Growth Metrics

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

First Solar posted quarterly Total Liabilities of $3.5 billion for Q1 2026, down 11.63% year-on-year from $3.9 billion in Q1 2025, and down 8.21% on a QoQ basis from $3.8 billion in Q4 2025.

First Solar (FSLR) has 18 years of Total Liabilities data on file, last reported at $3.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Total Liabilities fell 11.63% year-over-year to $3.5 billion; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (down 11.63% YoY), and the FY2025 full-year result was $3.8 billion, down 8.77% from the prior year.
  • Total Liabilities for Q1 2026 stood at $3.5 billion, 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.
  • The 5-year median for Total Liabilities is $3.7 billion (2023), against an average of $3.3 billion.
  • The widest annual swing landed in 2023, when Total Liabilities jumped 97.07%; it then declined 11.63% in 2026.
  • A 5-year view of Total Liabilities shows it stood at $2.4 billion in 2022, then jumped by 52.27% to $3.7 billion in 2023, then grew by 12.76% to $4.1 billion in 2024, then slipped by 8.77% to $3.8 billion in 2025, then decreased by 8.21% to $3.5 billion in 2026.
  • The last three Total Liabilities figures came in at $3.5 billion (Q1 2026), $3.8 billion (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 3.47 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.74 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 10.90 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.62 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 1.85 Bn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 17.81 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 429.25 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 1.21 Bn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 13.82 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 34.01 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 1.41 Bn
Dec 31, 2020 1.59 Bn
Sep 30, 2020 1.59 Bn
Jun 30, 2020 1.85 Bn
Mar 31, 2020 1.78 Bn
Dec 31, 2019 2.42 Bn
Sep 30, 2019 1.87 Bn
Jun 30, 2019 2.00 Bn
Mar 31, 2019 2.13 Bn
Dec 31, 2018 1.91 Bn
Sep 30, 2018 1.92 Bn
Jun 30, 2018 1.91 Bn
Mar 31, 2018 1.68 Bn
Dec 31, 2017 1.77 Bn
Sep 30, 2017 1.54 Bn
Jun 30, 2017 1.39 Bn
Mar 31, 2017 1.38 Bn
Dec 31, 2016 1.61 Bn
Sep 30, 2016 2.14 Bn
Jun 30, 2016 1.74 Bn
Mar 31, 2016 1.84 Bn
Dec 31, 2015 1.77 Bn
Sep 30, 2015 1.67 Bn
Jun 30, 2015 1.76 Bn
Mar 31, 2015 1.69 Bn
Dec 31, 2014 1.73 Bn
Sep 30, 2014 1.65 Bn
Jun 30, 2014 1.94 Bn
Mar 31, 2014 1.74 Bn
Dec 31, 2013 2.38 Bn
Sep 30, 2013 2.44 Bn
Jun 30, 2013 2.71 Bn
Mar 31, 2013 2.62 Bn
Dec 31, 2012 2.74 Bn
Sep 30, 2012 2.52 Bn
Jun 30, 2012 2.13 Bn
Mar 31, 2012 2.56 Bn
Dec 31, 2011 2.13 Bn
Sep 30, 2011 1.70 Bn
Jun 30, 2011 1.26 Bn
Mar 31, 2011 868.13 Mn
Dec 31, 2010 925.46 Mn
Sep 25, 2010 900.43 Mn
Jun 26, 2010 619.07 Mn
Mar 27, 2010 626.66 Mn
Dec 26, 2009 696.73 Mn
Sep 26, 2009 635.90 Mn
Jun 27, 2009 625.29 Mn