First Solar (FSLR) Total Non-Current Liabilities (2009 - 2026)
First Solar (FSLR) reported Total Non-Current Liabilities of $2.8 billion for Q3 2026, down 33.0% from $4.18 billion a year earlier but up 0.9% from the prior quarter.
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Analysis
First Solar (FSLR) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar posted Total Non-Current Liabilities of $3.49 billion, down 10.9% from FY2024.
- Total Non-Current Liabilities has a five-year compound annual growth rate of 23.5% (FY2020 to FY2025).
- By year, Total Non-Current Liabilities came in at $3.91 billion in FY2024 (+11.9%), $3.5 billion in FY2023 (+52.4%), $2.3 billion in FY2022 (+91.6%) and $1.2 billion in FY2021 (-1.5%).
- Five-year quarterly Total Non-Current Liabilities spans a low of $1.11 billion in Q2 2022 and a high of $4.18 billion in Q3 2025.
- Year over year, Total Non-Current Liabilities has now declined in each of the last four quarters, with an average decline of 6.0% over the last eight quarters.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q3 2023 (growth of 164.0%); the low point was Q3 2026 (a decline of 33.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.78 billion (Q2 2026), $3.17 billion (Q1 2026) and $3.49 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 66.73 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 4.60 Bn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 2.80 Bn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 1.85 Bn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 3.14 Bn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | - |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 5.61 Bn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 1.79 Bn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 1.59 Bn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 1.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.80 Bn |
| Jun 30, 2026 | 2.78 Bn |
| Mar 31, 2026 | 3.17 Bn |
| Dec 31, 2025 | 3.49 Bn |
| Sep 30, 2025 | 4.18 Bn |
| Jun 30, 2025 | 4.09 Bn |
| Mar 31, 2025 | 3.70 Bn |
| Dec 31, 2024 | 3.91 Bn |
| Sep 30, 2024 | 3.61 Bn |
| Jun 30, 2024 | 3.59 Bn |
| Mar 31, 2024 | 3.69 Bn |
| Dec 31, 2023 | 3.50 Bn |
| Sep 30, 2023 | 3.14 Bn |
| Jun 30, 2023 | 2.82 Bn |
| Mar 31, 2023 | 2.57 Bn |
| Dec 31, 2022 | 2.30 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.11 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 1.20 Bn |
API Access
First Solar Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();