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
DateValue
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