Growth Metrics

First Solar (FSLR) Work In Process (2009 - 2026)

First Solar posted quarterly Work In Process of $116.1 million for Q1 2026, down 15.51% year-on-year from $137.4 million in Q1 2025, and up 10.2% on a QoQ basis from $105.3 million in Q4 2025.

First Solar (FSLR) has 18 years of Work In Process data on file, last reported at $116.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process fell 15.51% year-over-year to $116.1 million; the trailing twelve-month figure through Mar 2026 stood at $116.1 million (down 15.51% YoY), and the FY2025 full-year result was $105.3 million, down 8.96% from the prior year.
  • Work In Process for Q1 2026 stood at $116.1 million, up from $105.3 million in the prior quarter.
  • Across five years, Work In Process topped out at $137.4 million in Q1 2025 and bottomed at $57.9 million in Q1 2022.
  • The 5-year median for Work In Process is $92.5 million (2023), against an average of $93.5 million.
  • The widest annual swing landed in 2023, when Work In Process soared 54.77%; it then retreated 15.51% in 2026.
  • A 5-year view of Work In Process shows it stood at $66.6 million in 2022, then climbed by 17.74% to $78.5 million in 2023, then surged by 47.45% to $115.7 million in 2024, then slipped by 8.96% to $105.3 million in 2025, then advanced by 10.2% to $116.1 million in 2026.
  • The last three Work In Process figures came in at $116.1 million (Q1 2026), $105.3 million (Q4 2025), and $119.6 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 60.84 Mn
Mar 31, 2021 62.90 Mn
Dec 31, 2020 64.71 Mn
Sep 30, 2020 67.27 Mn
Jun 30, 2020 68.24 Mn
Mar 31, 2020 63.94 Mn
Dec 31, 2019 59.92 Mn
Sep 30, 2019 68.86 Mn
Jun 30, 2019 91.73 Mn
Mar 31, 2019 59.89 Mn
Dec 31, 2018 56.91 Mn
Sep 30, 2018 51.45 Mn
Jun 30, 2018 72.41 Mn
Mar 31, 2018 65.37 Mn
Dec 31, 2017 28.84 Mn
Sep 30, 2017 20.89 Mn
Jun 30, 2017 26.15 Mn
Mar 31, 2017 33.27 Mn
Dec 31, 2016 62.78 Mn
Sep 30, 2016 77.94 Mn
Jun 30, 2016 92.80 Mn
Mar 31, 2016 155.23 Mn
Dec 31, 2015 136.89 Mn
Sep 30, 2015 104.39 Mn
Jun 30, 2015 94.36 Mn
Mar 31, 2015 119.96 Mn
Dec 31, 2014 125.08 Mn
Sep 30, 2014 101.12 Mn
Jun 30, 2014 58.82 Mn
Mar 31, 2014 82.56 Mn
Dec 31, 2013 133.73 Mn
Sep 30, 2013 139.94 Mn
Jun 30, 2013 128.38 Mn
Mar 31, 2013 135.37 Mn
Dec 31, 2012 98.90 Mn
Sep 30, 2012 125.01 Mn
Jun 30, 2012 152.66 Mn
Mar 31, 2012 122.96 Mn
Dec 31, 2011 53.78 Mn
Sep 30, 2011 43.29 Mn
Jun 30, 2011 33.66 Mn
Mar 31, 2011 27.47 Mn
Dec 31, 2010 21.53 Mn
Sep 25, 2010 22.54 Mn
Jun 26, 2010 5.86 Mn
Dec 26, 2009 6.25 Mn