQ basis from $6.8 billion in Q4 2025, and down 103.07% year-over-year from $5.5 billion in Q1 2025.

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

First Solar's Retained Earnings history runs 16 years deep, the most recent figure standing at -$168.2 million for Q1 2026.

  • Quarterly Retained Earnings fell 103.07% year-over-year to -$168.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$168.2 million (down 103.07% YoY) and the FY2025 annual result came in at $6.8 billion, up 29.04% from the prior year.
  • Retained Earnings was -$168.2 million for Q1 2026 at First Solar, down from $6.8 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $6.8 billion in Q4 2025 and bottomed at -$199.0 million in Q3 2023.
  • A 5-year average of $2.0 billion and a median of -$157.9 million in 2025 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2023 — Retained Earnings surged 2170.24% — and 2026, when it sank 103.07%.
  • First Solar's Retained Earnings stood at -$191.8 million in 2022, then jumped by 2170.24% to $4.0 billion in 2023, then surged by 32.54% to $5.3 billion in 2024, then gained by 29.04% to $6.8 billion in 2025, then slumped by 102.48% to -$168.2 million in 2026.
  • Business Quant data shows FSLR's Retained Earnings at -$168.2 million in Q1 2026, $6.8 billion in Q4 2025, and -$154.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -168.20 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -1.97 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -5.82 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -1.49 Bn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 64.41 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 131.86 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -78.13 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -8.16 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 118.39 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 5.47 Bn
Dec 31, 2024 5.26 Bn
Sep 30, 2024 -168.86 Mn
Jun 30, 2024 -188.32 Mn
Mar 31, 2024 4.21 Bn
Dec 31, 2023 3.97 Bn
Sep 30, 2023 -198.97 Mn
Dec 31, 2022 -191.82 Mn
Dec 31, 2019 2.33 Bn
Dec 31, 2018 -54.47 Mn
Sep 30, 2018 2.39 Bn
Jun 30, 2018 -30.24 Mn
Mar 31, 2018 -18.58 Mn
Dec 31, 2017 2.26 Mn
Sep 30, 2017 2.73 Bn
Jun 30, 2017 2.52 Bn