First Solar (FSLR) Total Debt (2009 - 2026)
First Solar's (FSLR) quarterly Total Debt came in at $37.6 million in Q2 2026, down 93.49% YoY from $577.9 million in Q2 2025, and down 91.16% on a QoQ basis from $425.8 million in Q1 2026.
First Solar (FSLR) Total Debt (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 16 years of Total Debt data on file, last reported at $37.6 million in Q2 2026.
- Quarterly Total Debt fell 93.49% year-over-year to $37.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $37.6 million (down 93.49% YoY) and the FY2025 annual result came in at $498.6 million, down 18.24% from the prior year.
- Total Debt declined to $37.6 million in Q2 2026, from $425.8 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $619.6 million in Q1 2024 to a low of $7.5 million in Q2 2023.
- A 5-year average of $445.8 million and a median of $540.1 million in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt jumped 7352.0% — and 2026, when it plunged 93.49%.
- Tracing FSLR's Total Debt over 5 years: stood at $184.3 million in 2022, then soared by 203.94% to $560.3 million in 2023, then gained by 8.83% to $609.8 million in 2024, then decreased by 18.24% to $498.6 million in 2025, then tumbled by 92.45% to $37.6 million in 2026.
- The last three Total Debt figures came in at $37.6 million (Q2 2026), $425.8 million (Q1 2026), and $498.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.47 Bn | 21.74 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 13.21 Bn | 12.00 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.15 Bn | 4.21 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | 14.53 Bn |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.23 Bn | 1.21 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 1.01 Bn | -579.45 Mn | 124.40 Mn | 8.40 Bn |
| 8 | JinkoSolar Holding | 853.63 Mn | -2.45 Bn | 147.66 Mn | 2.75 Bn |
| 9 | Array Technologies | 730.86 Mn | 423.56 Mn | 99.60 Mn | 668.72 Mn |
| 10 | Toyo | 178.60 Mn | 101.96 Mn | 47.76 Mn | 2.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.64 Mn |
| 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 | 7.50 Mn |
| Dec 31, 2022 | 184.35 Mn |
| Dec 31, 2019 | 471.70 Mn |
| Dec 31, 2018 | 466.79 Mn |
| Sep 30, 2018 | 466.10 Mn |
| Jun 30, 2018 | 476.56 Mn |
| Mar 31, 2018 | 455.92 Mn |
| Dec 31, 2017 | 393.54 Mn |