First Solar (FSLR) Revenue (2009 - 2026)
First Solar (FSLR) reported Revenue of $1.0 billion for Q1 2026, up 23.64% on a YoY basis from $844.6 million in Q1 2025, and down 37.95% quarter-over-quarter from $1.7 billion in Q4 2025.
First Solar (FSLR) Revenue (2009 - 2026) Analysis & Trends
First Solar has reported Revenue for 18 years, with the latest figure at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 23.64% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $5.4 billion (up 27.3% YoY), and the FY2025 full-year result was $5.2 billion, up 24.09% from the prior year.
- Revenue for Q1 2026 stood at $1.0 billion, down from $1.7 billion in the prior quarter.
- The five-year high for Revenue was $1.7 billion in Q4 2025, with the low at $367.0 million in Q1 2022.
- Historically, Revenue has averaged $965.2 million across 5 years, with a median of $887.7 million in 2024.
- Annual changes were most pronounced in 2022 — Revenue tumbled 54.31% — and 2025, when it soared 79.67%.
- First Solar's Revenue stood at $1.0 billion in 2022, then rose by 15.58% to $1.2 billion in 2023, then surged by 30.68% to $1.5 billion in 2024, then advanced by 11.15% to $1.7 billion in 2025, then slumped by 37.95% to $1.0 billion in 2026.
- The last three Revenue figures came in at $1.0 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 282.90 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 310.50 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 722.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 140.56 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 223.41 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 25.20 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 844.57 Mn |
| Dec 31, 2024 | 1.51 Bn |
| Sep 30, 2024 | 887.67 Mn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 794.11 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 801.09 Mn |
| Jun 30, 2023 | 810.67 Mn |
| Mar 31, 2023 | 548.29 Mn |
| Dec 31, 2022 | 1.00 Bn |
| Sep 30, 2022 | 628.93 Mn |
| Jun 30, 2022 | 620.96 Mn |
| Mar 31, 2022 | 367.04 Mn |
| Dec 31, 2021 | 907.32 Mn |
| Sep 30, 2021 | 583.50 Mn |
| Jun 30, 2021 | 629.18 Mn |