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% on a YoY basis from $577.9 million in Q2 2025, and down 91.16% quarter-over-quarter from $425.8 million in Q1 2026.
Analysis
First Solar (FSLR) Total Debt (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Total Debt for 18 consecutive years, with $37.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 93.49% year-over-year to $37.6 million; the trailing twelve-month figure through Jun 2026 stood at $37.6 million (down 93.49% YoY), and the FY2025 full-year result was $498.6 million, down 18.24% from the prior year.
- Total Debt slipped to $37.6 million in Q2 2026 per FSLR's latest filing, from $425.8 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.
- Historically, Total Debt has averaged $372.4 million across 5 years, with a median of $499.0 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Total Debt jumped 9015.82% in 2024, then sank 93.49% in 2026.
- Over 5 years, Total Debt stood at $184.3 million in 2022, then surged by 203.94% to $560.3 million in 2023, then climbed by 8.83% to $609.8 million in 2024, then dropped by 18.24% to $498.6 million in 2025, then sank by 92.45% to $37.6 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $37.6 million, $425.8 million, and $498.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 600.89 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 6.38 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 668.72 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 5.44 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 28.74 Mn |
Historic Data
Download Data
Historic 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 | 438.00 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 | 243.45 Mn |
| Sep 30, 2021 | 1.72 Mn |