Growth Metrics

First Solar (FSLR) Total Debt (2009 - 2026)

First Solar posted quarterly Total Debt of $425.8 million for Q1 2026, down 18.92% year-on-year from $525.1 million in Q1 2025, and down 14.6% on a QoQ basis from $498.6 million in Q4 2025.

First Solar (FSLR) has 18 years of Total Debt data on file, last reported at $425.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt fell 18.92% year-over-year to $425.8 million; the trailing twelve-month figure through Mar 2026 stood at $425.8 million (down 18.92% YoY), and the FY2025 full-year result was $498.6 million, down 18.24% from the prior year.
  • Total Debt for Q1 2026 stood at $425.8 million, down from $498.6 million in the prior quarter.
  • Across five years, Total Debt topped out at $619.6 million in Q1 2024 and bottomed at $3.8 million in Q1 2022.
  • The 5-year median for Total Debt is $499.4 million (2023), against an average of $392.0 million.
  • The widest annual swing landed in 2022, when Total Debt fell 23.16%; it then soared 9015.82% in 2024.
  • A 5-year view of Total Debt shows it stood at $184.3 million in 2022, then jumped by 203.94% to $560.3 million in 2023, then advanced by 8.83% to $609.8 million in 2024, then slipped by 18.24% to $498.6 million in 2025, then retreated by 14.6% to $425.8 million in 2026.
  • The last three Total Debt figures came in at $425.8 million (Q1 2026), $498.6 million (Q4 2025), and $555.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 425.78 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 5.34 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 443.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 667.21 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.78 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 425.78 Mn
Dec 31, 2025 498.57 Mn
Sep 30, 2025 554.96 Mn
Jun 30, 2025 577.87 Mn
Mar 31, 2025 525.14 Mn
Dec 31, 2024 609.78 Mn
Sep 30, 2024 581.58 Mn
Jun 30, 2024 558.90 Mn
Mar 31, 2024 619.60 Mn
Dec 31, 2023 560.31 Mn
Sep 30, 2023 499.45 Mn
Jun 30, 2023 437.41 Mn
Mar 31, 2023 6.80 Mn
Dec 31, 2022 184.35 Mn
Sep 30, 2022 12.89 Mn
Jun 30, 2022 7.37 Mn
Mar 31, 2022 3.79 Mn
Dec 31, 2021 239.90 Mn
Sep 30, 2021 1.72 Mn
Jun 30, 2021 2.85 Mn
Mar 31, 2021 2.94 Mn
Dec 31, 2020 279.23 Mn
Sep 30, 2020 3.12 Mn
Jun 30, 2020 1.22 Mn
Mar 31, 2020 1.61 Mn
Dec 31, 2019 471.70 Mn
Sep 30, 2019 3.24 Mn
Jun 30, 2019 5.26 Mn
Mar 31, 2019 2.11 Mn
Dec 31, 2018 466.79 Mn
Sep 30, 2018 466.10 Mn
Jun 30, 2018 456.30 Mn
Mar 31, 2018 437.88 Mn
Dec 31, 2017 393.54 Mn
Sep 30, 2017 343.66 Mn
Jun 30, 2017 321.03 Mn
Mar 31, 2017 277.36 Mn
Dec 31, 2016 188.39 Mn
Sep 30, 2016 787.16 Mn
Jun 30, 2016 233.43 Mn
Mar 31, 2016 299.34 Mn
Dec 31, 2015 289.42 Mn
Sep 30, 2015 285.48 Mn
Jun 30, 2015 299.69 Mn
Mar 31, 2015 242.51 Mn
Dec 31, 2014 213.47 Mn
Sep 30, 2014 218.25 Mn
Jun 30, 2014 194.67 Mn
Mar 31, 2014 198.89 Mn
Dec 31, 2013 223.32 Mn
Sep 30, 2013 229.21 Mn
Jun 30, 2013 255.76 Mn
Mar 31, 2013 562.22 Mn
Dec 31, 2012 562.57 Mn
Sep 30, 2012 529.69 Mn
Jun 30, 2012 518.85 Mn
Mar 31, 2012 864.31 Mn
Dec 31, 2011 663.65 Mn
Sep 30, 2011 608.34 Mn
Jun 30, 2011 360.83 Mn
Mar 31, 2011 131.70 Mn
Dec 31, 2010 237.39 Mn
Sep 25, 2010 250.40 Mn
Jun 26, 2010 138.63 Mn
Mar 27, 2010 162.48 Mn
Dec 26, 2009 174.96 Mn
Sep 26, 2009 192.49 Mn
Jun 27, 2009 233.57 Mn