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% on a YoY basis from $107.5 million in Q2 2025, and up 23.11% quarter-over-quarter from $116.1 million in Q1 2026.
Analysis
First Solar (FSLR) Work In Process (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Work In Process for 18 consecutive years, with $142.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Work In Process rose 32.86% year-over-year to $142.9 million; the trailing twelve-month figure through Jun 2026 stood at $142.9 million (up 32.86% YoY), and the FY2025 full-year result was $105.3 million, down 8.96% from the prior year.
- Work In Process improved to $142.9 million in Q2 2026 per FSLR's latest filing, from $116.1 million in the prior quarter.
- Across five years, Work In Process topped out at $142.9 million in Q2 2026 and bottomed at $57.9 million in Q1 2022.
- Historically, Work In Process has averaged $96.2 million across 5 years, with a median of $97.1 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Work In Process jumped 54.77% in 2023, then decreased 15.51% in 2026.
- Over 5 years, Work In Process stood at $66.6 million in 2022, then grew by 17.74% to $78.5 million in 2023, then soared by 47.45% to $115.7 million in 2024, then dropped by 8.96% to $105.3 million in 2025, then jumped by 35.66% to $142.9 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $142.9 million, $116.1 million, and $105.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.23 Bn | 20.50 Bn | 605.00 Mn |
| 2 | Nextpower | 12.26 Bn | 11.05 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.88 Bn | 3.94 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.18 Bn | 1.60 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 878.49 Mn | -588.02 Mn | 168.48 Mn |
| 8 | Array Technologies | 699.32 Mn | 392.02 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.56 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 132.14 Mn | 22.09 Mn | 36.97 Mn |
Historic Data
Download Data
Historic 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 |