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
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