First Solar (FSLR) Total Liabilities (2009 - 2026)
First Solar (FSLR) reported Total Liabilities of $3.5 billion for Q1 2026, down 11.63% on a YoY basis from $3.9 billion in Q1 2025, and down 8.21% quarter-over-quarter from $3.8 billion in Q4 2025.
First Solar (FSLR) Total Liabilities (2009 - 2026) Analysis & Trends
First Solar has reported Total Liabilities for 18 years, with the latest figure 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.
- The five-year high for Total Liabilities was $4.4 billion in Q3 2025, with the low at $1.5 billion in Q2 2022.
- Historically, Total Liabilities has averaged $3.3 billion across 5 years, with a median of $3.7 billion in 2023.
- Annual changes were most pronounced in 2023 — Total Liabilities jumped 97.07% — and 2026, when it declined 11.63%.
- First Solar's Total Liabilities stood at $2.4 billion in 2022, then soared by 52.27% to $3.7 billion in 2023, then climbed by 12.76% to $4.1 billion in 2024, then decreased by 8.77% to $3.8 billion in 2025, then retreated 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 3.47 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 1.74 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.62 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.85 Bn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 17.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 429.25 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.21 Bn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 13.82 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 34.01 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 23.02 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 |