First Solar (FSLR) Total Liabilities (2009 - 2026)
First Solar (FSLR) posted Total Liabilities of $3.5 billion for Q1 2026, down 8.21% on a QoQ basis from $3.8 billion in Q4 2025, and down 11.63% year-over-year from $3.9 billion in Q1 2025.
First Solar (FSLR) Total Liabilities (2009 - 2026) Analysis & Trends
First Solar's Total Liabilities history runs 18 years deep, the most recent figure standing at $3.5 billion for Q1 2026.
- Quarterly Total Liabilities fell 11.63% year-over-year to $3.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.5 billion (down 11.63% YoY) and the FY2025 annual result came in at $3.8 billion, down 8.77% from the prior year.
- Total Liabilities was $3.5 billion for Q1 2026 at First Solar, down from $3.8 billion in the prior quarter.
- Across five years, Total Liabilities topped out at $4.4 billion in Q3 2025 and bottomed at $1.5 billion in Q2 2022.
- A 5-year average of $3.3 billion and a median of $3.7 billion in 2023 frame the typical range for Total Liabilities.
- Annual changes were most pronounced in 2023 — Total Liabilities jumped 97.07% — and 2026, when it decreased 11.63%.
- First Solar's Total Liabilities stood at $2.4 billion in 2022, then surged by 52.27% to $3.7 billion in 2023, then increased by 12.76% to $4.1 billion in 2024, then dropped by 8.77% to $3.8 billion in 2025, then slipped by 8.21% to $3.5 billion in 2026.
- Business Quant data shows FSLR's Total Liabilities at $3.5 billion in Q1 2026, $3.8 billion in Q4 2025, and $4.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 3.47 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 1.74 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 1.62 Bn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 13.82 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 2.26 Bn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 17.81 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 429.25 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 10.90 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.21 Bn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 338.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.47 Bn |
| Dec 31, 2025 | 3.78 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 4.31 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 4.15 Bn |
| Sep 30, 2024 | 3.84 Bn |
| Jun 30, 2024 | 3.76 Bn |
| Mar 31, 2024 | 3.86 Bn |
| Dec 31, 2023 | 3.68 Bn |
| Sep 30, 2023 | 3.28 Bn |
| Jun 30, 2023 | 2.96 Bn |
| Mar 31, 2023 | 2.70 Bn |
| Dec 31, 2022 | 2.42 Bn |
| Sep 30, 2022 | 1.66 Bn |
| Jun 30, 2022 | 1.52 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 1.45 Bn |
| Sep 30, 2021 | 1.44 Bn |
| Jun 30, 2021 | 1.46 Bn |