First Solar (FSLR) Retained Earnings (2009 - 2026)
First Solar posted quarterly Retained Earnings of -$168.2 million for Q1 2026, up 1.68% year-on-year from -$165.4 million in Q1 2025, and down 102.48% on a QoQ basis from $6.8 billion in Q4 2025.
First Solar (FSLR) has 18 years of Retained Earnings data on file, last reported 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.
- Across five years, Retained Earnings topped out at $6.8 billion in Q4 2025 and bottomed at -$184.1 million in Q4 2024.
- The 5-year median for Retained Earnings is -$160.9 million (2025), against an average of $1.5 billion.
- The widest annual swing landed in 2023, when Retained Earnings sank 105.55%; it then soared 3789.78% in 2025.
- A 5-year view of Retained Earnings shows it stood at $3.1 billion in 2022, then tumbled by 105.55% to -$174.1 million in 2023, then declined by 5.7% to -$184.1 million in 2024, then jumped by 3789.78% to $6.8 billion in 2025, then tumbled 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | -168.20 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 183,000.00 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.48 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -211.30 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 4.94 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -3.66 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 131.86 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -420.86 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -142.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2017 | 2.30 Bn |
| Sep 30, 2017 | 2.73 Bn |
| Jun 30, 2017 | -12.02 Mn |
| Mar 31, 2017 | -12.21 Mn |
| Dec 31, 2016 | 2.46 Bn |
| Sep 30, 2016 | 3.13 Bn |
| Jun 30, 2016 | 2.97 Bn |
| Mar 31, 2016 | 56.64 Mn |
| Dec 31, 2015 | 15.48 Mn |
| Sep 30, 2015 | 28.49 Mn |
| Jun 30, 2015 | 12.99 Mn |
| Mar 31, 2015 | 71.47 Mn |
| Dec 31, 2014 | 50.14 Mn |
| Sep 30, 2014 | 23.19 Mn |
| Jun 30, 2014 | 7.43 Mn |
| Mar 31, 2014 | -7.89 Mn |
| Dec 31, 2013 | -25.78 Mn |
| Sep 30, 2013 | -27.37 Mn |
| Jun 30, 2013 | -21.71 Mn |
| Mar 31, 2013 | -9.09 Mn |
| Dec 31, 2012 | -32.70 Mn |
| Sep 30, 2012 | -1.75 Mn |
| Jun 30, 2012 | -1.75 Mn |
| Mar 31, 2012 | -10.89 Mn |
| Dec 31, 2011 | -5.04 Mn |
| Sep 30, 2011 | 2.04 Bn |
| Jun 30, 2011 | -39.65 Mn |
| Mar 31, 2011 | -51.40 Mn |
| Dec 31, 2010 | 1.67 Bn |
| Sep 25, 2010 | 1.51 Bn |
| Jun 26, 2010 | 1.33 Bn |
| Mar 27, 2010 | -4.29 Mn |
| Dec 26, 2009 | 1.00 Bn |
| Sep 26, 2009 | -36.41 Mn |
| Jun 27, 2009 | 706.40 Mn |