Growth Metrics

First Solar (FSLR) Shares Outstanding (Diluted Average) (2009 - 2026)

First Solar posted quarterly Shares Outstanding (Diluted Average) of $107.6 million for Q1 2026, little changed year-on-year from $107.4 million in Q1 2025, and little changed on a QoQ basis from $107.5 million in Q4 2025.

First Solar (FSLR) has 15 years of Shares Outstanding (Diluted Average) data on file, last reported at $107.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) changed 0.19% year-over-year to $107.6 million; the trailing twelve-month figure through Mar 2026 stood at $107.6 million (changed 0.19% YoY), and the FY2025 full-year result was $107.5 million, changed 0.01% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $107.6 million, roughly flat from $107.5 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $107.6 million in Q1 2026 and bottomed at $106.4 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $107.4 million (2025), against an average of $107.4 million.
  • The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) dropped 0.45%; it then rose 0.7% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $106.4 million in 2022, then climbed by 0.9% to $107.4 million in 2023, then climbed by 0.14% to $107.5 million in 2024, then rose by 0.01% to $107.5 million in 2025, then rose by 0.08% to $107.6 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $107.6 million (Q1 2026), $107.5 million (Q4 2025), and $107.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 107.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 152.71 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2,500.00
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 131.34 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 60.52 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 272.35 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 167.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 152.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 209.48 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 72.58 Mn

Historic Data

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DateValue
Mar 31, 2026 107.62 Mn
Dec 31, 2025 107.54 Mn
Sep 30, 2025 107.49 Mn
Jun 30, 2025 107.47 Mn
Mar 31, 2025 107.42 Mn
Dec 31, 2024 107.53 Mn
Sep 30, 2024 107.56 Mn
Jun 30, 2024 107.50 Mn
Mar 31, 2024 107.41 Mn
Dec 31, 2023 107.37 Mn
Sep 30, 2023 107.33 Mn
Jun 30, 2023 107.26 Mn
Mar 31, 2023 107.15 Mn
Mar 31, 2022 106.41 Mn
Dec 31, 2021 106.92 Mn
Sep 30, 2021 106.88 Mn
Jun 30, 2021 106.84 Mn
Mar 31, 2021 106.89 Mn
Dec 31, 2020 106.69 Mn
Sep 30, 2020 106.75 Mn
Jun 30, 2020 106.43 Mn
Mar 31, 2020 106.39 Mn
Dec 31, 2019 105.31 Mn
Sep 30, 2019 105.27 Mn
Jun 30, 2019 105.21 Mn
Mar 31, 2019 105.05 Mn
Dec 31, 2018 106.11 Mn
Sep 30, 2018 106.16 Mn
Jun 30, 2018 104.78 Mn
Mar 31, 2018 106.31 Mn
Dec 31, 2017 104.33 Mn
Sep 30, 2017 105.66 Mn
Jun 30, 2017 104.61 Mn
Mar 31, 2017 104.41 Mn
Dec 31, 2016 102.87 Mn
Sep 30, 2016 103.68 Mn
Jun 30, 2016 103.38 Mn
Mar 31, 2016 102.92 Mn
Sep 30, 2014 101.42 Mn
Jun 30, 2014 101.82 Mn
Mar 31, 2014 101.82 Mn
Dec 31, 2013 95.47 Mn
Sep 30, 2013 93.52 Mn
Jun 30, 2013 91.14 Mn
Sep 25, 2010 86.61 Mn
Jun 26, 2010 86.25 Mn
Mar 27, 2010 86.09 Mn
Dec 26, 2009 85.04 Mn
Sep 26, 2009 85.89 Mn
Jun 27, 2009 85.67 Mn
Mar 28, 2009 82.61 Mn