First Solar (FSLR) Tax Rate (2009 - 2026)
First Solar's (FSLR) quarterly Tax Rate came in at 8.01% in Q2 2026, up 509.0% YoY from 1.32% in Q2 2025, and up 268.0% on a QoQ basis from 2.18% in Q1 2026.
First Solar (FSLR) Tax Rate (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Tax Rate data on file, last reported at 8.01% in Q2 2026.
- Quarterly Tax Rate rose 509.0% year-over-year to 8.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.35% (down 201.0% YoY) and the FY2025 annual result came in at 3.33%, down 479.0% from the prior year.
- Tax Rate improved to 8.01% in Q2 2026, from 2.18% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 60.03% in Q2 2022 to a low of 19.31% in Q1 2023.
- A 5-year average of 8.65% and a median of 7.33% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 4023 bps — and 2023, when it sank 5053 bps.
- Tracing FSLR's Tax Rate over 5 years: stood at 14.85% in 2022, then surged by 149 bps to 7.29% in 2023, then soared by 64 bps to 11.93% in 2024, then plunged by 54 bps to 5.52% in 2025, then surged by 45 bps to 8.01% in 2026.
- The last three Tax Rate figures came in at 8.01% (Q2 2026), 2.18% (Q1 2026), and 5.52% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 23.33% |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.01% |
| Jun 30, 2026 | 8.01% |
| Jun 30, 2026 | 8.01% |
| Mar 31, 2026 | 2.18% |
| Mar 31, 2026 | 2.18% |
| Mar 31, 2026 | 2.18% |
| Dec 31, 2025 | 5.52% |
| Dec 31, 2025 | 5.52% |
| Dec 31, 2025 | 5.52% |
| Sep 30, 2025 | 0.96% |
| Sep 30, 2025 | 0.96% |
| Sep 30, 2025 | 0.96% |
| Jun 30, 2025 | 2.92% |
| Jun 30, 2025 | 2.92% |
| Jun 30, 2025 | 2.92% |
| Mar 31, 2025 | 3.47% |
| Mar 31, 2025 | 3.47% |
| Mar 31, 2025 | 3.47% |
| Dec 31, 2024 | 11.93% |
| Dec 31, 2024 | 11.93% |