First Solar (FSLR) Tax Provisions (2009 - 2026)
First Solar (FSLR) reported Tax Provisions of $7.7 million for Q1 2026, up 2.54% on a YoY basis from $7.5 million in Q1 2025, and down 74.67% quarter-over-quarter from $30.5 million in Q4 2025.
First Solar (FSLR) Tax Provisions (2009 - 2026) Analysis & Trends
First Solar has reported Tax Provisions for 18 years, with the latest figure at $7.7 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 2.54% year-over-year to $7.7 million; the trailing twelve-month figure through Mar 2026 stood at $52.9 million (down 48.62% YoY), and the FY2025 full-year result was $52.7 million, down 53.9% from the prior year.
- Tax Provisions for Q1 2026 stood at $7.7 million, down from $30.5 million in the prior quarter.
- The five-year high for Tax Provisions was $83.8 million in Q2 2022, with the low at -$19.5 million in Q1 2022.
- Historically, Tax Provisions has averaged $16.9 million across 5 years, with a median of $14.4 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 1594.86% — and 2023, when it soared 2711.68%.
- First Solar's Tax Provisions stood at $976000.0 in 2022, then soared by 2711.68% to $27.4 million in 2023, then jumped by 93.97% to $53.2 million in 2024, then tumbled by 42.78% to $30.5 million in 2025, then tumbled by 74.67% to $7.7 million in 2026.
- The last three Tax Provisions figures came in at $7.7 million (Q1 2026), $30.5 million (Q4 2025), and $4.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -6.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.29 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.10 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -164,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.72 Mn |
| Dec 31, 2025 | 30.46 Mn |
| Sep 30, 2025 | 4.40 Mn |
| Jun 30, 2025 | 10.30 Mn |
| Mar 31, 2025 | 7.52 Mn |
| Dec 31, 2024 | 53.23 Mn |
| Sep 30, 2024 | 14.39 Mn |
| Jun 30, 2024 | 27.78 Mn |
| Mar 31, 2024 | 18.90 Mn |
| Dec 31, 2023 | 27.44 Mn |
| Sep 30, 2023 | 22.07 Mn |
| Jun 30, 2023 | 17.89 Mn |
| Mar 31, 2023 | -6.89 Mn |
| Dec 31, 2022 | 976,000.00 |
| Sep 30, 2022 | -12.51 Mn |
| Jun 30, 2022 | 83.80 Mn |
| Mar 31, 2022 | -19.50 Mn |
| Dec 31, 2021 | 35.80 Mn |
| Sep 30, 2021 | 837,000.00 |
| Jun 30, 2021 | 20.35 Mn |