First Solar (FSLR) Revenue (2009 - 2026)
First Solar (FSLR) posted Revenue of $1.0 billion for Q1 2026, down 37.95% on a QoQ basis from $1.7 billion in Q4 2025, and up 23.64% year-over-year from $844.6 million in Q1 2025.
First Solar (FSLR) Revenue (2009 - 2026) Analysis & Trends
First Solar's Revenue history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- Quarterly Revenue rose 23.64% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.4 billion (up 27.3% YoY) and the FY2025 annual result came in at $5.2 billion, up 24.09% from the prior year.
- Revenue was $1.0 billion for Q1 2026 at First Solar, down from $1.7 billion in the prior quarter.
- Across five years, Revenue topped out at $1.7 billion in Q4 2025 and bottomed at $367.0 million in Q1 2022.
- A 5-year average of $965.2 million and a median of $887.7 million in 2024 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue slumped 54.31% — and 2025, when it soared 79.67%.
- First Solar's Revenue stood at $1.0 billion in 2022, then advanced by 15.58% to $1.2 billion in 2023, then jumped by 30.68% to $1.5 billion in 2024, then grew by 11.15% to $1.7 billion in 2025, then plunged by 37.95% to $1.0 billion in 2026.
- Business Quant data shows FSLR's Revenue at $1.0 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 282.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.78 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.22 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 223.41 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 142.77 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 |