First Solar (FSLR) Work In Process (2009 - 2026)
First Solar's (FSLR) quarterly Work In Process came in at $142.9 million in Q2 2026, up 32.86% YoY from $107.5 million in Q2 2025, and up 23.11% on a QoQ basis from $116.1 million in Q1 2026.
First Solar (FSLR) Work In Process (2009 - 2026) Analysis & Trends
First Solar (FSLR) has 18 years of Work In Process data on file, last reported at $142.9 million in Q2 2026.
- Quarterly Work In Process rose 32.86% year-over-year to $142.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $142.9 million (up 32.86% YoY) and the FY2025 annual result came in at $105.3 million, down 8.96% from the prior year.
- Work In Process grew to $142.9 million in Q2 2026, from $116.1 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $142.9 million in Q2 2026 to a low of $57.9 million in Q1 2022.
- A 5-year average of $96.2 million and a median of $97.1 million in 2023 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2023 — Work In Process soared 54.77% — and 2026, when it retreated 15.51%.
- Tracing FSLR's Work In Process over 5 years: stood at $66.6 million in 2022, then advanced by 17.74% to $78.5 million in 2023, then jumped by 47.45% to $115.7 million in 2024, then decreased by 8.96% to $105.3 million in 2025, then surged by 35.66% to $142.9 million in 2026.
- The last three Work In Process figures came in at $142.9 million (Q2 2026), $116.1 million (Q1 2026), and $105.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.24 Bn | 21.51 Bn | 605.00 Mn |
| 2 | Nextpower | 13.19 Bn | 11.97 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.13 Bn | 4.19 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.90 Bn | 1.32 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.22 Bn | 1.20 Bn | 49.53 Mn |
| 7 | Canadian Solar | 980.89 Mn | -607.40 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 838.45 Mn | -2.47 Bn | 147.66 Mn |
| 9 | Array Technologies | 728.56 Mn | 421.25 Mn | 99.60 Mn |
| 10 | Toyo | 175.58 Mn | 98.94 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 142.88 Mn |
| Mar 31, 2026 | 116.07 Mn |
| Dec 31, 2025 | 105.33 Mn |
| Sep 30, 2025 | 119.62 Mn |
| Jun 30, 2025 | 107.55 Mn |
| Mar 31, 2025 | 137.37 Mn |
| Dec 31, 2024 | 115.70 Mn |
| Sep 30, 2024 | 120.05 Mn |
| Jun 30, 2024 | 101.78 Mn |
| Mar 31, 2024 | 91.05 Mn |
| Dec 31, 2023 | 78.46 Mn |
| Sep 30, 2023 | 92.49 Mn |
| Jun 30, 2023 | 83.16 Mn |
| Mar 31, 2023 | 75.73 Mn |
| Dec 31, 2022 | 66.64 Mn |
| Sep 30, 2022 | 59.76 Mn |
| Jun 30, 2022 | 60.09 Mn |
| Mar 31, 2022 | 57.85 Mn |
| Dec 31, 2021 | 65.57 Mn |
| Sep 30, 2021 | 61.20 Mn |